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Taxes

Mar 05, 2015 at 18:30 | Source: PTI
India opened up its economy to the private sector in 1991. The 14th Finance Commission has recommended higher share to the states in central taxes. It suggested to increase shares of states to 42 percent from current 32 percent.
Mar 05, 2015 at 17:51 | Source: Moneycontrol.com
Union budget has proposed to deduct tax at source on interest in excess of Rs 10000 earned on fixed deposits across branches of bank
Mar 05, 2015 at 17:33 | Source: Moneycontrol.com
Under section 80 D for paying medical insurance premium earlier the deduction allowed was Rs. 15000 which has now been increased to Rs. 25000, which means by additional saving of Rs. 10000, the tax saving will be Rs. 3000 who are in 30% tax bracket and Rs. 1000 for those who are in 10% tax bracket.
Mar 05, 2015 at 17:26 | Source: PTI
GST is expected to play a transformative role in the way economy functions and it will add buoyancy to growth by developing a common Indian market and reducing cascading effect on the cost of goods and services.
Mar 05, 2015 at 16:35 | Source: PTI
Elaborating further, he said increase in service tax from the next financial year, the restoration of normal tax rates on automobile sector and increase in excise duty of petrol and diesel from November last year would help the government in garnering more revenue.
Mar 05, 2015 at 15:42 | Source: PTI
During the April-February period of the last fiscal, the government had collected Rs 5.53 lakh crore under this head.
Mar 05, 2015 at 12:00 | Source: SME Mentor
To help our SMEs and exporter community read the fine print of the Budget, we recently conducted a live chat with Mr. Ajay Sahai, Director General & CEO, Federation of Indian Export Organizations (FIEO).
Mar 05, 2015 at 10:45 | Source: Moneycontrol.com
Equity Mutual Funds declined as the benchmark indices nosedived in the last hour of trade on Wednesday after touching record highs earlier in the day spurred by the 25 basis point repo rate cut.
Mar 04, 2015 at 22:00 | Source: CNBC-TV18
Keeping this is mind a new revenue-neutral rate (RNR) is being worked out by the National Institute of Financial Policy.
Mar 04, 2015 at 17:49 | Source: PTI
The government recently introduced a new series of national accounts with 2011-12 as the new base year and also began giving growth rate figures in terms of GVA as per the international practice. The GDP includes GVA plus taxes on products, including import duty and excluding subsides on the products.
Messages on Taxes »

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

273699 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

279130 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

32 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

779 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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