It’s time to revisit income tax rates: Bibek Debroy, Chairman PMEAC
This year we are around 5% and next year 6-6.5%, the PMEAC chairman said about the country's GDP growth.
Mutual funds add 2.6 lakh investors account in Nov, total tally reaches to 8.65 crore
Industry experts said the addition of folios indicates ...
Middle-income investors realising there is money to be made via MFs: Sanjay Sachdev
Sanjay Sachdev, Chairman of Zyfin Holdings, says the laun...
Taxmen catch Bengaluru dealers not issuing GST invoices, slap penalty
The officials also found suppressed turnover of about 21 crore involving taxes of about Rs 3 crore, Commercial Taxes Commissioner MS Srikar said in a press release. The officials visited business premises in the guise of customers at SP Road, BVK Iyengar Road, Sultan Pet, Raja Market etc., in Bengaluru and conducted test purchases of goods in 113 premises.
UP becoming rape capital, total collapse of law and order in state: Congress
Congress spokesperson Supriya Shrinate said responsibility in the Unnao case lies at the "doorstep" of the UP government where law and order has completely collapsed. "We demand strict action in the matter. The UP government has to wake up to realise that the state is becoming the rape capital of the country," she said.
PAN-Aadhaar linking deadline is December 31. Here is how to link the two
Linking your PAN with Aadhaar is mandatory to file your income tax return. Another thing you to keep in mind is that if your PAN is not linked with Aadhaar by the December 31 deadline, then as per current laws your PAN will become inoperative.
ITR filing: All you need to know about treatment of income from self-occupied property
A house property is ‘self-occupied’ when the owner or family members use it for residential purpose. It could be termed ‘self-occupied’ even where the house was not occupied throughout the year due to owner’s employment at another place.
Missed ITR deadline? File it before December 31 to avoid paying higher penalty
The law of levying late filing fees under section 234F became effective from the financial year 2017-18 or assessment year 2018-19 onward. However, if your income is below the taxable limit, then you do not have to pay a late filing fee.
More reforms needed to boost jobs, incomes: OECD
Restoring growth to the higher levels needed to provide ample jobs and ease inequality will require accelerating the pace of structural reforms to revive investment and exports.
Income tax dept conducts search operations on stock brokers, traders across country
The search or survey action has unravelled the entire modus-operandi which has been adopted by the share-brokers and traders to trade into the illiquid stock options in equity derivative segment and thereby generate artificial losses or profit by executing reversal trades in a very short span of time.
Andhra Bank flips position, to redeem perpetual bonds
At first, the bank had last week decided not to exercise the “call option”, an early exit route for investors.
Gold imports slide for a fifth month as economy slows
Inbound shipments dropped 19 per cent from a year earlier to 56.1 tons.
Systematic Withdrawal Plan - A smart technique for regular income
SWPs allow you to withdraw a fixed amount of money at periodic intervals from a fund a fixed date every month, once every two months, or even quarterly . SW...
Tata Motors total sales down 25% at 41,124 units in November
Total domestic sales were down 25 per cent at 38,057 units as compared to 50,470 units in November last year, it added. Passenger vehicle sales in the domestic market during the month stood at 10,400 units as against 16,982 units in the same month previous year, down 39 per cent.
Mahindra total sales down 9% at 41,235 units in November
The company had sold 45,101 units in the corresponding month last year, M&M said in a regulatory filing. In the domestic market, sales were down 7 per cent at 38,614 units last month as compared to 41,564 units in November 2018.
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