Domestic I-T laws require you to deduct tax on software, e-books and music albums; must report every such transactions while filing returns.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
The proportion in which a joint home loan is taken is important.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
Internet, tech, infra, realty in India might gain
The sector is witnessing weak tendering.
Service companies such as Infosys, Tata Consultancy Services and Airtel, among others, would be particularly hit.
This move to make it easier for funds to avail of tax exemptions.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
The new Income Tax return forms are much simpler in many respects.
With its new hybrid annuity model, the government is confident of getting more funds from India Inc.
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
Tax rules that could land you in trouble
The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
India is set to sign an agreement with the US to resolve transfer pricing disputes, which will then serve as a template for settling such rows with multinational companies based in the UK, France and other European countries.
The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
If the sum assured is less than 10 times premium, the proceeds will be taxed.
Showing a better trend in remuneration and other benefits for the top-level executives, staff salaries across the board have risen by an average of 50 per cent.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
Many hurdles that investors could have faced after enrolling for the scheme have been removed.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Last week, the government had introduced the black money Bill.
Firms that have a turnover of under Rs 1 cr can pay tax without maintaining books.
Relief would only be for unlisted companies; listed ones already have to prepare statements once a year.
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The new capital of Andhra Pradesh is expected to be in the Vijayawada-Guntur region.
Formula One faces a risk: with Malaysia pulling out of a new deal, they could altogether lose their presence in Southeast Asia, one of the world's fastest-growing regions.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
The company has finalised a three year business plan to increase revenue and control costs.
Unbanked customers can expect easier access to banking.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
Budget smartphones will rule the market in 2015.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
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