Naveen Kukreja explains the finer points to keep in mind while planning for your retirement.
Incomes such as dividend, interest on tax-free bonds, eligible gifts, etc should also be reported even though they are tax exempt, suggests Sanjay Kumar Singh.
The much-awaited talks between India and Mauritius over renegotiation of their tax treaty may begin soon, with India pushing for changes in the clause on the treatment of the capital gains tax.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
The new system would be especially beneficial for Qualified Foreign Investors.
Bupa and Axa have already declared their intention to raise stakes.
Precious metal coins may attract capital gains tax.
Foreign portfolio investors, on the other hand, have been net sellers in the markethaving pulled out Rs 8,600 crore
Finance ministry officials said they were scrutinising many deals, but the actual tax liability would depend on many factors, including the kind of payment (royalty, interest, stake sale) and the Double Tax Avoidance Agreement with the country where the foreign company was based.
Here's a ready reckoner on how to calculate your tax dues so that you can plan your investments accordingly.
What are FMPs and should you invest in them?
Markets suffered after other Asian indices closed in the red, tracking record-breaking losses at the Wall Street overnight.
Essar will have to pay capital gains tax, as the company will be gaining from the deal.
The company has not been able to sell its 9.8% stake in Cairn India
I-T department has fixed Rs 12,000-crore tax claim on the 2007 deal in which Vodafone bought Hutch's 67 per cent stake in Hutchison Essar for $11.2 billion.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
In case of any grievance, file a complaint with Sebi on its SCORES (Sebi Complaints Redress System) web site, suggests Sanjay Kumar Singh.
Mauritius is biggest route for investment into India.
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore (Rs 200-billion) tax dispute case.
Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels, cautions Devangshu Datta
A 'timing plus SIP' method could match the commitment of x in ordinary months and commit say, 2x or 3x in months where there has been a big correction.
India imported 967 tonnes of gold in 2014-15.
Facebook Inc Chief Executive Mark Zuckerberg said on Thursday he and his wife would receive no tax benefit from setting up their new philanthropic endeavor.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
It's important to make the penalty system an effective deterrent to ensure greater efficiency in the tax system, says M Govinda Rao.
You can invest the proceeds in capital gains bond or reinvest in another residential property.
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
NHAI expected to be debt-free by 2030-31 and added the authority, which raised about Rs 14 billion (Rs 1,400 crore) in 2009-10 through capital gains tax exemption bonds, planned to mobilise Rs 40 billion (Rs 4,000 crore) in the current financial year.
The limit under the Liberalized Remittance Scheme (that was earlier $200,000 and now brought down to $75,000) is applicable per person per financial year.
The Sovereign Gold Bonds will be sold through banks, Stock Holding Corporation of India Limited, designated post offices and recognised stock exchanges -- the NSE and BSE.
Market experts believe the retreat is because of uncertainty.
The regulator has sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 200,000 from the current Rs 150,000.
The new Direct Taxes Code has been put in the public domain and will most likely be up for debate in the monsoon session of Parliament.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
There are different instruments which help in hedging the portfolio. Here's some help.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
But contentious areas like special economic zones, capital gains and Ulips may see changes
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
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