Indian law to protect foreign investors to exclude tax demands: Documents
The draft text of the new law dated Nov. 15 does not cover demands related to enforcement of tax obligations.
Can these deductions make you tax free?
Different sections under the Income-Tax Act correspond to different savings or expenses, some of whic...
Which is the best tax saving option under Section 80C?
There is no universal best tax-saving option. The best tax-saving investment for you would depend on your investment objective, risk profile...
Want to know how much you need to invest to save tax? Use this calculator to find out
Depending on the kind savings or expenditures you incur, under sections 80C and 80CCD1b of the Income-Tax Act, you are eligible for certain tax deductions. This calculator will help determine how much your investments can help you save tax.
India may miss tax collection target for 2019-20 by nearly Rs 2.5 lakh cr: Subhash Chandra Garg
Subhash Chandra Garg said corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20- something of the order of 8 per cent in corporate taxes, about 5 per cent negative growth in excise duties (Rs 2.2 lakh crore against Rs 2.31 lakh crore) and about 10 per cent lower collection in customs duty (Rs 1.06 lakh crore against Rs 1.18 lakh crore).
'Budget should bring tax relief; GST reforms, more infra funds essential for growth'
Swanubhuti Jain, COO of JIIF, shared her Budget wishlist for this year.
Best ELSS mutual funds to achieve long-term goals
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
I am an American and I lived in India for more than 182 days. Can I avail section 80C benefit?
Eligible instruments for the purpose of Section 80C are tax-saving fixed deposits, Senior Citizens’ Saving Scheme, NSC, etc. You can also claim a deduction of up to Rs 50,000 towards medical expenses under Section 80D.
Government considering specific excise duty on ATF
Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an increase in price of the fuel because of global rate hike translates into an even higher price for airlines as the tax incidence also rises.
Announce convergence of all corporate tax rates to 15 pc in Budget: CII
The government last year reduced corporate tax rates to 22 per cent, plus surcharge and cess. However, companies will not be allowed to avail any tax exemptions or incentives.
Welspun Corp a good buy on likely special dividend
The brokerage has set a price target of Rs 222, valuing the stock at 5 times EV/EBITDA based on FY21 earnings.
Income Tax sleuths raid premises of Lalit hotels promoter Jyotsna Suri, associates
About 8 premises linked to Bharat Hotels CMD Jyotsna Suri and some of her associates as well as Jayant Nanda, promoter of Cargo Motors, one of the largest dealers of Tata motors in the country, are being searched in and around the national capital. The searches, officials said, were launched late on Sunday and are related to a tax evasion probe being conducted by the department.
US Polls not a big issue, policy and taxes are: Rajesh Gopinathan, CEO, Tata Consultancy Services
Obviously, people react to what it is but anticipating something that is going to happen in an election and being sensitive to that is not the typical US culture, says Gopinath.
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.
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