CBDT seeks to widen net for appointment of members, makes younger officers eligible for post
Till a couple of years ago, only officers of the rank of Principal Chief Commissioner of Income Tax (PCCIT) were eligible for being considered for appointment as Member, CBDT. CBDT, on November 11, sought to widen the catchment of officers by making eligible all officers of the rank of Principal Commissioner of Income Tax and above.
Raise Growth, Reduce Poverty: Time now to think of universal supplementary income to fight poverty
Basic income must be turned essentially in...
Transfer of surplus money from RBI in future to depend on income, expert panel suggestions: Nirmala Sitharaman
The surplus distribution polic...
How to invest Rs 40 lakh in mutual funds to get annual income and Rs 1 crore at the end of 15 years?
Our suggestion is that you invest 50% in quality equity funds such as Mirae Asset Largecap, Parag Parikh Long Term Equity and ICICI Pru Nifty Next 50. Keep the rest in liquid or ultra short-term funds and withdraw the money when needed.
Glenmark soars over 21% on CLSA’s upgrade
The stock has fallen over 42 per cent in the last one year.
Tax optimiser: Salaried Kumar can save over Rs 68,000 in tax via NPS, perks
Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hence in this way, you can optimise your tax by rejigging your income and investments.
Isprava plans to enter rental accommodation
Through Lohono Stays, Isprava will establish contractual deals with independent owners and developers of high-end or ultra-luxury homes in India and Southeast Asia.
Income Tax department raids BMC contractors
IT said they had conducted search action in Mumbai and Surat on November 6 on entry providers and beneficiaries who have been engaged in execution of civil contracts mainly BMC.
Stock pick of the week: Why analysts are bullish on M&M Finance
With its focus on financing of used vehicle sales along with the improvement in its asset quality, M&M Fin improved its market share during these difficult times. The company is also trading at reasonable valuations, unlike other NBFCs.
Which stocks fell the most due to corporate scandals in past one year?
Shares of many companies took a beating in the past year due to numerous scandals that rocked corporate India. We take a look at the bad news and how it impacted share prices of these companies. We also tell you how to protect yourself from such risks.
Signature Global to invest Rs 400 cr in 2 affordable housing projects in Gurugram
Signature Global is mainly into development of affordable housing and has launched 12 such projects, comprising over 11,000 units, so far, under the Haryana Affordable Housing Policy. Two projects having 1,800 units have been handed over to buyers. The company has started two new projects 'Aspire' and ' Prime', which have in total about 1,450 units.
How can I avail tax break on interest income earned on RD, monthly income schemes and NSC?
Under Section 80TTA, you can claim a deduction of up to Rs 10,000 on savings bank/post office deposits. Interest earned on post office RD and NSC is eligible for exemption under Section 80C within the overall limit of Rs 1.5 lakh in the years.
Jamie Dimon laments income inequality, won’t assail CEO pay
“I think the wealthy have been getting wealthier too much, in many ways,” Dimon said.
ITAT dismisses Rahul Gandhi's application to make Young India charitable trust
The Income Tax Appellate Tribunal has dismissed Congress leader Rahul Gandhi's plea to make Young India a charitable trust. Rejecting the ap...
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