Tax Benefits

Will 2020 be year of pharma sector, Infosys panel gives clean chit on whistle-blower complaint; all this and more on Moneycontrol Pro

The committee determined that there was no evidence of any financial impropriety or executive misconduct.

Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown

There is a likelihood that there will be some revival in the consumer spending in the next two months on account of the festive season demand, which could offer some relief to the economy.

Real estate investment: Homebuyer must look into taxation aspects of rental income, gains from property sale

An individual who has earned long-term capital gains on the sale of real estate can claim an exemption under Section 54 if he reinvests the gain in another property.

Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals

Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.

Donation to Kerala floods: Mobile wallet firms have their heart at the right place but taxpayers inconvenienced

A few other mobile wallet companies have swung into action to mobilise funds for the beleaguered people of Kerala devastated by heavy rains, but how convenient is it for making donations

GST anti-profiteering fund: Amount deposited by erring businesses to be split between Centre and state

Following the rollout of GST, govt set up a national anti-profiteering authority to penalise businesses for failure to pass on tax benefits to consumers

Four southern govts say terms of reference of 15th Finance Commission unfair: Meet brings back North versus South debate

Three non-BJP ruled southern states and Union Territory Puducherry came out against the Terms of Reference stipulated by the Centre in the 15th Finance Commission for devolution of funds to states.

Netflix receives approval to start $500 million production unit in Canada

The government did not tax Netflix as some had proposed, opening the streaming service provider to criticism in Canada.

India's SMEs need to be empowered with access to funds, not mere provisions of accounts, subsidies

Traditionally, SMEs have remained a financially unorganised sector. The operations and ownership of such businesses have remained confined to the family or a small group of associates.

New WPI, IIP series a much required move, but here are a few issues govt should take up

Any index is created based on a basket of goods which exists at a point of time, which is taken to be the base year, and then is tracked either in quantity terms (IIP) or prices (WPI) over a period of time.