Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
Finance Minister Nirmala Sitharaman in her fifth Union Budget made five major announcements for the income tax assesse. She announced no changes in the old tax regime and confined her relief measures to the new tax regime. There have been no changes under the old tax regime.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Divestment Minister Arun Shourie said on Tuesday his ministry would push for a meeting of the Cabinet panel of privatisation before February 17, the day the Budget session of Parliament is scheduled to begin.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
The company is also going in for a major facelift and as part of this ongoing effort, CCD has unveiled a new logo to represent the chain. The new change also entails CCD's all new 'smart' menu card that are designed to facilitate an interactive and enhanced customer service.
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.
Ashok Soota, former chairman of IT firm MindTree, on Thursday sold half of his 11.4 per cent stake in the company in a block deal.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
The Cabinet Committee on Divestment is likely to meet on Sunday to consider various issues relating to the privatisation of HPCL and BPCL, following a favourable opinion given by Attorney General Soli Sorabjee.
The two former partners own about 100 such properties; expansion of Best Price, EasyDay stores only after transactions linked to the split are over.
Taxmen also claimed that the signature of Siddhartha on the letter being circulated on the social media under his name "does not match" with the record available with the department.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
A decision on sale of government equity in HPCL, BPCL could be delayed beyond the Dec 7 deadline with PetroMin Naik stating he has no idea about the next CCD meet.\n\n\n\n
V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
The RBI has also referred alleged violation of the Foreign Exchange Management Act to the Directorate of Enforcement for investigation in regard to both Bharti Wal-Mart and e-commerce venture Flipkart Online Services.
In an unusual gaffe, the Taliban mistakenly revealed their mailing list, which included email addresses of many top members of the militant outfit and journalists.
Before you file your income tax return this year, have a look at the amendments that might help you take the most possible tax benefit.
To re-connect with its consumers who have moved up the economic ladder in the last few years, Cafe Coffee Day (CCD), India's largest cafe retail chain, will soon reveal a new look for its lounge outlets. The company plans to convert its existing lounges into the new design and set up 50 new lounge outlets by the end of this financial year.
Use of the incorrect form will result in your return being treated as defective, points out Suresh Surana, founder, RSM India.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anjum Mukadam, an astronomer of Indian origin, will be awarded the Robert J Trumpler Award for for designing and building Argos, a fast, CCD-based, time-series photometer to probe stars, including white dwarfs. Her work doubled the number of known pulsating white dwarfs, produced more than a dozen scientific papers, and created in Argos an instrument that is also useful for the detection of extrasolar planets as they transit their parent star.
Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Welcome to the world of silent commercials, with a sales pitch that's not full-throated, but muted and substituted with high visual elements. Sure, this is not a new business model of customised ads that the coffee chain has stumbled upon. Rather it's DSN (Digital Signage Networks), an in-store media company that has put up screens in CCD outlets.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
Government on Tuesday decided to sell 10 per cent stake in India's largest profit making firm Oil and Natural Gas Corp and gas transmission monopoly Gail (India) Ltd.\n\n
Tax deduction limit up Rs 50K for investment in pension fund.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.