FM urged to equalise tax benefits for govt and non-govt employees in Budget 2020
The Income-tax Act, 1961 differentiates between a government employee and non-government employee. However, this should not be the case. There are numerous tax benefits available only for the government employees only.
Incomes can have surprising outcomes
For resourceful revenue collectors, you’ve got what it tax — even when you haven’t.
For your well-being: Having more walnuts improves gut and heart health
A study, published in the Journal of Nutrition, said walnuts may be a ...
Foreign companies will be taxed for money earned by Indian arms
Questioning has begun. The tax department has already issued notices to subsidiaries of several MNCs.
Kunal Bahl wants FM Sitharaman to give tax benefits to ESOPs, says it will be a game-changer
Snapdeal CEO's two ideas will make startup and angel ecosystem healthy.
Budget 2020 should hike tax breaks for house property income to boost realty: EY
In the context of the global scenario, the cost of housing is much higher in India, hence, a higher tax break on financing costs would bring India's housing sector at par with many developed countries like the US and European nations.
Govt forms society to run centre-funded farmer schemes
“The Farmers’ Welfare Programmes Implementation Society will be free to hire resources for running schemes and the central government will bear all the administrative costs. It has been mandated to develop database of farmers and run all the direct benefit transfer (DBT) schemes,” said a government official.
Aadhaar required to get benefits under scheme for civilian victims of terror, communal violence
Any eligible beneficiary desirous of receiving benefit under the scheme, who does not possess the Aadhaar number or, has not yet enrolled for Aadhaar, shall have to apply for Aadhaar enrolment. The home ministry said the notification comes into effect in all states and union territories except Assam and Meghalaya, where Aadhaar has not covered all residents.
Dividend tax should go, it taxes same income at many sources: Sommaiyaa
I, as well as my firm, have been votary of having good allocation to midcaps, says Sommaiyaa.
What is Dividend Distribution Tax & how will its abolition impact the economy?
A dividend is a sum of money given by a company to its shareholders out of the profits earned. Dividend distribution tax is the tax levied on the dividend paid by a company to its shareholders. The provisions of DDT were introduced by the Finance Act 1997. Only a domestic company is liable and has to pay the tax even if it is not liable to pay any tax on its income.
Budget 2020 should cut income tax slabs, offer tax breaks to boost investment: EY
The Indian economy is growing at around 5 per cent in FY 2019-20, which is the lowest in the past 11 years.
No cut in income-tax slabs in Budget can be a disappointment: Neeraj Dewan
Not expecting too much from the govt, except the income tax cut, says Neeraj Dewan.
Govt revises target for GST collections again
Target has been raised to Rs 1.15 lakh crore over the next two months and Rs 1.25 lakh crore in March.
Nifty looks exhausted; volumes and velocity get muted ahead of Budget
High inflation acts as a deterrent and, therefore, needs to be addressed.
After UP, 'Tanhaji' declared tax-free in Haryana; movie also enters Rs 100 cr-club
The film will also be made tax-free in Maharashtra.
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