RSM Astute Consulting Pvt. Ltd., amongst India's top 6 Accounting and Consulting Groups, has qualified the four steps rigorous process of getting itself as a CERT-In empanelled company thereby joining the elite club of just 50 companies / firms in ... Web Newswire, 1 week ago
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Filing an income tax return will now be easier than before for most taxpayers. If you have been filling the lengthy and complicated ITR-2 form in the past because you had exempt income of more than Rs 5,000, this year onwards you will be using the ...Business Standard India, 1 day ago Income tax: You are liable to a fine of R5,000 for late filing of I-T return Financial Express, 1 week ago How to make filing income tax returns easier Rediff.com, 2 months ago Keep income-tax forms simple Smart Investor, 2 months ago
John Lothian: Mary Schapiro to Join London Stock Exchange Board; Deutsche Börse launches Venture Network to fund young growth companies; You Can't Keep the Panic Out of Stocks Forever, VIX Traders Say
First Read Pounds for Kids and £aughs For Kim The sold out Futures For Kids annual IDX Gala Dinner raised over £120,000 on Wednesday evening, with this year's man in a skirt Simon Puleston Jones topping £5,000. The event also featured an ...John Lothian Newsletter, 2 weeks ago
Check the status and immediately act on it With the introduction and streamlining of electronic clearing services (ECS) by the income tax department, taxpayers have started receiving their refunds within the stipulated 90 days. “Many individual taxpayers who opted for refund directly to their bank accounts last year, got money even within a month of filing. Cheques still take time,” says Rajeev Jain, an independent chartered accountant. He says this also includes amounts, as low as ...Rediff.com, 3 weeks ago Haven't received your I-T refund? Smart Investor, 3 weeks ago
I am a small retailer dealing in foodgrain items. I started this business last year and my turnover was around R20 lakh. This year, I expect a turnover of R80 lakh. When should I get my book of accounts audited by a chartered accountant. Amandeep ...Financial Express, 1 month ago
I have been purchasing shares at stock exchanges for the last two years. Now I plan to sell these and purchase jewellery for my daughter's wedding. What would be the tax implications of selling these shares? Are any exemptions available? —Vipul ...Financial Express, 1 month ago
Else, you’ll need to pay from own pocket with interest and penalty, notes Tinesh Bhasin On receiving a notice from the Income Tax Department, a client of Rajiv Jain, a chartered accountant, called him up and read out its contents. The letter asked the client, a chemical trader, to explain why the withholding tax on a property purchased in January 2014 had not been paid. Unaware of the tax former finance minister P Chidambaram had introduced in the Budget of 2013, the client had bought a ...Rediff.com, 1 month ago
After the new income-tax returns (ITR) forms came under criticism from both tax experts and industry players for seeking too many unnecessary details, the finance ministry is contemplating a separate ITR for expatriates. In a meeting held last ...Smart Investor, 1 month ago
I work as a technical director in a private company. On the successful completion of a project, my employer gave me a gift voucher of R50,000. Will it be taxed in my hand? —Piyush Kumar The value of any gift or voucher received by an employee, ...Financial Express, 2 months ago
Declare shares of foreign companies, money in foreign banks, paintings or jewellery purchased abroad as foreign assets and not under Income Tax, to avoid prosecution under the proposed 'black money' law Image: Since company's equity compensation shares are listed abroad, they are foreign assets in the hands of the employees, who have to mandatorily file tax returns and declare these shares as foreign assets. Photograph: Reuters. Recently, a multinational information technology company ...Rediff.com, 2 months ago
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