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No retro tax on debt schemes MFs say relief only partial, will not help industry

Jul 26, 2014

No retro tax on debt schemes MFs say relief only partial, will not help industry

MFs feared the budget proposal will hurt them as majority of assets under management comes under the debt category #Tax #finance bill #Budget 2014 #MFs #debt schemes #long term capital gains tax
Budget 2014 Jaitley has kept door open for FIIs to escape being taxed

Jul 11, 2014

Budget 2014 Jaitley has kept door open for FIIs to escape being taxed

The tax department has been saying that what FIIs earn in India is not capital gains. On the contrary, what they earn fits in as business income. The department is right. #India #FDI #Arun Jaitley #Mauritius #Tax #FII #Capital gains tax #Budget2014
Clarify tax relief claim on property sale, I-T dept tells VS Sampath

Jun 09, 2014

Clarify tax relief claim on property sale, I-T dept tells VS Sampath

The IT department has questioned the tax relief claimed by V S Sampath in connection with the sale of a property in Hyderabad and purchase of property in Delhi. #Delhi #NewsTracker #Chief Election Commissioner #Income Tax Department #Hyderabad #Capital gains tax #probe #VS Sampath #properly sale #capital gains tax exemption
Capital gains tax Income Tax dept surveys Cairn India office

Jan 22, 2014

Capital gains tax Income Tax dept surveys Cairn India office

The Income-Tax department has 'surveyed' the office of nation's largest oil producer Cairn India in connection with transfer of assets by its erstwhile UK promoter, Cairn Energy plc to the Indian entry. #WhyNow #Cairn Energy #Income tax #Cairn India #Capital gains tax