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tax

Short-term capital gains tax applies if you sell the shares before 12 months of holding

March 29, 2018 Loknath Das MONEY

I am new to stock markets. Please help me understand and calculate STCG. I purchased shares of ABC Co. Ltd at Rs100 and sold at Rs125 and paid brokerage of Re1 on buying and selling […]

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Gratuity for private sector, government employees at par for tax

March 29, 2018 Loknath Das MONEY

The Parliament recently approved the Payment of Gratuity (Amendment) Bill, 2018. The highlight of the Bill is that it will allow the government to raise the limit of tax-free gratuity whenever required, through an executive […]

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Flipkart, Amazon, Snapdeal Argue Against GST’s Tax Collection at Source Provision

February 13, 2017 sristy APP

Flipkart, Amazon, Snapdeal Argue Against GST’s Tax Collection at Source Provision HIGHLIGHTS Flipkart, Amazon, Snapdeal partnered to lobby against a GST provision They want the tax-collected at source requirement removed They argue that this provision […]

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SMB Lending on the Rise, Can Tax Deductions Be Overdone?

January 10, 2017 sristy SMARTPHONE

Small businesses have struggled to obtain loans for the last several years thanks to the sluggish economy. But in the last month, the loan approval rate for small businesses climbed to its highest point since the […]

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Cash received as gift from some relatives is tax exempt

August 13, 2016 sristy MONEY

iStockPhoto I had gifted Rs.2 lakh to my spouse, with which she bought some shares. Who will pay the capital gains tax on the sale of these shares? —Kalpesh Dhar The entire money received by […]

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Google CEO Defends Europe Tax Practices, Warns on Brexit

August 6, 2016 sristy APP

Google CEO Sundar Pichai hit back Sunday at accusations that the global Internet giant failed to pay enough taxes in Europe, and warned of the potential fallout from Britain leaving the EU. As Google faces […]

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Date of house ownership affects tax payout

March 22, 2016 sristy MONEY

HT Five years back, when I bought the house, it was for just Rs.25 lakh. I sold it just last month for Rs.60 lakh, and it’s not even finished yet.” This and many other similar […]

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Apple, Google to Face EU Lawmakers Over Tax Deals

March 16, 2016 sristy SMARTPHONE

Apple, Google, McDonald’s and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay more tax on their profits locally. The hearing, organised […]

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Start-up investment in India to get capital gains tax exemption

March 9, 2016 sristy NEWS

File photo. Announcing the start-up action plan at the concluding session of the Startup India event, prime minister Narendra Modi said Indian youth need to be encouraged to be job creators rather than job seekers. […]

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