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LIFO
Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...- SBI increases minimum auto sweep threshold; check State Bank of India’s new MOD limitState Bank of India has increased the minimum balance for auto sweep. The new limit is now fifty thousand rupees. This applies to savings b...
- How jewellers quietly dodged over Rs 100 crores in taxes using FIFO-LIFO methodIndian jewellers are under scrutiny for potentially using the prohibited LIFO accounting method to underreport profits and evade taxes amid...
- Income Tax Department begins crackdown as jewellers strike gold with accounting trickAmid rising gold prices, some jewellers are under scrutiny for potentially manipulating accounting methods to reduce profits and tax liabil...
- Nifty Smallcap follows LIFO model, be picky; 3 top ideas for the week: Kunal ShahKunal Shah highlights Nifty Smallcap's LIFO model and market volatility. Nifty index remains bearish, with strong support at 21900-21850. N...
- Navigating the crypto tax landscape: A global comparisonSome countries have adopted favourable tax policies towards cryptocurrencies, while others have implemented strict regulations. In this art...
- Confusion prevails over method to tax cryptocurrency gainsThe big question that’s bothering everyone is how are the gains from crypto assets to be calculated?
- SBI arm clears 4 applications for stressed real estate fundAccording to a banking source, more than 100 proposals have already been submitted to SBICAP Ventures by December 31. A source said that se...
- FinMin urged to help home buyers via bail out of stuck realty projectsThe housing ministry has urged the finance ministry to expedite setting up of a “stress fund” to complete stuck housing projects in Noida a...
- Sweep-in deposit account gives higher interest than savings account: Will it suit you?Sweep-in fixed deposits could be a better option than savings account for risk averse investors looking for higher interest. Find out if it...
- Intel invests $40 million in 10 tech-startups such as Hungama.com, Box, JelliThis year Intel is hedging its bets on new technologies emerging in areas such as cloud computing, consumer internet and digital media.
- EEE taxation to EET taxation regimeThe govt is planning to rationalise the domestic savings environment by introducing the tax provisions for specified savings instruments.
- Budget countdown: Textile industry seeks fiscal sops to set off export lossA combination of slowing consumer spend in the US and the appreciating rupee is threatening to unravel India’s apparel story, stitch by sti...
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