| | |
PTI 03:35 PM | July 07,2009
Public companies pay a larger proportion of their profits as tax than the private companies
|
|
12:23 PM | July 07,2009
I found the removal of the fringe benefit tax in this year’s Budget very interesting. I did not expect this at all
|
|
12:09 PM | July 07,2009
Under the 2009-10 Budget, fringe benefit tax (FBT) has been abolished. While this will be favourably received by the finance departments of companies, the impact on your personal finances might not be optimal for you. Here’s why
|
|
11:59 AM | July 07,2009
The 10% surcharge on taxes for those with an annual income above Rs10 lakh will no longer exist
|
|
Satish John, P.R. Sanjai and Baiju Kalesh 12:50 AM | July 07,2009
The Union government wants to increase the rate of MAT from 10% of book profit at present to 15%
|
|
Sanjiv Shankaran and Teena Jain 12:30 AM | July 07,2009
Direct tax proposals have also been used to arrest a decline in private sector investment
|
|
11:01 PM | July 06,2009
Corporate India welcomed the bold tax reforms but expressed regret that the minimum alternate tax was raised and security transaction tax was let to continue
|
|
05:49 PM | July 06,2009
Allocations in the infrastructure areas and social sectors is going to improve the overall economic performance over a period of time
|
|
PTI 05:12 PM | July 06,2009
The sector is hopeful of reaping indirect benefits of abolition of FBT, hike in the personal income tax ceiling and huge increases in outlay for infrastructure as it will increase the consumer spending
|
|
PTI 02:38 PM | July 06,2009
However, the finance minister granted some relief to companies, allowing them to adjust their tax liability under MAT from seven years to 10 years
|
|
PTI 01:12 PM | July 06,2009
The income tax limit have been increased for general tax payers as well as senior citizen
|
|
12:28 AM | June 30,2009
Will the finance minister bring back standard deduction, give benefits under Section 80(C) or whittle down the Fringe Benefit Tax? Mint’s Sanjiv Shankaran gives an overview
|
|
Taxation Economics | Ganesh Raj 11:15 PM | June 25,2009
The biggest dichotomy of the income tax administration in context of personal taxation creeps from the fact that all the tax compliances from tax return filing to tax assessments are almost same
|
|
PTI 02:19 PM | June 17,2009
Although industry has been pleading for a complete abolition of FBT in the forthcoming Budget, sources said the finance ministry is against it because of revenue implications
|
|
PTI 04:05 PM | October 06,2008
With stock markets on southward direction, securities transaction tax registered a growth of just 2.72% growth at Rs3,182 crore during the period
|
|