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Mr FM, your basic IT exemption limit is almost as poor as NREGA daily wages

Jul 03, 2014

Mr FM, your basic IT exemption limit is almost as poor as NREGA daily wages

The basic income tax exemption limit in India is a joke, It is simply far too low for a family with one salary earner and five members in it. #Arun Jaitley #analysis #Budget 2014 #Union Budget 2014-15 #Basic Tax Exemption Limit #IT Deductions #80C
Poor staffing affected prosecution in tax evasion cases: CAG

Feb 18, 2014

Poor staffing affected prosecution in tax evasion cases: CAG

CAG carried out a study on administration of penalty and prosecution by the Income Tax department between August and December 2012. #Economy #India #CAG #NewsTracker #Tax Deducted at Source #Economic Offences Court
Budget 2014: Six terms you should watch out for

Feb 17, 2014

Budget 2014: Six terms you should watch out for

In English the word budget simply means, where money comes from and where money goes. Loosely put the Union Budget is pretty much the same thing. But, for the sake of those who are new to this and want to understand what the FM speaks. Read on. #Exemption #Budget 2013 #Deduction #Budget Lexicon
Budget 2013 speech: Six terms everyone should know

Feb 28, 2013

Budget 2013 speech: Six terms everyone should know

In English the word budget simply means, where money comes from and where money goes. Loosely put the Union Budget is pretty much the same thing. But, for the sake of those who are new to this and want to understand what the FM speaks. Read on. #Exemption #Budget 2013 #Deduction #Budget Lexicon

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Budget 2013 speech: Six terms everyone should know

Aug 14, 2014

Kinder Morgan Is Playing Tax Arbitrage With Itself

Some shareholders of Kinder Morgan’s affiliated master limited partnerships will pay a steep tax bill to benefit shareholders of Kinder Morgan, writes Victor Fleischer in the Standard Deduction column...
Budget 2013 speech: Six terms everyone should know

Aug 26, 2014

DealBook: In Burger King-Tim Hortons Deal, Consumer Reaction Could Be Crucial

Most Burger King customers are not looking to make a political statement when they buy a hamburger, Victor Fleischer writes in the Standard Deduction column... #Burger King #Tim Hortons Inc. #United States #Canada
Budget 2013 speech: Six terms everyone should know

Aug 25, 2014

Home Sweet RV Does Not Always Produce Best Tax Result

Having recreational vehicles that are considered dwellings for tax purposes is probably, more often than not, a taxpayer-friendly position.  It makes the interest to acquire such vehicles potentially deductible as residence interest, which is handy, ... #Burger King #Tim Hortons Inc. #United States #Canada
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