Raise I-T exemption limit to Rs 2 lakh & tax the rich to bridge deficit: trade unions POLITICAL BUREAU Posted online: Saturday, December 30, 2006 at 0000 hours...
*Mukesh Ambani to contest IT notice* Kolkata, Dec. 31 (PTI): Reliance Industries chairman Mukesh Ambani would contest the income tax notice requiring him to...
Disputes often break for reasons beyond our control. However, `quick resolution of any commercial dispute is necessary for smooth functioning of business and...
*SPECIAL ECONOMIC ZONE ( S E Z )*** *FREQUENTLY ASKED QUESTIO**NS* *Q. What is a Special Economic Zone ?** * Special Economic Zone (SEZ) is a specifically...
The income derived from property held under trust wholly for charitable or religious purpose is exempt from tax u/s.11 subject to fulfillment of certain...
Investments in PFC's VC fund may qualify for I-T exemption December, 29th 2006 The power ministry has proposed fiscal breaks for contributions to the India ...
Tax relief for intra-corporate advances December, 29th 2006 In a far-reaching judgement on intra-corporate advances, the Supreme Court has held that tax cannot...
IBM bags Rs 250-cr deal from I-T dept December, 29th 2006 IBM has been shortlisted by the income tax department for supply of servers for its proposed national...
When earned leave encashment is recevied from two or more employers Where the cash equivalent of unutilised earned leave is received by an employee from two...
Exporters on edge as govt maintains silence on DEPB December, 29th 2006 Star-category exporters are getting jittery about the fate of the duty entitlement pass...
Loan transferred to arm can't be taxed December, 29th 2006 In a far-reaching judgement on intra-corporate advances, the Supreme Court held that tax cannot be...
The funds of a charitable trust or institution should be invested or deposited in the following: [to avail benefit of section 11,12,13] a) Government savings...
Tax benefits to hill states may be cut December, 29th 2006 Excise duty and other tax exemptions for attracting industries to hilly states may not go away, but...
Indira Bhargava is new CBDT Chairperson PTI[ SUNDAY, DECEMBER 31, 2006 01:45:19 PM] NEW DELHI: Indira Bhargava on Sunday took over as the Chairperson of ...
Publication:Economic Times Delhi; Date:Jan 1, 2007; Section:Personal Finance; Page Number:9 Time to exercise your options Cos often dole out stock options...
Publication:Economic Times Delhi; Date:Jan 1, 2007; Section:Personal Finance; Page Number:9 Having fun at your employer's expense Tax-free benefits from the...
Tax relief for intra-corporate advances M PADMAKSHAN TIMES NEWS NETWORK[ FRIDAY, DECEMBER 29, 2006 03:52:58 AM] MUMBAI: In a far-reaching judgement on...
Ensure equity in taxing capital gains HEMA RAMAKRISHNAN TIMES NEWS NETWORK[ TUESDAY, JANUARY 02, 2007 12:32:28 AM] PUNE: Property sales in the over $12-billion...
I-T raises demand for Rs 60,000 cr addnl tax Press Trust Of India / New Delhi January 02, 2007 After the scrutiny of around 2 per cent income-tax returns filed...
Strategies to set up OBUs and IFSCs in SEZs S GAYATHRI Posted online: Tuesday, January 02, 2007 at 0000 hours IST The SEZ story has been making tidal waves of...
LEGAL DIGEST M J Antony / New Delhi January 01, 2007 The Supreme Court has dismissed appeals of AP Steel Re-Rolling Mills Ltd and Victory Papers and Boards...
Tax sops for LNG likely to support gas power plants URMI A GOSWAMI TIMES NEWS NETWORK[ TUESDAY, JANUARY 02, 2007 02:21:07 AM] NEW DELHI: With nearly half of...
TIMES NEW NETWORK New Delhi: The tax department seems unwilling to let go of the opportunity to raise collections in a booming economy and is expected to...
Most of what we do with respect to tax saving, planning, investment whichever way you call it is going to be of little or no use in years to come. The returns...
Suppose I were to offer you a job and I say that, "You have a choice on compensation. Either you take Rs 25,000 fixed salary or you take Rs 15,000 fixed and...
[This is not directly related to income tax matters, however, various law are indirectly connected to income tax. The information in this mail is only for...
