Both NRIs and those who make payouts on sale of property need to understand the TDS provisions that are applicable or risk punishment, warns Sanjay Kumar Singh.
The question of tax concession arises only in the case of short-term capital gains, as a long-term holder of Satyam shares would, in fact, be incurring loss, as the scrip plummeted after the company's disgraced founder Ramalinga Raju confessed to fudging of accounts. Since the gains would be made only in case of those who would have bought the shares recently, the sources said such shareholders would have to be taxed, as they made a killing in the stock market.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
A landmark tax case between Vodafone of the UK and the Indian government that is set to determine the future climate for mergers and acquisitions in the country began on Monday.
Get Ahead tax expert Mahesh Padmanabhan answers queries on tax exemptions and how to invest for the long term.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
Tax expert Mahesh Padmanabhan on how employees can use fringe benefits in their salary to help save tax.
Can't believe you can file your income tax return without Form 16? Read this...
The data is expected to form the basis for policy decisions such as rationalising stamp duty, capital gains tax, municipal tax and determining mortgage rates.
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
Corporates are not really expecting a change in the capital gains taxation
Which is the best investment option when inflation is inching up? Should you put your money in gold, mutual funds or buy a house? How can buying a house help you in saving tax? Can you save tax by renting a property?
The Central Board of Direct Taxes on Friday directed tax officials to assess liability for those transacting in shares on the basis of principles laid down by the Authority of Advance Rulings (AAR).
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.