Mar 06, 2014 at 17:22 | Source: Moneycontrol.com
The revised tariff norms are likely to have a smaller impact on NHPC and Power Grid because both the companies currently apply the minimum alternate tax, which is closer to their effective tax rate.
Mar 03, 2014 at 17:13 | Source: Moneycontrol.com
An individual / HUF can save taxes up to Rs.30,900/- for taxable income up to Rs 1 crore in FY 2013-14. Tax savings would be Rs.33,990/- in case the taxable income exceeds Rs 1 crore.
Mar 03, 2014 at 13:21 | Source: Moneycontrol.com
Balwant Jain, CFO, Apnapaisa.com explains what is tax deducted at source and who is to deduct it and at what rate is it deducted.
Mar 02, 2014 at 12:00 | Source: PTI
In Mumbai, jet fuel costs Rs 77,322.6 per kl as against Rs Rs 76,524.33 per kl previously, IOC said. Rates at different airports vary because of difference in local sales tax or VAT.
Feb 26, 2014 at 08:58 | Source: Reuters
The survey also found investor confidence for the year ahead was lowest in the United States. Particular concerns were tax rates and the robustness of the global and domestic economic recoveries.
Feb 25, 2014 at 13:40 | Source: Moneycontrol.com
A foreign exchange asset for a non resident individual would consist of a list of specified assets that have been acquired or purchased or invested in convertible foreign exchange. This requires a look at several details but before that it is important to understand who would be classified as a non resident Indian.
Feb 18, 2014 at 12:26 | Source: Moneycontrol.com
As expected from Interim Budgets, there is nothing in the Budget that the investor needs to take home. We will have to wait for the regular Budget to see the impact on investments.
Feb 17, 2014 at 18:06 | Source: Moneycontrol.com
Overall, curtailing the fiscal deficit to 4.1% of GDP for 2014-15 seems challenging, given the optimistic assumptions for nominal GDP growth (13.4%), tax revenue growth (19%) and disinvestment receipts (Rs 370 billion), while simultaneously allowing for fiscal space to fund the new governments expenditure priorities.
Feb 17, 2014 at 16:23 | Source: Moneycontrol.com
If you fail to pay advance tax by due date you can pay the advance tax which you have not paid on the due date on the next due date, but you will have to pay interest at the rate of 1 percent for three months.
Feb 15, 2014 at 19:09 | Source: Moneycontrol.com
A single time benefit refers to a situation wherein the individual is able to ensure that an investment that is made would result in a tax deduction coming to the individual.