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
Jul 14, 2014 at 19:11 | Source: Moneycontrol.com
CARE Ratings has come out with its analysis on the Union Budget 2014-15. "GDP growth is likely to be in the range of 5.4% - 5.9%", says the rating agency.
Jul 14, 2014 at 17:50 | Source: CNBC-TV18
According to CNBC-TV18 poll estimates, analysts expect profit after tax of NIIT Technologies to fall 15.5 percent sequentially to Rs 52.3 crore on likely increase in tax rate that was at 8 percent in Q4FY14 as against 25 percent Q3FY14.
Jul 14, 2014 at 16:15 | Source: Moneycontrol.com
The first most important amendment proposed in the Finance Bill which is going to have impact on each and every individual and Hindu Undivided Family.
Jul 14, 2014 at 16:12 | Source: Moneycontrol.com
Balwant Jain of Apnapaisa gives their take on Arun Jaitelys maiden Union Budget with regard to tax provisions affecting individual tax payers.
Jul 11, 2014 at 19:45 | Source: CNBC-TV18
In case of non-equity oriented mutual funds, there has been a change in the capital gains tax rate from 10-20 percent and also, the holding period for long-term capital gains to be treated as long-term capital asset, says Daksha Baxi.