tax

Tax experts on Wednesday voiced concerns about the recently tabled Green Paper on tax reform, chief among them the potential impact on low-income earners. "The reform is shifting tax to persons in society less able to pay ... and there must be some provisions consider to mitigate this concern,"...

Four months into the new fiscal, the indirect tax collections are holding up well, suggesting that the slowdown is yet to impact tax collections materially. Indirect tax collections in July were up 16.4% from a year ago. In the April-July period the kitty was up 27% from a year ago. "Overall...

Tax arrears over Rs 4 lakh cr locked up Direct and indirect tax arrears of about Rs 4.60 lakh crore are locked up in litigations before various appellate bodies, the Government said Friday. While about Rs 57,702.12 crore is locked up in appeals with regard to indirect taxes, as far as direct...

Key Highlights: • • • • • • • • • • LLP’s will be treated as Partnership Firms for the purpose of Income Tax w.e.f assessment year 201011 No surcharge will be levied on income tax. Profit will be taxed in the hands of the LLP and not in the hands of the partners. Minimum Alternate Tax and...

I think it's a stretch to suggest that these people know anything about macroeconomics, much less to suggest that they know enough to make intelligent comments on the subject. If you'd like the point addressed, then here it is: They're right and they're wrong. At some point, tax breaks to the...

Are you for or against an inheritance tax of any type upon death? Do you agree or disagree, that financial gifts to individuals are just that and should not be taxed once it exceeds an allocated permissible amount or required to be claimed as income? Should people not freely be allowed to pass...

some one please provide me sale tax and exicise tax for ay 2011-12

The Tobin Tax would be a way to ensure that there is a stable, yearly contribution to a global relief fund, most likely administered by the United Nations. It would overcome the current problem of countries making high-profile aid promises (e.g about relief aid after the Asian Tsunami, or of...

Regardless of the decisions that politicians make on taxation, taxes alone cannot begin to address the larger problems - health-related, social and economic. Health is at least as much about exercise as it is about diet and there is a wider problem with life style that is being recognised by the...

The revenue generating potential of a tax is tremendous. It has been estimated that a tax of 0.1% could raise $50 - $300 billion a year. Even if we take the smaller amount, this would match existing levels of official aid. The UN and World Bank estimated in 1997 that the cost of wiping out the...

The prospect of life-long higher-tax status will act as a deterrent to many weaker students who doubt their abilities to make a success of a university degree, or those from poorer backgrounds with no family tradition of higher education. Would the many students who fail to complete their...

Hi all, uploading a ppt on service tax. hope it is useful. Thanks and regards, Pushpendra

is a revision in the existing direct taxation policy of india has to be revamped

e-Payment facilitates payment of direct taxes online by taxpayers. To avail of this facility the taxpayer is required to have a net-banking account with any of the Authorized Banks. Visit the link https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp

TDS tax deducted at source :SugarwareZ-062:

Fund Snapshot: Structure Open Ended Equity Growth fund Fund Manager Ashwani Kumar Fund Objective The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. Indicative Investment...

this is a project on direct and indirect taxes and their advantages and disadvantages which may help you.

Total income of an assesses cannot be computed unless we know his residential status in India during the previous year. Residential status is to be determined for: Previous year Assessment year Accounting year Total income of a person is determined on the basis of his: Residential status...

Central Sales Tax Act. 1956.....................

TAX TREATMENT IN INVESTORS HANDS: In securitization transactions, the taxation of investors is a derivative of the taxation of the SPV. There are uncertainty as to who would issue the certificate confirming the payment of principal and interest to enable the borrowers to claim tax...