Investing 2016

Showing of 1 - 20 from 38 results
Investing 2016 - Total results - 38
Budget 2016: Tax on EPF shocks the salaried; govt forced to clarify as outrage mounts
Business

Budget 2016: Tax on EPF shocks the salaried; govt forced to clarify as outrage mounts

To bring about parity in New Pension Scheme and other retirement schemes, the government proposed in Budget to impose tax at the time of withdrawal on 60 per cent of the contributions made after April 1, 2016, to EPF and other schemes

Budget 2016: Sebi, Irda to get service tax exemption for regulatory services
Business

Budget 2016: Sebi, Irda to get service tax exemption for regulatory services

The "regulatory services" provided by Sebi and Irda as well as the services offered by EPFO have been exempted from service tax with effect from 1 April 2016.

Budget 2016: This is a make budget for Arun Jaitley, not a break budget, writes Yashwant Sinha
Business

Budget 2016: This is a make budget for Arun Jaitley, not a break budget, writes Yashwant Sinha

Budget 2016 is a make budget not a break budget and it has come as a pleasant surprise.

Budget 2016: Govt raises surcharge on income of super-rich to 15%
Business

Budget 2016: Govt raises surcharge on income of super-rich to 15%

In the last Budget, Jaitley had abolished the wealth tax and replaced it with an additional surcharge of 2 percent on the super-rich with a taxable income of over Rs 1 crore.

Budget 2016: BJP calls it 'visionary', Congress says no 'immediate stimulus' to build disposable income
Politics

Budget 2016: BJP calls it 'visionary', Congress says no 'immediate stimulus' to build disposable income

Finance Minister Arun Jaitley on Monday presented in Parliament the Union Budget 2016-17 in which no change in personal Income Tax slabs has been done while a 4-month Compliance Window for domestic black money holders has been given.

Budget 2016: Jaitley proposes comprehensive central law to check ponzi menace
Business

Budget 2016: Jaitley proposes comprehensive central law to check ponzi menace

However, there is no comprehensive legal framework for all kinds of illicit money pooling schemes they are mostly governed by state-level laws.

Budget 2016: Jaitley plays Santa with rent payers, raises HRA deduction limit to Rs 60,000
Business

Budget 2016: Jaitley plays Santa with rent payers, raises HRA deduction limit to Rs 60,000

In a relief to individual tax payers, Finance Minister Arun Jaitley today increased the tax deduction limit to Rs 60,000 per annum from the current Rs 24,000 on the housing rent.

Budget 2016 Live: Jaitley's has delivered his economic mantra, a year we will know how good it was
Business

Budget 2016 Live: Jaitley's has delivered his economic mantra, a year we will know how good it was

What is making his task particularly difficult is the fact the Narendra Modi government is going through a rough patch due to the heightening criticism over the rising intolerance. The JNU imbroglio and the Rohith Vemula suicide only aggravated the problem.

Budget 2016: A pro-poor budget; adherence to fiscal deficit a big positive, say experts
Business

Budget 2016: A pro-poor budget; adherence to fiscal deficit a big positive, say experts

Here is what experts ranging from macroeconomic, infrastructure to banking sector have to say on Budget 2016

Budget 2016: Bonanza for new workers, govt to contribute 8.33% towards EPS
Business

Budget 2016: Bonanza for new workers, govt to contribute 8.33% towards EPS

To create new jobs, the government has decided to pay 8.33 per cent of wages to EPS on behalf of employers for workers during first three years of employment, and has given Rs 1,000 crore for the same.

Budget 2016: Wooing foreign investors? Govt waives penalty, interest on pending tax disputes
Business

Budget 2016: Wooing foreign investors? Govt waives penalty, interest on pending tax disputes

In order to soothe nerves of foreign investors, the government today offered one-time settlement of cases emanating from retrospective amendment of tax laws, by asking companies to pay the basic tax demand and get waiver for interest and penalty.

Budget 2016: Foreign entities can now own up to 15% stake in stock exchanges
Business

Budget 2016: Foreign entities can now own up to 15% stake in stock exchanges

The Budget decision announced in the 2016-17 Budget speech by Finance Minister Arun Jaitley also comes against the backdrop of demand from various stakeholders who have been seeking higher foreign direct investment (FDI) in stock bourses

Budget 2016: Finance Minister proposes to amend Sebi Act to increase benches in SAT
Business

Budget 2016: Finance Minister proposes to amend Sebi Act to increase benches in SAT

SAT is a statutory body established under the provisions of the Sebi Act, 1992, to hear and dispose of appeals against orders passed by the capital markets regulator.

Budget 2016: Govt proposes FDI relaxation in insurance, food processing
Business

Budget 2016: Govt proposes FDI relaxation in insurance, food processing

In his Budget, Finance Minister Arun Jaitley today proposed to significantly relax the FDI policy in several sectors, including insurance and pension and asset reconstruction companies, to attract more overseas investments.