Rsm Astute Consulting Group

Among other expectations, finance minister may choose to increase the income tax exemption limit by Rs 50000.

‘Budget proposes to restore the rate of royalty or FTS‘

In order to instill the foreign investor confidence and to promote new technologies in India, this budget has proposed to restore the rate of royalty or FTS at the rate of 10% which is a welcome move.

Union Budget 2015: Expect increase in wealth tax limit: RSM Astute Consulting

Union budget 2015 should bring increased tax exemption limit, increase deduction under section 80D and 80C. Finance Minister should also offer extension of section 80EE and 80TTA.

Know more about saving capital gains tax

In an interview to CNBC-TV18, tax expert, Suresh Surana, RSM Astute Consulting Group spoke about saving capital gains tax.

Claiming HRA allowance exemption? Here's help

As per the recent instruction of tax authorities, if the rent payment exceeds Rs 1 lakh and the employee is claiming house rent allowance exemption then he has to furnish the permanent account number of the landlord.

Here are tax implications of buying house property

Purchase of residential property is one of the most important and long-term decision and there are several tax aspects, personal finance expert, Suresh Surana, RSM Astute Consulting Group said.

Investing in India - a guide to tax laws in India

The Indian economy has been one of the world’s fastest growing economies in recent years, witnessing annual growth of above eight percent for the previous 12 quarters with a Gross Domestic Product of over UDS1 trillion.

Changing landscape for non residents after DTC Bill

The residential status of an individual is critical for determination of income liable to tax in India. Generally speaking, a resident is liable to tax on worldwide income whereas a non resident is not liable to tax on income which accrues and is received outside India.

Must know tax saving options for retail investors

It is that part of the year wherein the rush for investment in tax savings schemes is at its peak. With only a few days to close the financial year 31 March 2011, the retail investor class is keen to offload their earnings into savings instruments which would be investment oriented as well as assist them in saving taxes to a certain extent.