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Hitesh Gajaria

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Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

India Inc expects Budget to lower personal income tax rates

Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans. India Inc is banking on the Budget to......

Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

The mystery about short-term capital gains tax data

'There is a huge tax differential of 15% to 20% depending on income classification.'Sachin P Mampatta reports. The latest set of tax data shows a persistent oddity when it comes to short-term......

Healthcare industry is unhappy with the Budget

The government on Monday proposed imposition of 5 per cent service tax on treatment in private hospitals, paid either by individuals, insurance companies or firms, a move described as "detrimental"......

Govt may drop proposed tax on religious trusts

The finance ministry is likely to drop the proposal to tax religious trusts. The proposal formed part of the direct taxes code and had raised eyebrows both within and outside the finance ministry.......

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