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About 1395 results for "income tax"

Lok Sabha to discuss Finance Bill 2015 today
India Infoline

Lok Sabha to discuss Finance Bill 2015 today

The Finance Bill has key taxation provisions such as more relief under Income Tax Act and hiking the service tax rate. India Infoline, 5 days ago
Tax issue mars LPG subsidy Asian Age, 14 hours ago

Business subsidies may attract tax

Subsidies, tax concessions and incentives that add to business income such as the one given for setting up plants in certain states may be taxed now, following a provision in the Finance Bill passed by the Lok Sabha recently. This could trigger yet ...
 Business Standard India14 hours ago India's 'tax woes' continue; another controversy surfaces  Rediff.com7 hours ago

Middle-Income Retirees hardest Hit by Tax Issue

It has been unveiled that many middle-income retired people have to pay taxes at 28.25 percent rate on money withdrawn from their retirement plans. Experts affirmed that the percent is higher than the 15% top rate these people had paid when they ...
 Topnews.in4 hours ago
Money Control

Aberdeen launches legal challenge to tax demand

Uncertainty around the so-called minimum alternative tax on foreign asset managers' past income has unsettled investors, contributing to sharp falls in India's stock market.
 Money Control5 hours ago Aberdeen moves Bombay HC on retrospective tax demand  Financial Express15 hours ago Aberdeen drags Centre to court on demand for MAT  Asian Age14 hours ago Aberdeen Asset Management launches legal challenge to tax demand  Economic Times15 hours ago

UPDATE 2-Argentina says to cut income tax for many as wage talks rage

(Adds background on tax cut) BUENOS AIRES, May 4 (Reuters) - Argentina will reduce income taxes for workers at the low end of the taxable-income scale, Economy Minister Axel Kicillof said on Monday, announcing a costly move that could ...
 CNBC13 hours ago Argentina will cut income tax for many, minister announces - @Reuters  NewsR.in13 hours ago

CBDT forms data security panel before FATCA deal with US

The seven-member panel will be headed by the Member (Income Tax) of CBDT who is of the rank of a special secretary in FinMin Press Trust Of India May 5, 2015 Last Updated at 00:21 IST Central Board of Direct Taxes (CBDT) has constituted a high- level ...
 Business Standard14 hours ago

Three AP cops arrested for robbing man of Rs 27 lakh

Three police constables from Andhra Pradesh, who posed as senior staffers of the Income Tax department and robbed a man of Rs 27.5 lakh in Bengaluru, were arrested by the City Central Division Police in Kurnool district, Andhra Pradesh. The suspects were ...
 Deccan Herald14 hours ago

Tax Talk: Will ICDS really bring down the number of tax disputes?

The government has notified 10 income computation and disclosure standards (ICDS) effective April 1, 2015, to achieve greater consistency and synchronised application of accounting principles and mitigate tax disputes. Let's find answers to some ...
 Financial Express15 hours ago

Income Tax dept collects Rs 6.96 lakh cr revenue in 2014-15

The government had revised the direct tax collection target to Rs 7,05,000 crore for the fiscal 2014-15 against the initial projection of Rs 7,36,000 crore in view of the sluggish economic growth.
 Money Control1 day ago Direct tax collection falls short by 14% in 2014-15  Hindu Business Line1 day ago Direct Tax Collection in 2014-15 14% Short of Target  Outlook India1 day ago PTI - LD TAX - Direct tax collection in 2014-15, 14 per cent short of target  Namibia Press Agency1 day ago
India Infoline

New income tax return form has lens only on multiple foreign visits

Sources indicated that only those who go beyond six or seven personal visits in a fiscal year will need to file expenditure details in the returns form. Those going on business or official trips won't have to reveal spending details. The controversial 14-page ...
 Economic Times1 day ago Tax lens only on multiple foreign visits  Times of India1 day ago  CAclubindia15 hours ago New Tax Return Form May Come Down to 2-3 Pages: Sources  NDTV Profit1 day ago
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