Form 16 lists the total salary received and the taxable income arrived at after relevant exemptions and deductions. Do you know the difference between financial
Day: July 23, 2018
Gift taxation | ITR: This year gifts have to be declared in ITR: Here’s how they are taxed
This article will talk about the how gifts are taxed in India and the related disclosure in the tax returns. By Sudhakar Sethuraman and Vibha
If ill-treated, elderly parents can take back property gifted to son, rules Bombay HC | Mumbai News – Times of India
Elderly parents can take back a share in their property given to a son as a gift if he fails to look after them or
Two steps back: Why govt’s withdrawal of FRDI bill is a missed opportunity | Business Standard News
India needs a strategy to get the government out of banking. Non-performing loans among state-owned banks — a legacy of India’s socialist past which account
Draft changes to GST regulations | Business Standard Column
The central government has put in the public domain all draft amendments to the goods and services tax (GST) laws. After due consideration and approval by the GST Council,
Wilful blindness about the main cause of bad loans | Business Standard Column
The Central Bureau of Investigation (CBI) has filed a case in the Andhra Pradesh High Court involving a public sector bank (PSB). The bank had given a loan against
Anti-graft Act: How will the amendments impact businesses in India? | Business Standard Column
Experts share their insights on implications for businesses following changes in the anti-graft Act Why was there a need to amend the anti-graft law? The Prevention of Corruption Act was enacted
Union Bank moves to tighten credit appraisal, monitoring – Business Line
Union Bank of India expects an improvement in the quality of the loan book as it will monitor credit right from the start using analytical
Have doubts with filing your income-tax returns? – Business Line
Income Tax e-filing: How to right a wrong return We answer a few basic questions that will help you go through the process in a
Taxability of the gifts you receive – Business Line
There is no separate law governing taxability of gifts in India A gift is generally understood to mean an item given voluntarily to someone without
Keep your date with the taxman – Business Line
Miss the July 31 tax-return filing deadline at your peril July 31: a date that’s earned many of us the Late Lateef tag, a date