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Taxation of encashed leave depends at what time in your career life have you encashed your pending allowed leaves and if this is done during your working life then it is taxed as salary and in a case when the encashment
Trent, which owns famous brand like Westside, in intra-day trade today jumped by over 2% to hit a new high of Rs. 448.60 per share on the BSE. The surge came after the company said it is seeking shareholders' nod for
In India, tracking the global gold prices which have scaled to six-year peak levels have gone to levels not seen before owing to the indirect tax element i.e. GST of 3%. 24 K gold is today priced at Rs. 34,210
The tax department has been working on improving the online filing infrastructure of both direct (income tax) and indirect (GST) taxes. The continuous improvements to move the tax filing system online, improving transparency and making returns filing system as user-friendly as
Similar to the previous Budgets of the present Modi led government, the attempt will be made at introducing bold reforms to do away with tax evasion whilst at the same time boosting the tax base of the country. At the same
As per a Business Standard report, for the July-September quarter, the government may reduce interest rates by 30-50 basis points on small savings schemes. The step will affect lakhs of depositors in these schemes. Ahead of the elections, for
State-owned Life Insurance Corporation of India (LIC) cut its stake in Axis Bank and Bharat Heavy Electricals Limited (BHEL) by 2 percent each. It has sold over 5.25 crore shares in Axis Bank, representing 2.004 percent stake, through open market transaction.
On Tuesday, shares of SBI Life Insurance fell more than 5 percent after the company's foreign partner, BNP Paribas Cardif said that it plans to sell some of its stake through an offer for sale (OFS) at a steep discount of
Interest rates have remained stable in the last few months. However, the RBI has now cut interest rates twice this year, but, banks have not cut interest rates in the same measure. Here are some FDs to consider for investment that are safe.
Rupee in Tuesday's trade opened against 69.31 previous day's close of 69.35 per US dollar. Crude prices remain steady even as Middle-East tensions continue. Dollar has also lost ground as more of Fed talks have been awaited. Yield on