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Did you lose a lot of money in stocks this year? Here's how to use those losses to pay less tax- Tax rules you need to know for gold and silver ETFsRecord inflows into gold and silver ETFs highlight investor interest amidst market volatility. The article details the tax implications for...
- Man sets-off Rs 5.18 crore short term capital loss from shares against Rs 5.21 crore LTCG; tax dept sent notice; he wins case in HCA taxpayer has won a significant victory in the Bombay High Court. The court allowed the set-off of short-term capital loss against long-te...
- Man cuts taxable income by Rs 25 lakh by setting off losses from shares and mutual funds against current LTCG: ITAT Delhi clarifies rulesITAT Delhi ruled that brought forward long-term capital losses and current year's short-term capital losses from shares and mutual funds ca...
- Infosys’ Rs 18,000-crore share buyback: Don’t ignore this important tax implicationInfosys' Rs 18,000 crore share buyback closes today, with investor focus shifting to the new tax regime. Under the revised rules, buyback p...
- Error in ITR-2 online utility: CA highlights technical bug which may lead to taxpayers with capital gains income, carry forward loss getting scrutiny notices laterA Chartered Accountant has identified a technical error in the ITR-2 online utility, causing inconsistencies between loss adjustment and ca...
- ITAT validates set-off of STCLs against LTCGs, affirming taxpayer rightsThe ITAT upheld the legitimacy of setting off short-term capital losses against long-term capital gains, dismissing the tax department's cl...
- STC, MMTC & PEC to be denotified for exim transactionsThe three PSUs are under the administrative control of the commerce and industry ministry which was studying their work.
- ED arrests director of Hong Kong firm in spices trading corporation fraud caseThe man was named as an accused by the agency in its charge sheet filed in this case in March, 2019 before a special PMLA court in Bengalur...
- Sundaram Asset Management Co-Principal deal gets CCI nodCompetition Commission of India has cleared Sundaram Asset Management Company Ltd's (SAMC) proposed deal to acquire the asset management bu...
- Apparel, made-ups exports get 1% ad hoc sopThe textile ministry has announced a special one-time additional ad hoc incentive of up to 1% of free on board (FoB) value for exports of a...
- How to calculate capital gainsA proper step by step methodology can help an assessee calculate his capital gains instead of hiring the services of a chartered accountant.
- BSNL, Air India, MTNL worst performing PSUs in FY 17BSNL, Air India and MTNL incurred 55.66 per cent of the total losses suffered by the top ten loss-making CPSEs in 2016-17.
- Need to plug bonus stripping, buyback gapsUsing InvIT kind of structure to monetise operating assets will release capital to government.
- SAIL, BSNL, Air India worst performing PSUs in FY16: SurveyThe top 10 profit-making companies accounted for 63.46 per cent of the total profits made by all (165) CPSEs during the year.
- ONGC most profitable CPSE, BSNL biggest loss-makingNumber of people working in central public sector enterprises declined further in 2013-14, while state-run oil explorer ONGC was the most p...
- Cardamom auctions come under scrutiny following rate hikeAs Spices Board pitches for more auctioneers the existing ones try to protect their turf.
- Government recommends winding up of loss-making STCLGovt has recommended winding up of loss-making STCL saying the firm has suffered massive liability of Rs 1,208 cr on account of fraud and c...
- Rs 20 crore spice park to be commissioned at Chhindwara, MPThe first in the series of seven Spices Park being set up by the Spices Board would be commissioned at Chhindwara, Madhya Pradesh on Februa...
- STCL launches Flavourit brand of spices in US mktSTCL has launched "Flavourit", a brand of spices (organic products) in the US market and is in the process of appointing distributors in ot...
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