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About 10 results for "rsm astute consulting group"

Income Tax| Your Queries: Loss arising in F&O is treated as b...

I wish to make a cash gift to my daughter who is a minor. Is there any tax implication? — H S Iyer A gift received from close relatives (in this case, gift received from one's father) is not taxable in the hands of the recipient even if the ... Financial Express, 1 week ago
Rediff.com

If you are posted abroad, tax filing is complex

Software developer Mandar Gokhle went to the US in October last year for a project. His company transferred him to its subsidiary there and he was therefore paid a salary there. With incomes in two countries, he is not sure how his overall taxation ...
 Smart Investor1 week ago

Rupee depreciates 7 paise to 66.63 against US dollar

NEW DELHI: The rupee fell 7 paise to 66.63 against the US dollar in early trade on Thursday despite a strong show by most Asian currencies after the US dollar index June future on ICE overnight recorded its first decline in seven sessions. The ...
 Economic Times1 week ago

Your Queries: Loan against security of house won't be regarded as transfer of capital asset

I had purchased a residential house property in FY10 and sold it in FY16. Now, I am purchasing a new plot. Can I claim exemption by investing the amount of capital gain in purchasing the plot? — Suman Kumar In order to claim exemption under ...
 Financial Express1 month ago
Rediff.com

Investors get tax relief on investment gains

Once the income has been classified as either business income or capital gains, be consistent. In a move that is likely to reduce litigations between investors and the income-tax department, the Central Board of Direct Taxes recently allowed investors to decide whether income from sale of securities is to be treated as business income or capital gains. Earlier, the assessing officer (AO) was used to make this decision. So, if there were a large number of trades or profit-booking, the AO ...
 Rediff.com2 months ago
Economic Times

How FM's tax hits your EPF | NPS may save addl tax of up to 3% | Tax sops may stay

From next month, A. Balasubrahmanian, the CEO of Birla Sunlife Mutual Fund, will start putting more into equity and debt mutual funds. "The Voluntary Provident Fund is going to be taxed so I will stop putting money there and shift to mutual funds," he says.
 Economic Times2 months ago

Budget to help IT maintain edge

India is the world's largest sourcing destination for the IT industry. IT sector accounts for around 18% of the total Indian exports. There are few expectations of the IT & ITes Industry from the upcoming Budget, which will enable it to maintain its ...
 Deccan Herald2 months ago
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