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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

Jul 11, 2014

Your Money Adviser: Day Camps Help Working Parents Enjoy the Summer, Too

For families with school-age children, day camps provide an entertaining and often tax-deductible way to fill the summer child care gap...
Budget 2013 speech: Six terms everyone should know

Jul 25, 2014

NFL Fines, Suspends Ray Rice: Is The Hit To His Wallet Tax Deductible?

The NFL will suspend Baltimore Ravens running back Ray Rice for two games for his off the field behavior in February. Rice was also hit with a fine for violating the NFL's personal conduct policy. While the conduct was personal, the violation was bus... #Baltimore Ravens #National Football League #Ray Rice
Budget 2013 speech: Six terms everyone should know

Jul 01, 2014

Con man sentenced to 5 years for bogus tax claims

A tax preparer who scammed the IRS out of nearly $2.6 million by claiming bogus deductions, expenses and credits for poor Bronx residents was sentenced to almost five years in prison Monday in Manhattan Federal Court... #Baltimore Ravens #National Football League #Ray Rice
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