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Read: HDFC Bank, ICICI Bank, Axis Bank Q2 Preview: FCNR(B) inflows may boost deposits, weigh on NIMs
https://www.financialexpress.com/business/banking-finance-hdfc-bank-icici-bank-axis-bank-q2-preview-fcnrb-inflows-may-boost-deposits-weigh-on-nims-4363121/ Shared by Financial Express android app click here to download https://financialexpress.page.link/fe_app
NRI capital gains tax: When can you use the basic exemption limit to lower your income tax bill?
Read more at:https://economictimes.indiatimes.com/wealth/tax/nri-capital-gains-tax-when-can-you-use-the-basic-exemption-limit-to-lower-your-income-tax-bill/articleshow/134989302.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Indian residents and resident Hindu Undivided Families (HUFs) can apply their unused basic exemption limit to certain capital gains that are taxed
*******US stocks vanish from broker account: How this salaried investor fixed his ITR
https://www.financialexpress.com/money/us-stocks-vanish-from-broker-account-how-this-salaried-investor-fixed-his-itr-4363009 Filing an income tax return for foreign assets is complex enough when all broker statements are readily available. But what happens when an investor
NRI Earned Salary in South Korea, Money Credited to Indian NRE Account: ITAT Says No Tax Addition Merely for Missing TRC, Foreign Return https://www.taxscan.in/income-tax/nri-earned-salary-in-south-korea-money-credited-to-indian-nre-account-itat-says-no-tax-addition-merely-for-missing-trc-foreign-return-read-order
Foreign salary of a non-resident cannot be treated as taxable in India merely because foreign tax returns, TRC or proof of tax payment abroad were
Property Bought in Wife’s Name, Funds Came From Husband: ITAT deletes Rs. 17 Lakh Unexplained Investment Addition https://www.taxscan.in/income-tax/property-bought-in-wifes-name-funds-came-from-husband-itat-deletes-rs-17-lakh-unexplained-investment-addition-read-order
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) deleted Rs. 17 lakh unexplained investment addition arising from a property purchase in the wife’s
Sale deed not registered after buying a flat? What happens to your ownership rights?
https://www.financialexpress.com/money/sale-deed-not-registered-after-buying-a-flat-what-happens-to-your-ownership-rights-4360430 Without a registered document, the buyer’s title to the property is incomplete. Buying a flat or apartment can be one of your biggest personal
GST reforms aim to boost compliance by removing fear, widening tax base
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/gst-reforms-aim-to-boost-compliance-by-removing-fear-widening-tax-base/articleshow/134924449.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A year ago, GST Council lowered rates and moved to a simpler structure with two main rates. It expected that lower rates
Go On, Show Us the Money! Rs 3 lakh cr foreign outflows spark concerns about India’s investment landscape
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/go-on-show-us-the-money-rs-3-lakh-cr-foreign-outflows-spark-concerns-about-indias-investment-landscape/articleshow/134923885.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst There’s nothing to gain from avoiding the numbers. FPIs have withdrawn more than ₹3 lakh cr from Indian equities in the first
*******Income tax penalty waiver: CBDT revises Form 161 to cover misreporting cases; check rules
An income tax penalty can run into a substantial amount, especially in cases involving misreporting of income. But taxpayers may have a way to seek
