How much do you know about tax rules?Only one out of three respondents know that the interest received on fixed deposits and recurring deposits is fully taxable.
You could be filing a faulty tax return; here's how to avoid getting it rejectedTo be sure, not reporting a small amount of interest income or claiming a deduction incorrectly rank very low in the hierarchy of tax offen...
IDFC plan to turn into bank faces hurdles over bondsA government official told ET that there are some queries over the treatment of these bonds as banks are not allowed to issue such securiti...
- Query Corner: Taxation
Our expert guides you in matters relating to tax. Email to etquerytax@indiatimes.com.
- Budget impact: Earn less than Rs 8 lakh? Your tax will go up
The removal of tax deduction for infra bonds under Sec 80CCF means that small taxpayers may have to pay up to Rs 4,120 more in tax this yea...
How much tax will you save post-Budget?The savings limit has not increased, but some other changes are significant and helpful for small taxpayers. The hike in exemption and rais...
Budget 2012: 10 things the salaried individuals should watch out forIn this Union budget the exemption limit is expected to be increased from Rs 1,80,000 to Rs 3L . This will increase disposable income of sa...
You can save additional tax through NPSThe little known Section 80CCD(2) provides tax benefits over and above those offered by Sections 80C and 80CCF.
- Smart things to know about infrastructure bonds
The Income Tax Act allows individuals an additional deduction from their total income by investing in infrastructure bonds specified under ...
- Budget & You: Count your gains
The redefining of senior citizens in this year’s budget is a major reform that benefits a growing chunk of the population. ET Bureau looks ...
- IDFC to raise Rs 2,171 cr via bonds
Construction project financier Infrastructure Development Finance Company said it approved a proposal to raise Rs 2,171.67 crore by issuing...
- IDFC bond issue gets Rs 765 cr in second tranche
IDFC today said it has collected approximately 3.88 lakh investor applications for an approximate amount of Rs 765-crore.
- IIFCL launches infrastructure bonds
State-run Indian Infrastructure Finance Company would mop up around Rs 1,200 crore from tax-saving infrastructure bonds to raise resources.
- Query Corner: Taxation
Our expert guides you in matters relating to taxation.
- Larsen and Toubro issues long-term infrastructure bonds
Larsen and Toubro (L&T) Infrastructure Finance Company Limited announced a public issue of long-term infrastructure bonds here on Thursday.
- Banks shouldn't be allowed to float infra bonds: IDFC chief
IDFC has said that banks should not be allowed to raise money through tax-saving infrastructure bonds — a facility which banks have been lo...
- IFCI infra bond big hit among small investors
Exemption for investments in infrastructure bonds is in addition to the investments of Rs 1 lakh in tax-saving instruments.