Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
A dialysis machine contributes only 6 per cent to the overall cost.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
Charges against Raju and others include criminal conspiracy and forgery.
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have used to avoid tax will be easily detected.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
Foreign reinsurance companies are now allowed to do business in India.
Alibaba in talks to invest up to $700 million in Snapdeal
Prabhu's maiden Railway budget is high on vision.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials. It will function without any personal interface between taxpayers and tax officers. Both the taxpayer and the tax officer will not know each other -- who is scrutinising whose return, and at which place, points out Kuldip Kumar, partner and leader personal tax, PwC.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
Mallya will now be the Founder Emeritus of USL
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
Thanks to Budget 2018, seniors can invest more and also save more.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
The Indian business community wants to see a strong stable government with a willingness to reform, break down the shackles of the past which is holding India back.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear.
In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
Auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities.
Sebi to look into disclosure, other lapses in the Vijay Mallya, Diageo case.
Inter-state supply may come under GST composition
Of the 80 new appointments, 51 women are becoming directors.
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
Simplifying the processes will lead to greater efficiencies. Bad processes will not help even if implemented well, says T N C Rajagopalan
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
On January 31, the US Federal Trade Commission cleared the merger.
Tech major is in discussion with film-makers, sport administrators to enter the fast-growing sectors.
Arun Jaitley presented the Budget in Parliament on Saturday.