Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.
Prepare your replies with expert help, if necessary. Keep relevant documents ready to support your replies.
Check the status and immediately act on it
Do not declare them under Income Tax.
With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
A strong showing will be vital to Narendra Modi's chances of a second term.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
Accusing Trinamool Congress of creating widespread fear psychosis through "terror and intimidation" in West Bengal, the Left parties on Tuesday sought Election Commission's intervention to ensure free and fair polls.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Taxpayers might face several issues while filing returns this year.
Unless they have capital gains or assets abroad, most individuals will need to file ITR-1 or ITR-2A.
5 things to look at when companies go for mergers and acquisitions.
This taxation applies to all types of transfer of property.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances