Want to diversify sans frontières? look at international funds on offer
There are 37 mutual fund schemes available that invest in international markets.
Realtors told to reverse transition credit
The indirect tax department wants real estate developers, who were setting off taxes paid under ea...
Stocks to watch: In times of tax gain, these 72 firms grew Q2 PAT on top line expansion
This was one of the better earnings seasons anytime i...
South Delhi Municipal Corporation budget: Property tax hike on cards
People living in colonies in C, D and E categories may end up paying more property tax if the budget proposed by SDMC commissioner is implemented. To cover up deficit and increase revenue, it has been proposed to increase the tax from 11% to 12%.
What are the benefits of investing in mutual funds?
It is very difficult for many individuals to manage their own money. It is tough to study and analyse companies and transact to buy /sell different securities on one’s own.
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
While the ministry holds pre-budget consultations with representatives of different sectors and stakeholders, the Department of Revenue in the finance ministry perhaps for the first time put out circular seeking suggestions for changes in income tax rates for both individuals and corporates as well as in indirect taxes such as excise and customs duty.
Income Tax task force report suggests complete rejig of tax slabs, saving govt Rs 55,000 crore
The current Income Tax rates are 5 per cent plus 4 per cent cess for people earning between Rs 2.5 lakh and Rs 5 lakh, 20 per cent plus 4 per cent cess for incomes of more than Rs 5 lakh up to Rs 10 lakh, and 30 per cent plus 4 per cent cess for those earning over Rs 10 lakh.
BPCL privatisation: Pradhan says no role of govt in business; competition to benefit consumers
"The role of the government should be to create policy framework guarantees "affordability, accessibility, sustainability and security" of fuel to consumers. When Prime Minister (Narendra Modi) says the government has no business to be in business, it is not a slogan. It is a philosophy," Petroleum Minister Dharmendra Pradhan said.
Tax cut shores up India Inc’s profit, but revenues slip
First turnover fall in nine quarters due to low demand, inventory pile-up & base effect.
Vodafone Idea presses for Rs 7,000 cr tax refund; I-T dept hesitant in view of fresh liability
The I-T dept is caught in a bind as Voda Idea has to pay Rs 44,150 crore to govt in past statutory dues.
Proposed Direct Tax Code: How it could cut your income tax
When the corporate tax rate was reduced to 25 per cent last month, it was termed as an early Diwali for the corporate sector. Now, taxpayers...
How are Mutual Funds taxed?
Investors, who have a mutual fund portfolio, must have a good understanding of how their returns are taxed. The illustration above gives a quick summary of a...
OECD proposal on taxing MNEs to benefit countries like India: Experts
The proposal is aimed at re-allocating some profits and corresponding taxing rights to countries and jurisdictions where MNEs have their markets.
Urban unemployment rate fell in January-March 2019, official data reveals
The numbers are likely to provide relief to a govt reeling under sharp criticism over lack of jobs.
5 important points to remember while reading policy benefit illustration
The rates of return mentioned in the benefit illustration are not the upper or lower limits of what you may get in reality. You may get even higher gross yield of more than 8 percent per annum or lower than 4 percent per annum on your investment.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service