Tax Slab 2013
Dec 16, 2014 at 17:14 | Source: Moneycontrol.com
Very often no tax deducted at source (TDS) is taken to mean no-tax liability, which is a big mistake. Individuals have to include interest paid to them without deducting tax at source to their taxable income. On the total income so arrived, they are supposed to pay income tax depending on their income tax slab.
Dec 12, 2014 at 01:54 | Source: PTI
The Public Accounts Committee said taxes over Rs 4.08 lakh crore were uncollected in FY 2012 and in FY 2013 the amount was Rs 4.86 lakh crore.
Dec 10, 2014 at 16:33 | Source: PTI
"For 2015, we see airlines making a collective USD 25 billion net profit. That's up from USD 19 billion this year, USD 10.6 billion in 2013 and USD 6.1 billion in 2012," the chief of the International Air Transport Association (IATA) said at the IATA Global Media Day.
Dec 08, 2014 at 19:17 | Source: PTI
Moody's Investors Service report also India's per capita income of USD 1,509 (2013) (about Rs 92,049) ranks in the bottom decile of all rated sovereigns, limiting government's tax revenue base and increasing spending claims on its limited resources.
Dec 02, 2014 at 18:05 | Source: Moneycontrol.com
The recently issued Schedule II to the Companies Act, 2013 on depreciation and its emphasis on useful life, surely created ripples and hectic efforts in the Q1 of 2014-15
Oct 06, 2014 at 10:01 | Source: CNBC
Given the massive role gasoline plays in American life (in a February 2013 report, the US Energy Information Administration estimated that Americans spend about 4 percent of their pre-tax income on gasoline) the drop in gas prices is naturally expected to have an impact on consumer spending.
Sep 23, 2014 at 14:58 | Source: Moneycontrol.com
In fiscal year 2013-14, Indias leading pharmaceuticals firm, Sun, paid Rs 702 crore of tax on profit before tax of Rs 4,581 crore. This makes the effective rate at which Sun Pharma paid corporate tax work out to 15.3 percent.
Sep 19, 2014 at 18:14 | Source: PTI
The company crossed USD 3 billion in revenues by the end of 2013-14 (from USD 2.6 billion in 2012-13) with nearly USD 500 million profit after tax.
Aug 22, 2014 at 17:44 | Source: PTI
KV Chowdary, Chairman of CBDT said the net income tax collection during the first four months stood at over Rs 1.51 lakh crore after accounting refunds of nearly Rs 54,000 crore
Aug 18, 2014 at 16:12 | Source: PTI
MCXs market share held steady at above 80 percent beginning April 2014 and clocked a high of 83.4 percent by the first fortnight of August 2014, a statement said.