Tax Guru Anil Rego answers your personal income tax queries.
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
Commerce and Industry Minister Piyush Goyal that the players in the sector should start lowering prices and, if the worst comes to the worst, write off investment as bad business decisions.
If the spouse is the guarantor of husband's business loans, banks can hold her liable for default. Here are ways to ring-fence her assets.
When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure that you have supporting documents to substantiate it.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
Nitin Tyagi is a young farmer in Budhagaon village of Baghpat district of Uttar Pradesh. A few years ago, Tyagi left his fairly lucrative job in the medical industry and shifted base to his ancestral village to look after his land and property. He opened a small shop selling farm inputs in the village and also started taking a greater interest in agricultural matters which had so far been looked after by his father and uncles. Tyagi and his brothers primarily grow sugarcane, potato and wheat on nearly 10 acres of land with sugarcane taking up most of his time and effort. Being one of the most important and lucrative cash crops of the region, sugarcane is directly linked to the fate of millions of farmers in west UP and with it, the electoral fortunes of political parties seeking their votes in the coming assembly polls.
Sahara Group got other much-needed relief with the apex court lifting its embargo of permitting it to sell only 19 properties.
The shareholders of Hindustan Lever Ltd have given their nod to the scheme of arrangement between HLL, Shamnagar Estates Pvt Ltd, Jamnagar Properties Pvt Ltd, Hindustan Kwality Walls Foods Pvt Ltd for demerger of shares.
Any additions in demand made by a tax officer under the faceless assessment process for over Rs 5 lakh of income will undergo a rigorous review process before a final demand order is passed.
Brazilian authorities have blocked assets of Barcelona star Neymar, including a yacht, a jet and several properties worth almost US$50 million, according to The Associated Press.
Speculation about a possible transfer to Premier League rivals Arsenal has unsettled LeicesterCity winger Riyad Mahrez, manager Claudio Ranieri has said.
Tax Guru Anil Rego answers your personal income tax queries.
They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
Promoters must mandatorily deposit 70% of unused fund collected for project in separate bank account
State minister Nawab Malik said the Centre has written to the Maharashtra chief secretary, saying the proposed Metro-3 car shed land in suburban Kanjurmarg belongs to it, as he accused the opposition BJP of conspiring to stall the project through the Union government.
The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.
Senior advocates Kapil Sibal and Mukul Rohatgi, appearing for Sahara, has sought time till August 15 for realisation of the cheque and giving a road map for depositing the remaining amount.
Your EMIs may help you to reduce your tax liability... Here's how
Govt should take steps to monetise real estate investment schemes.
Sharp differences have surfaced between the Tatas and the government over handling of surplus land of their joint venture VSNL, as also who would be liable to pay stamp duty for transfer of property to a new entity 'Hemisphere' being created for the
Telangana's Rythu Bandhu policy is an embryonic UBI, or rather embryonic QUBI (a quasi-universal basic income, pronounced Kyoo-Bee). And it could potentially also be the future of agricultural policy in India, says Arvind Subramanian.
'They are starting to move more quickly and we would just like to continue to see bold action being taken.'
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
Failure to recognise the threat of India's IP abuse is a major step back: Congressman Orrin Hatch.
LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.
The case pertains to allegations that Lalu Prasad, as railway minister, handed over the maintenance of two hotels run by the IRCTC, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotels, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.
During the meeting, the US said it will not add new tariffs on Chinese exports, China's state -run China Daily reported.
Air India has planned to monetise its unutilised and surplus immovable real estate assets over the next few years.
The apex court directed Mallya, who is currently in the United Kingdom, to appear before it on July 10 to argue on the quantum of punishment in the matter.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
The party also dismissed as 'absolutely false' the claim that Young Indian Ltd, the company formed in the wake of financial troubles concerning Associated Journals Ltd, was a 'real estate company'.
At present, e-stamping is available in six states -- Karnataka, Maharashtra, Assam, Tamil Nadu, Delhi & National Capital Territory and Gujarat.
The IT department had issued a tax assessment order in December 2011 asking Vodafone to add Rs 8,500 crore (Rs 85 billion) to its taxable income, thus raising the tax liability of the company.
The Central Bureau of Investigation, which had on April 16 filed the chargesheet in the case, had said that there was enough evidence against the accused.
Former IPL chief shooed off potential buyers at the behest of Sushanto Roy, says broker
Trump threatens to impose additional $200 billion in tariffs on China, Beijing vows to retaliate
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