Jul 28, 2014 at 18:15 | Source: CNBC-TV18
Analysts feel operating profit (EBITDA) may be impacted due to consent decree costs that is expected to be in single digits. They expect mark-to-market gains during the quarter but higher tax rate and weak operational performance may pull down adjusted profit.
Jul 28, 2014 at 10:49 | Source: CNBC-TV18
Tax rate and royalty payment will have some impact on profitability. Analysts expect a sharp hike in tax rate from 23 percent to 29 percent and royalty hike impact to the extent of 50 basis points year-on-year.
Jul 25, 2014 at 17:39 | Source: CNBC
Obama said that these companies performing tax inversions, which buy foreign firms to technically change their tax domicile to a country with a lower tax rate, benefit from America's university system and infrastructure, but then turn around and "game the system."
Jul 25, 2014 at 16:10 | Source: Moneycontrol.com
One of the most difficult tasks for an individual is to ensure that they have the purchase details available with them especially if the asset was bought a long time ago.
Jul 25, 2014 at 15:08 | Source: CNBC-TV18
"If not all, at least 50 percent of the retail investors would be keen to avail this kind of a long-term capital gain by investing for 36 months," Vivek Rajpal, Rates Strategist, Nomura India.
Jul 22, 2014 at 12:52 | Source: CNBC-TV18
Manish Wadhawan, MD & HD - interest rates at HSBC believes some relaxations on mutual funds taxation, which hit the market on Budget day, is likely after representations from the MF industry and Sebi to the finance ministry.
Jul 22, 2014 at 10:00 | Source: Moneycontrol.com
Top telecom operator Bharti Airtel shot up over 5 percent after its rival Idea Cellular reported stronger-than-expected quarterly earnings in June quarter. Consolidated net profit of Idea jumped 23.4 percent sequentially to Rs 728 crore in April-June quarter aided by strong operational performance and topline despite higher tax rate.
Jul 15, 2014 at 16:10 | Source: Moneycontrol.com
Tax slab increased to Rs. 2.5 Lakhs for citizen and Rs 3 lakhs for senior citizen. Income earned by an individual is chargeable to tax as per the slab they fall in. Individuals below the age of 60, exemption limit was previously Rs. 2 Lakhs which has been increased to Rs. 2.5 Lakhs.
Jul 15, 2014 at 14:42 | Source: Moneycontrol.com
The software services provider's Q1 FY15 consolidated profit after tax fell 30.2 percent sequentially to Rs 43.2 crore due to higher tax rate.
Jul 14, 2014 at 22:14 | Source: CNBC-TV18
In terms of the grandfathering element for the existing investors it could be possible that the government may actually say it is fine to go ahead and pay just the 10 percent long-term capital gains tax as they did earlier and not the 20 percent