Clipped from: https://taxguru.in/income-tax/amendments-finance-act-2023-related-tax-capital-gain.html Article explains Amendment made by Finance Act, 2023 with regard to some provisions under the head Capital gain which incudes amendment in Section 54, Section
Category: Budget
Major amendments in Budget 2023 relating to Capital Gains
Clipped from: https://taxguru.in/finance/major-amendments-budget-2023-relating-capital-gains.html From a tax perspective there are 3 major amendments in Capital Gains in this budget 2023 w.r.t. followings: ♦️ Residential House Property (RHP) ♦️ Gold
🙏🙏Tax Query: Applicability of presumptive taxation under Section 44ADA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-applicability-of-presumptive-taxation-under-section-44ada/article66543603.ece How the provisions can be interpreted by an engineering professional after retirement If one opts for presumptive taxation scheme, one is required to
Mahila Samman Savings Certificate: Should you invest? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/mahila-samman-savings-certificate-should-you-invest/article66548763.ece The amount allowed for investment is not high enough, at just ₹2 lakh MSSC will have a tenor of two years and carry
👍👍👍👍👍*Social capital and Budgets: The picture is varied, not just black or white | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/social-capital-and-budgets-the-picture-is-varied-not-just-black-or-white-123022400996_1.html?code=NTM4OTU9MTIzMDIyNDAwOTk2 India’s ranking on the UN’s HDI has remained more or less unchanged, suggesting the country is doing no better or worse than others,
To stay put on fiscal deficit glide path, Govt must moderate capex momentum: Crisil report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/to-stay-put-on-fiscal-deficit-glide-path-govt-must-moderate-capex-momentum-crisil-report/article66532095.ece A mix of revenue-enhancing measures and rationalisation of revenue expenditure is needed to reduce the capex sacrifice The 5.9 per cent fiscal deficit target set for
Short-term fiscal benefits will be offset by huge liability in future, says Finance Secretary Somnathan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/short-term-fiscal-benefits-will-be-offset-by-huge-liability-in-future-says-finance-secretary-somnathan/article66532189.ece ‘It’s just not possible legally for the GoI and PFRDA to give the money back to the State’ (File photo) Members of Karnataka
Leave States to fix their own fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/leave-states-to-fix-their-own-fisc/article66529144.ece Guidelines for use of interest-free loans to States not clear, raising concerns over accountability The Centre fixing the target for State government borrowings is
Private investments are driving growth in sectors like renewable energy: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/private-investments-are-happening-says-sitharaman/article66517419.ece Finance Secretary rules out direct overseas borrowing by government Finance Minister Nirmala Sitharaman speaks at a dialogue organised by Doordarshan on ‘Amrit Kaal’
👍👍👍👍👍Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector in the
👍👍👍Centre aims to mop up Rs 75,000 cr from senior citizen savings scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trn The maximum investable amount of the senior citizen savings scheme (SCSS) —
Insurance execs to FM Sitharaman: Relax taxing high-value policies | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/insurance-execs-meet-fm-over-budget-proposal-of-taxing-high-value-policies-123020700996_1.html They want the threshold of premiums beyond which the income from these policies is taxed raised to Rs 10 lakh per year from
👍👍👍👍👍Monetary policy stance must remain disinflationary, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-stance-needs-to-disinflationary-says-rbi-report-123021701070_1.html Says GDP growth will receive 15-basis point boost from tax cuts Following an unexpectedly sharp rise in the consumer price index (CPI)-based inflation
👍👍👍*[Tax on Gaming]The right bet on taxation? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-right-bet-on-taxation/2983970/ Budget FY24 provisions on taxing the winnings in online games impose a large cost on gaming companies, in the form of a heavy
👍Government focussing on formalising economy: FM | The Financial Express
Clipped from: https://www.financialexpress.com/economy/government-focussing-on-formalising-economy-fm/2983976/ No plan to issue dollar-denominated govt securities: Finance secy Finance Minister Nirmala Sitharaman (File) Finance Minister Nirmala Sitharaman on Thursday said the government
👍👍👍*Tax market-linked debentures carefully | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tax-market-linked-debentures-carefully/2981703/ The Finance Bill 2023 proposes to tax the gains from these as short-term capital gains, irrespective of period of holding. Although it seems
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