Oct 06, 2015 at 15:13 | Source: Reuters
Adani, which estimates its project will generate more than AUSD 22 billion (USD 15.6 billion) in taxes and royalties, has yet to line up funding but is sticking to a late 2017 start date.
Oct 06, 2015 at 14:00 | Source: PTI
Rigours of section 79 of the IT Act should be restricted only in cases where the change in shareholding is effected with a view to avoid or reduce tax liability by way of a restructuring exercise, Assocham pointed out.
Oct 06, 2015 at 13:17 | Source: Reuters
The GST, currently blocked in parliament, was one of a range of business-friendly measures highlighted by Modi in a speech in tech hub Bengaluru, in southern India, during a visit by German Chancellor Angela Merkel.
Oct 06, 2015 at 13:06 | Source: PTI
"This was more or less a political positioning rather than a serious ideological opposition because the Manmohan Singh government had initiated the idea of the GST," Jaitley said. He added that the legislative ability of the Congress Party is only to oppose a constitutional amendment.
Oct 06, 2015 at 12:13 | Source: PTI
Delegates will discuss the need for developing countries to be more active in global negotiations to prevent international tax avoidance and illegal tax evasion. The meeting will take place ahead of the International Monetary Fund and World Bank annual meetings.
Oct 06, 2015 at 08:26 | Source: PTI
"The first is you rationalise your rates and have rational rate of taxation which helps you in making sure the people comply," Jaitley said in a lecture at Columbia University.
Oct 05, 2015 at 21:57 | Source: CNBC-TV18
This BEPS report will have a far-reaching impact on tax policies of countries and hence taxation of corporations.
Oct 05, 2015 at 19:22 | Source: PTI
The final set of measures, which has been announced after extensive discussions over the years, also comes at a time when countries, including India, are looking for ways to curb tax evasion and illegal fund flows.
Oct 05, 2015 at 17:19 | Source:
Once there is an asset that is present then several expenses related to the running of the asset would have to be allowed as a deduction. So for example in case of a car the running and maintenance cost of the car that is allocated for the purpose of business or profession would be allowed as a deduction.
Oct 05, 2015 at 14:24 | Source: PTI
"Our macro-fundamentals remain strong. We are now better placed to handle unforeseen external shocks and to put India firmly on the path of economic recovery and inclusive prosperity," Finance Secretary Ratan Watal said at a press conference along with other secretaries and the Chief Economic Advisor.
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

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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


New Member

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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


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


New Member

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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


Platinum Member


Taneja Aerospac  

tax exemptions mooted for MRO`s in budget

3.20 PM Jul 8th 2014


New Member

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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


Platinum Member


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



2.23 PM Jul 8th 2014


budget dicreas tax rate

2.22 PM Jul 8th 2014

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