Clipped from: https://www.financialexpress.com/money/income-tax/will-you-be-taxed-on-the-esops-received-from-a-previous-employer/2893423/ When ESOPs are exercised and shares are awarded after the employer-employee connection ends, the tax situation becomes murky. The discharge of taxes following
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Laid off? know the Income Tax exemption/relief options for employees receiving severance pay | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/income-tax-exemption-relief-options-for-laid-off-employees-receiving-severance-pay/2893974/ While the severance pay offered to laid-off employees is not tax-free, there are some options for them to claim tax exemptions/reliefs Check tax-saving
No ITR? You can still get a loan – Here’s how | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/borrowings-no-itr-you-can-still-get-a-loan/2898150/ Salaried applicants will have an ITR, but non-salaried individuals with non-taxable income may find it challenging to furnish documents such as income proof
Capital Gains: The change needed in capital gains taxation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/the-change-needed-in-capital-gains-taxation/articleshow/95780625.cms Synopsis When such a tax used to be there before 2005, it had an indexation facility. Now, all other long-term capital gains taxes
Exemption from TDS deduction: Who can apply, process – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/exemption-from-tds-deduction-who-can-apply-process/articleshow/95778908.cms Synopsis This application can be made by any person, corporate, HUF, individual, etc. An individual may also submit a self declaration in Form
Wall Street hunts for recession plays to weather potential 2023 turbulence | The Financial Express
Clipped from: https://www.financialexpress.com/market/wall-street-hunts-for-recession-plays-to-weather-potential-2023-turbulence/2900373/ Investors in the coming week are awaiting economic data on the U.S. services sector, which grew at its slowest pace in nearly 2-1/2
layoffs: Macro uncertainty, layoffs giving sleepless nights to working professionals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/macro-uncertainty-layoffs-giving-sleepless-nights-to-execs/articleshow/95971553.cms Synopsis About 4-6 out of 10 professionals reaching out for mental health support in the last few months are hounded with the fear
Income Tax department reduces time for taxmen to decide on refund adjustment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/income-tax-dept-reduces-time-for-taxmen-to-decide-on-refund-adjustment/articleshow/95981050.cms Synopsis According to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has
Amendments in Income Tax Act under Finance Act 2021 do not affect notices issued prior to April 1st, 2021: Orissa HC
Amendments in Income Tax Act under Finance Act 2021 do not affect notices issued prior to April 1st, 2021: Orissa HC [Read Order] Read More: https://www.taxscan.in/amendments-in-income-tax-act-under-finance-act-2021-do-not-affect-notices-issued-prior-to-april-1st-2021-orissa-hc/230265/
Reassessment Notice issued without following Provision u/s 148A is not valid: Kerala HC
Reassessment Notice issued without following Provision u/s 148A is not valid: Kerala HC [Read Order] Read More: https://www.taxscan.in/reassessment-notice-issued-without-following-provision-u-s-148a-is-not-valid-kerala-hc/229827/
Cash Gift of Rs. 39 Lakh from Husband during Assessment Proceedings was Mere Afterthought after Search: ITAT Upholds Addition
The Income Tax Appellate Tribunal (ITAT) Bench at Chennai has recently held that, the claim of the assessee, K Gomati that Rs. 39 Lakhs was
CA Cannot be Prosecuted under PMLA merely for Issuing Form No. 15CB
Clipped from: https://taxguru.in/income-tax/ca-prosecuted-pmla-issuing-form-no-15cb.html Murali Krishna Chakrala S/o. Muniram Prasad Chakrala Vs Deputy Director (Madras High Court) The submission of Mr.Nithyaesh Natraj, learned counsel, that mere issuance
health insurance policy: Multiple restoration benefit on health insurance policy: How to get maximum value from it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/multiple-restoration-benefit-on-health-insurance-policy-how-to-get-maximum-value-from-it/articleshow/95934947.cms Synopsis Whenever you make a claim against your health insurance, your remaining coverage, depending on the sum insured, comes down or gets exhausted
Axis Securities’ six largecap picks that may rally up to 30% in coming months – Largecap Picks | The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/axis-securities-six-largecap-picks-that-may-rally-up-to-30-in-coming-months/largecap-picks/slideshow/95959120.cms Domestic brokerage firm Axis Securities has released its December reports, where it is positive on half a dozen largecap counters that can rally
Judicial quality has a quantity of its own; system needs a review – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/judicial-quality-has-a-quantity-of-its-own-system-needs-a-review/articleshow/95946822.cms Synopsis Filling vacancies with qualified capable persons is another challenge. A transparent system that rewards merit for recruiting judges must be instituted. At
Buybucks can hurt the back – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/share-markets-buybucks-can-hurt-the-back/articleshow/95946553.cms Synopsis Taxation works against long-term investors who stay invested in companies as they end up paying for those who have sold their holdings
What will the Russian oil price cap do to markets like India, China – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/what-will-the-russian-oil-price-cap-do-to-markets-like-india-china/articleshow/95951090.cms Synopsis The G-7 has mostly decided to stop its own imports of Russian crude so the move is aimed squarely at other big
Supreme Court ends large tax evasion in land, property deals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/supreme-court-ends-large-tax-evasion-in-land-property-deals/articleshow/95943034.cms Synopsis The trick used till now was holding real estate assets in a partnership structure, revaluing the properties to current market price, bringing
What caused the BSE IT Index to reverse this week? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/what-caused-the-bse-it-index-to-reverse-this-week/articleshow/95946424.cms Synopsis Since there is no new story all the time, someone selects to sell. The day there is no greater fool to sell
Shriram Transport Finance Company Limited: Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/merger-bound-shriram-finance-to-emerge-as-second-largest-retail-nbfc-kotak-institutional-equities/articleshow/95959285.cms Synopsis Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport
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