The indirect transfer reporting obligations are also cumbersome and complicated.
The Organisation for Economic Co-operation and Development (OECD) and G20 countries have been mulling over taking joint action to address the weaknesses within the international tax system that create opportunities for BEPS.
It is required that the deduction under section 80C be simplified and the limits be revised significantly.
As term insurance is the most cost effective way to cover 10–15 times of one’s annual income, a separate section for term insurance beyond the Section 80C limit would incentivise people to buy term insurance policies and get adequate life cover in the process.
Continued improvement in revenue & volumes and benefits from parent company’s restructuring make Rallis India a quality stock to accumulate gradually.
The Infrastructure status for logistics provides the benefit of easy fund raising
The Management believes that the future growth for the segment would come from a mix of Government and Private Tenders apart from the M&A route
Before we understand how to file a claim post a fire incident, it is essential to understand the policy document and read its fine print.
While the purpose and benefits of purchasing a ULIP are known to most people, the choice of investing in the right kind of ULIP is still a matter of concern as most people are unaware of the factors they must take into consideration while buying the plan.
APA has become a preferred method of dispute resolution for taxpayers, providing relief to those entangled in protracted litigation.
As investors, we should be guided by prudent allocation between the two asset classes.
Like always, tax payers this year as well expect sops from the budget on various aspects.
The Assam block is now contributing significantly towards revenues and profitability and the company plans to improve volumes rapidly.
The sharp rally on Indian bourses since the start of the year has prompted experts to call for a correction which they say is long overdue. However, India is nowhere close to top performing markets
GNFC reported excellent traction in its earnings (PAT: 241% YoY) aided by 40 percent topline growth, EBITDA margin expansion (+906 bps) and lower interest expense. This was mainly led by Chemicals division
Reclassification of marketing expenditure and discounts as capital expenditure will be a body blow for e-commerce companies
Nerolac posted ~20 percent volume growth in Q2 and ~15 percent in Q3 FY18 in the decorative segment, while Asian Paints has been struggling with 6-8 percent growth in the segment for last two quarters.
ELSS funds can be likened to multi-cap funds. Similar to multi-cap funds, they invest in companies of all market capitalizations
Several robust tax measures and following tax arrangements are expected from this Budget.
There may be an increase in the ceiling of deduction under Section 80C from the existing Rs 1,50,000 to Rs 2,00,000.
As in the case of any new law, the IBC too has certain loopholes and implementation-related issues, which came to the fore as the process progressed.
The common man’s expectations are high as this could be the last regular Budget of the NDA government which has been looking to rationalize the current tax system.
The terms of LTA are defined in section 10(5), Rule 2B of the Income Tax Act 1961.
Investors got to stay invested in these stocks despite despite the optically expensive valuation.
It is difficult to see how Viral Acharya’s clarion call to develop debt markets can be taken forward if PSU banks continue to dominate the banking system.