Existing TDS provisions on rent paid Tax deduction at source (TDS), is a process in which the payer of the income, pays you the income after deducting tax at the prescribed rates. The existing R
Budget 2017 provisions will be applicable from April 1. It is time to realign your money matters accordingly.
As per the income tax laws, any profit on sale or transfer of your house or land becomes taxable, in the year in which you transfer the same. As per the Transfer of Property R
The Union Budget 2017-18 has proposed some provisions, which will boost the affordable housing sector but at the same time, will discourage tax payers from treating real estate as an investment class. One such R
The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company, on stock exchanges. The regulator is seeking the inputs of the Reserve Bank of India in framing the regulations.
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head ‘capital gains‘. For computing capital gains, the immovable R
Developers The union budget provided a significant boost for affordable housing, by granting it an industry status and all the listed real estate stocks reacted positively. However, whether these incentives will entice the developers R
An additional five years to carry forward MAT credit will not bring much relief, instead start- ups hope for incentive to improve their balance sheets.
Last month, the CBDT had issued a circular clarifying that overseas transfer tax would clearly be applicable to FPIs.
There are many with income above basic exemption limit who do not file returns even though it is mandatory. However, stiff penalties proposed to levied in Budget 2017 for late filing would ensure that taxpayers file their returns in time.
Changes ensure that income tax reporting happens earlier than what it used to be.
To advance the ease of doing business in India, it was announced that there will be further liberalisation to the Foreign Direct Investment policy and abolishment of the FIPB.
Government today dismissed the suggestion for State funding of elections, saying it is not practical in the Indian context, even as it expressed openness to modify the Budget proposal for capping cash donations at Rs 2000 per source and issuing electoral bonds.
Opposition in Rajya Sabha today tore into the government for presenting a "disappointing" budget, with Congress leader P Chidambaram terming note ban as the "most terrible" decision and alleging that graft and black money have continued to thrive and large sections adversely affected.
The Reserve Bank of India (RBI) on Wednesday, February 8, 2017, surprised the market by keeping the repo rate unchanged at 6.25% in its monetary policy review. This has disappointed the market in general R
The Union Budget presented by Finance Minister Arun Jaitley recently may have proposed that the Income-Tax Department can carry out raids without disclosing ‘reason to believe‘ but the Chairman of the Central Board of Direct Taxes (CBDT) says the common man has nothing to worry.
In an interview to CNBC-TV18, Sanjay Tolia, Partner Tax at PwC, Samir Kanabar, Partner at EY, Feroze Azeez, Deputy CEO, Anand Rathi Private Wealth and Nitin Jain, CEO, Global Asset Management at Edelweiss shared their views on what does this Budget 2017 mean for your personal wealth, your taxes and your life as a common citizen of India.
Of course, Budget 2017 has happened, but how is it really going to impact the transactions and the mergers and acquisitions on the street? Who stands to gain and who stands to lose? To answer that, we have two experts joining us: Girish Vanvari of KPMG and Satish Kishanchandani.
Granting industry status to affordable housing will help developers in accessing funds.
Finance Minister has opted to offer a small concession on income tax front. However, he has also capped the benefit on income from house property.
The chairman of the country‘s largest oil marketing firm believes that the government's Budget proposal to merge all state-owned energy firms into a consolidated giant will help them enhance their position in the international market.
It is no secret that the sector has been going through challenging times for the past couple of years. It was in dire need of proactive policy changes to take it out of the red zone.
The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI might go in for a rate cut at the Wednesday's policy meet.
The steel ministry has appointed the transaction advisor for strategic sale of FSNL, along with three units of Steel Authority of India Ltd (SAIL) and NMDC Ltd‘s Nagarnar steel plant
Seven new lines, covering 3,123 kilometres and several other projects, have been sanctioned by the government for Maharashtra, in the Union Budget 2017-18 presented by finance minister Arun Jaitley. This year, the Railway Budget R