Save tax by gifting money to your Adult Child
Your adult children can help you save tax. Gifts (including money) to an adult child are exempt from...
Budget 2015-16 may hike IT Exemption Limit to 5 Lacs
Recently “The Financial Express” has published an article about Personal Income Tax Exem...
Works Contracts under Rajasthan Sales Tax Act, 1954
2015-VIL-88-RAJ THE INDIAN HUME PIPE CO. LTD. Vs STATE OF RAJASTHAN Rajasthan Sales Tax Act, 1954 â€...
GST Could Untangle Tax Issues for E-Commerce
The debate on Goods and Services Tax or GST is gaining momentum, and hopefully, in the Budget sessio...
Income Tax Expectations: Here's What India Wants
A survey carried out by industry body Assocham has found that a majority of salaried employees want ...
High Court Verdict On Taxability Of Development Agreements + Buy-Back Of Shares Expenditure
CIT vs. Chemosyn Ltd (Bombay High Court) (i) Even if gains have accrued on execution of the developm...
Leave Travel Allowance – TAXABILITY
LEAVE TRAVEL ALLOWANCE [ SEC-10(5)] MEANING : LTA may be provided by the employer to the emplo...
Employee stock option scheme
EMPLOYEE STOCK OPTION SCHEME employer stock option means any specified securities or sweat&nbs...
Tax Treatment Relating To Provident Funds
Tax treatment relating to provident funds particulars Statutory PF Recognized PF Unrecognized ...
My only income is from selling shares, do I need to pay tax?
We all know that Income from salary, rental income and business income is taxable. But what about in...