Jan 23, 2017 at 18:47 | Source: Moneycontrol.com
The number of people who avail some quality cover under personal insurance is very low and revenue collection of government is no way going to get affected materially by extending some tax benefit as non-life penetration still stands at a low of 0.7% of GDP and personal insurance would be hardly measurable.
Jan 23, 2017 at 18:40 | Source: PTI
It posted a net profit after taxes, minority interest and share of profit of associates of Rs 21.39 crore for the quarter ended December 31, 2016, as against Rs 309.25 crore a year ago, the company said in a BSE filing.
Jan 23, 2017 at 18:30 | Source: PTI
At present, gold attracts Customs duty of 10 percent, excise duty of 1 percent and 1.5 percent value added tax (VAT), taking total taxes on the yellow metal to 13 percent.
Jan 23, 2017 at 18:14 | Source: Moneycontrol.com
Globally, the ETF market has grown by over 50% over the last 3 - 5 years to over USD 3 Trillion of assets under management (AUM) due to multiple features characteristic of an ETF such as cost efficiency, liquidity, diversification.
Jan 23, 2017 at 18:08 | Source: Moneycontrol.com
With the social fabric of the country undergoing changes, it is imperative to encourage the lower/ middle income segments to provide for their own security.
Jan 23, 2017 at 16:17 | Source: Moneycontrol.com
Health insurance providers feel tax incentives to salaried class on purchase of health insurance should be raised. Also, exemption of service tax on health insurance premiums and preventive health check-ups can prompt more people to buy health cover.
Jan 23, 2017 at 15:55 | Source: Moneycontrol.com
In the coming few months, the real estate sector is set to undergo a revolutionary transformation with the onset of Goods and Services Tax (GST) and the Real Estate Regulation Act (RERA), both of which are expected to be significant game changers.
Jan 23, 2017 at 15:15 | Source: Moneycontrol.com
The legacy issue of royalty taxability for use v/s right to use shrink wrapped software has been a matter of litigation for a very long period, especially under the Tax Treaty scenario.
Jan 23, 2017 at 14:32 | Source: PTI
Prime Minister Narendra Modi in his year-end speech had made several announcements in support of the rural economy, including cheaper housing loans for low cost housing, interest rebates for farmers, and credit limit hikes and tax incentives for small business, it said.
Jan 23, 2017 at 14:00 | Source: Housing.com/news
Receipts of tax on sale of land and buildings, conversion to freehold, development charges from private parties, car parking charges, trade licenses, booking of community centers for weddings, tax on advertisement and registration of R