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Total 2735 results found. Search for [ income tax act ]

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Tapati Ghose
April 30, 2012
The new tax slabs may ease your tax burden by Rs 1,030-22,660 depending on the income and the tax slab. Unfortunately, taxpayers with higher incomes will be the main beneficiary.
April 10, 2012
Noel Maye, CEO, Financial Planning Standards Board, USA, talks to Tanvi Varma about the intricacies of financial planning in India and current standards of the advisory industry.

New Delhi, March 21, 2012
Within hours of the Supreme Court dismissing the review petition in the Vodafone's tax case, government refunds about Rs 2,500 crore plus four per cent interest to the firm.

Sanjiv Shankaran
March 20, 2012
Fiscal deficit feeds into inflation, pushes up interest rates and pulls down growth. In 2011/12, India's fiscal deficit was 5.9 per cent of GDP, 1.3 percentage points more than what was forecast in Budget 2011. This comes on the heels of a fiscal deficit of over six per cent of GDP in two of the last three years.

New Delhi, March 20, 2012
Within hours of Supreme Court of India dismissing the review petition in the Vodafone's tax case, Law Minister Salman Khurshid said the government will have to refund money (about Rs 2,500 crore and interest) to the firm.

E Kumar Sharma
March 16, 2012
Those in the industry looking for positives in the Budget there seems hope in fiscal consolidation appearing as a key concern for the finance minister.

BT Online Bureau
New Delhi, March 16, 2012
In a significant move that will have implications in the Vodafone and other cases involving tax liability of about Rs 40,000 crore, the government on Friday proposed to amend the IT Act with effect from 1962 to bring under net all overseas transactions involving domestic assets.

Goutam Das
March 15, 2012
Aparup Sengupta, MD and global CEO of Aegis, explains the nuances of hiring more people outside India and what the government's role should be in promoting the industry.

Nandagopal Rajan
March 12, 2012
All of us have big footprint on the Net. But what happens to online accounts and content when its creator dies?

New Delhi, March 12, 2012
Opposition is likely to raise the issue of bringing back black money stashed abroad in the Budget Session.

K.R. Balasubramanyam
March 12, 2012
Taxpayers would benefit immensely if the finance minister linksthe tax liability to the rate of inflation, and reverts to the peakrate of 25 per cent for corporate and personal incomes as proposed in the firstdraft of Direct Tax Code.

New Delhi, March 9, 2012
The Standing Committee on Finance has also suggested that the wealth tax limit be pegged at Rs 5 crore, while the securities transaction tax be abolished.

New Delhi, March 3, 2012
A Parliamentary panel scrutinising the Direct Taxes Code Bill has suggested raising the income tax exemption limit to Rs 3 lakh and also hiking deduction on savings to Rs 2.5 lakh.

Suveen K. Sinha
March 21, 2012
All the major indicators for Bihar are up, but the state is still at the bottom of key development indices.

Anusha Subramanian
February 28, 2012
Mendha Lekha, the first village to be granted community forest rights, has used the opportunity to the fullest.

New Delhi, February 24, 2012
Ahead of the Budget, a key Parliamentary panel in India scrutinising the Direct Taxes Code (DTC) is likely to recommend raising of income tax exemption limit to Rs 3 lakh and tax breaks on investments to Rs 2.5 lakh.
April 9, 2012
Money Today readers write in with their financial queries to have the magazine's experts help them out with sound advice.

Anusha Subramanian
February 22, 2012
While the media and entertainment sector has tremendous growth potential, prudent fiscal legislation would help it perform at its potential.

Rajiv Bhuva
February 22, 2012
With general elections still two years away, and reforms being the dire need of the hour, Dalal Street expects policymakers to take tough decisions on managing expenditure and levying stiffer taxes.

SPS Pannu and Sanjay Singh
New Delhi, February 22, 2012
The income tax department also softens its stand and defreezes the airline's bank accounts as part of the bailout package for the loss-making carrier.

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