From the point of retail investors the budget is good; he has given tremendous relief for income tax. Salaried professi
Vodafone challenges Indian tax law
Vodafone Challenges US$2bn Indian Tax BillLondon, June 23: British telecom major Vodafone is challenging in t
'zero tax' sops on pay package of Rs 4 lakh
Difficult to believe, but that is true! As a salaried taxpayer, you can structure your annual pay package of up to Rs 4
Govt Imposes Service Tax On Foreign Tax
Your vacation may now cost more with the government deciding to enforce collection of service tax from all tour operato
Commodity Transaction Tax to stay
The Commodity Transaction Tax (CTT) on the futures market, against which there was an intense lobbying within and outsi
Govt to come out with new income tax code
Government today said it will soon come out with a new Income Tax Code to streamline the taxation structure and reduce
TDS on rental income to be computed minus service tax
Giving some reprieve to corporate houses working out of leased property, the finance ministry has said tax deducted at
Excise Tax to go the e-way
The Coimbatore Central Excise Commissionerate is preparing for the implementation of an e-governance project that is li
Deduction For AY 2008-09
1. House ProperyYou would be allowed a deduction on the investments up to the amount of long term Capital gain on House
Capital Gains 2008-09
Deductions under Capital Gains You should provide data in this section if you have sold any of the following Capital a
Deductions for AY 2008-09
Deductions under House Property You are required to enter data in this section only if you owned a house property whic
Deductions for AY 2008-09
Deductions under SalaryYou are entitled to deduction upto an overall limit of Rs. 1 lakh for any amount that you have i
Important Dates (Advance Tax Payment)Financial Year (FY) - The period from 1st April to 31st March. (For example, FY 20
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