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Tax

Apr 18, 2015 at 16:43 | Source: CNBC-TV18
The new income tax norms announced by the government will need individuals to submit details of their foreign assets, income from sources outside the country and any foreign trips undertaken, including the expenses borne as well.
Apr 18, 2015 at 13:10 | Source: Moneycontrol.com
Equity Mutual Funds declined as the market continued its downtrend for the third consecutive session on Friday due to profit booking and weak global cues.
Apr 18, 2015 at 12:47 | Source: IBNLive.com
The problem of offshore tax evasion and flow of illicit money can be addressed only by the free flow of financial account information exchanged among countries on an automatic basis.
Apr 18, 2015 at 10:57 | Source: PTI
In a fresh crackdown on suspected tax evasion and laundering of black money through stock markets, regulator SEBI on Friday barred Mishka Finance and Trading Ltd and 128 other entities from the securities market.
Apr 18, 2015 at 10:36 | Source: PTI
As foreign investors lobby hard against Rs 40,000 crore tax demand slapped on them, Finance Minister Arun Jaitley said it is difficult for the government to intervene as they have lost the case before the Appellate.
Apr 17, 2015 at 20:58 | Source: CNBC-TV18
The government could provide some relief to foreign institutional investors (FIIs) over tax demands. The centre is seeking nearly Rs 40,000 crore from FIIs by levying minimum alternate tax (MAT) on capital gains they made over the years till March 31.
Apr 17, 2015 at 19:13 | Source: CNBC-TV18
Nokia has received a memorandum of understanding from a bidder interested in its locked-out Chennai plant -- which has become a casualty of a Rs 3,500-crore tax claim -- the company told Delhi High Court today.
Apr 17, 2015 at 18:45 | Source: CNBC-TV18
Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16
Apr 17, 2015 at 17:13 | Source: Moneycontrol.com
It is incorrect to believe that money received on sale of an inherited house is fully tax exempt. Though asset received as inheritance is fully exempt from gift tax, amount on sale of such asset is not exempt from tax. It will be taxable under the head capital gains.
Apr 17, 2015 at 13:37 | Source: Moneycontrol.com
IG Petrochemicals has informed that the Case for valuation of Domestic Tariff Area (DTA) sales pending before the Supreme Court has been decided in the Company's favour. This absolves the Company of the contingent liabilities related to Excise and Customs duties to the extent of Rs 128.75 crore.
Messages on Tax »

Lalit Bhasin

New Member

0 Follower

Kingfisher Air  

Anyways reasons 1. Banks debt reduced. 2. Aviation on priority 3. Atf tax will come down. 4. Govt has changed 5. Ajit singh was anti KFA 6. VM still has got USL deal money ..etc etc

5.10 PM Jul 8th 2014

Web Messenger

Platinum Member

281198 Followers

Budget  

Source:Calcutta Telegraph News - New Delhi, July 6: Oil and gas exploration could get a boost in the budget with finance minister Arun Jaitley likely to address the concerns of the sector regarding service tax. Oil ministry officials said they were hopeful that the exploration and production (E P

4.49 PM Jul 8th 2014

manojbabusa

New Member

0 Follower

Just Posted  

name , she is house wife , can i show entire difference to her books to minimize tax liability 2. We spent 3.87 L as stamp duty , 22 k to Layer and 65 K to brocker could any of this be added as Gross cost of property 3. we spent around 4L on flat renovation , could that help to save taxes. I

4.43 PM Jul 8th 2014

MMB Messenger

Platinum Member

286652 Followers

Tax Planning & Help  

FM talks about fiscal prudence once again. Will non-tax revenue mobilisation be the big theme of ModiBudget?

4.18 PM Jul 8th 2014

udaysehgal

New Member

0 Follower

Tax Planning & Help  

STCG: I bought 200 shares @ 99.75 = 19,950 brokerage, taxes = 146 total cost = 20096 Sold within a year 200 @ 125 = 25,000 - brokerage, taxes = 183 net sell price received = 24817 Profit: 24817-20096=4721 This was my only trade in the FY. How do I show it in ITR?

4.02 PM Jul 8th 2014

AAA CA

Platinum Member

36 Followers

Taneja Aerospac  

tax exemptions mooted for MRO`s in budget

3.20 PM Jul 8th 2014

shrikantds

New Member

0 Follower

Budget  

raising exemption means less tax collection.From where govt will generate Money? They do not hage "JADU KI KANDI" at the same time GOVT must try to curb corruption.

2.36 PM Jul 8th 2014

crower

Platinum Member

803 Followers

Radico Khaitan  

no body will stop drinking alcohol due to tax increament , radico is a must buy , dont worry , it has a target of 300 plus if some foreign company buy the stake , news are there.

2.30 PM Jul 8th 2014

GOLD  

TAX

2.23 PM Jul 8th 2014

Gold  

budget dicreas tax rate

2.22 PM Jul 8th 2014

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Apr 19, 2015 at 13:15 | Source: FirstPost
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