Pay-to-performance may make it tough for banks to lure top talent
The mandate, intended to motivate the top management and make it more responsible, may instead end up reducing the lure of banking sector among domestic and global professionals, some experts warned even while others welcomed the new pay guidelines based on “pay for performance principle”.
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
While the ministry holds pre-budget consultations with repre...
Tax optimiser: NPS, LTA claim can help salaried Gupta cut tax by Rs 4 lakh
Not only should you ask your employer for the NPS benefit, but you...
Income Tax task force report suggests complete rejig of tax slabs, saving govt Rs 55,000 crore
The current Income Tax rates are 5 per cent plus 4 per cent cess for people earning between Rs 2.5 lakh and Rs 5 lakh, 20 per cent plus 4 per cent cess for incomes of more than Rs 5 lakh up to Rs 10 lakh, and 30 per cent plus 4 per cent cess for those earning over Rs 10 lakh.
Tax cut shores up India Inc’s profit, but revenues slip
First turnover fall in nine quarters due to low demand, inventory pile-up & base effect.
Vodafone Idea presses for Rs 7,000 cr tax refund; I-T dept hesitant in view of fresh liability
The I-T dept is caught in a bind as Voda Idea has to pay Rs 44,150 crore to govt in past statutory dues.
How are Mutual Funds taxed?
Investors, who have a mutual fund portfolio, must have a good understanding of how their returns are taxed. The illustration above gives a quick summary of a...
Urban unemployment rate fell in January-March 2019, official data reveals
The numbers are likely to provide relief to a govt reeling under sharp criticism over lack of jobs.
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If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Tax department wants to impose 18% GST on CXO salaries
The taxman wants companies to treat services as supply, meaning the people providing the service will pay GST.
Larger companies used downturn to improve efficiencies of operation: Sunil Subramaniam
A lot of earnings growth due to the Nirmala effect in terms of the tax breaks that came in.
The one man show: Understanding the concept of One Person Company
OPC under the Companies Act, 2013 is a separate legal entity having perpetual succession, which is required to be registered as per the provisions of the Companies Act, 2013.
How India's game-changing tax bypasses the farmer
Indian farmer's plight has changed little even under GST that aims to revolutionise all kinds of businesses.
India to consider shifting dividend tax to investors from firms
The budget statement due Feb may include a proposal to tax dividends once they are paid to shareholders.
Sabka Vishwas Scheme gaining traction; over Rs 5,000 cr dues declared so far
Finance Minister Nirmala Sitharaman had unveiled the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 with the objective of settling pending disputes of Service Tax and Central Excise in the budget. A mid-term review reveals that a total amount of Rs 5,472 crore inclusive of pre-deposit amount of Rs 4,225 crore has already been declared under the scheme.
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