Angel tax is a prime example of how even well-intentioned actions can backfire. The difference between the issue price of unlisted securities and their fair market value (FMV), which must be calculated by a merchant banker using either the book value technique or discounted cash flow …
A fund Will Be Treated As A Corpus Only If Followed By A Specific Written Direction Of The Donor. In The Absence Of A Written Direction Of The Donor, A Contribution Or Grant Cannot Be Transferred. Still, The Corpus Fund Is A Closed Fund With No …
For now, taxpayers can choose between the old tax regime and the existing new tax regime. The proposed new tax regime will be applicable to the income earned in the new financial year Finance Minister Nirmala Sitharaman, in the Union Budget 2023-24, has proposed several changes …
Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the fiscal year beginning 1 April.As proposed by the finance minister in the Union Budget for 2023-24, a large number of commonly used items like kitchen electric chimneys will become more expensive. Here’s is …
Finance Minister Nirmala Sitharaman announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh under the new tax regime. She added that while the new tax regime would be the default, taxpayers could opt for the old one. The …
Seven priorities of the budget Inclusive development Reaching the last mile Infra & investment Unleashing the potential Green growth Youth power Financial sector FY-2024 fiscal deficit target at 5.9% of GDP. Outlay for capital spending increased 33% to 10 trillion rupees in 2023/24. Cigarettes to get …
Publicans have called on the Government to extend the current 9 per cent VAT rate for tourism and hospitality beyond February, and provide energy supports in Budget 2023. Licensed Vintners Association (LVA) chair Alison Kealy told BreakingNews.ie that a lot of publicans have seen their energy …
