TheNewsClues
Clues by Admin • 9 Nov 2018, Friday
Reputed Fund manager Nilesh Shah noted that filing income tax returns in India is much simpler than filing in the United States.. His comments come on the back of India’s made rapid progress in the World Bank’... Continue Reading
Read More at The Financial Express
Clues by Admin • 18 Jul 2018, Wednesday
Gains/losses incurred on intraday trading are not treated as capital gains, and needs to be disclosed in the ITR differently. Buying and selling of stocks within the same trading day is known as intraday trading. The intention of the ... Continue Reading
Read More at Livemint
Clues by Admin • 25 May 2018, Friday
In an extension of the Apple Battery Replacement Program, Apple is reimbursing Rs 3,900 to all the customers, who had paid for the out-of-warranty iPhone battery replacement. The refund will be given only for iPhone 6 and later models, whose battery was ... Continue Reading
Read More at Business Today
Clues by Admin • 16 May 2018, Wednesday
The Income Tax Department on Tuesday released Form ITR-2 for assessment year 2018-19, on the official e-filing portal. The ITR-2 is used by individuals and Hindu Undivided families (HUFs), including NRIs, who have income from any sources except income from ... Continue Reading
Read More at Hindustan Times
Clues by Admin • 10 May 2018, Thursday
Income Tax Return (ITR) Form-4 for Assessment Year 2018-19 has been released by CBDT. Form ITR-4, commonly known as Sugam, is applicable to individuals and Hindu Undivided Families (HUFs) who have opted for presumptive taxation scheme for income earned from ... Continue Reading
Read More at The Economic Times
Clues by Admin • 5 May 2018, Saturday
Following on the heels of State Bank of India and HDFC Bank, Axis bank raised its deposit rates by 35 bps to 7.1% for FDs maturing between 12-14 months. All deposits of under Rs 1 crore with longer maturities will earn 7%. Rates on ... Continue Reading
Read More at The Financial Express
Clues by Admin • 28 Apr 2018, Saturday
Fitch retained India’s sovereign rating at 'BBB-', the lowest investment grade with a stable outlook, for the 12th year in a row, saying that weak fiscal balances continue to constrain its ratings. The government had made a strong ... Continue Reading
Read More at The Economic Times
Clues by Admin • 26 Apr 2018, Thursday
Private sector lender HDFC Bank has raised interest rates for deposits by up to 100 basis (100 basis points is 1%) points in a bid to grow its deposits. For deposits under Rs 1 crore, deposits rates have been raised by 10 basis points to 6.85%. &... Continue Reading
Read More at Times of India
Clues by Admin • 24 Apr 2018, Tuesday
India wants to leverage the electronic National Agriculture Market (e-NAM) platform that now hosts 585 large agri-mandis to enable trades in its localised farm markets and enhance transparency in purchase and sale of farm output. The inter-mandi trade will facilitate more ... Continue Reading
Read More at The Economic Times
Clues by Admin • 19 Apr 2018, Thursday
The income tax (I-T) department has cautioned salaried taxpayers against under-reporting their income or inflating their deductions in assessment year 2018-19. It has also warned intermediary consultants like chartered accountants against assisting such tax evasion. Any wilful tax evasion will ... Continue Reading
Read More at Livemint
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