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Taxation News


Avoidance of double taxation between India and Luxembourg

   21 February 2008 at 17:28

The Union Cabinet today gave its approval to the Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on income and on capital between the Government of India and the Government of the Grand Duchy of Luxem ..

Posted in Taxation |   685 Views


NORMS FOR FILING TDS/TCS RETURNS

   13 February 2008 at 08:57

All tax deductors / collectors are required to file the TDS/TCS returns in Form No.24Q (for salaries), Form No.26Q (for payments other than salaries) or Form No.27EQ (for TCS). These forms require details of all tax deductions with name and permanent ..

Posted in Taxation |   1088 Views


Norms for filingTDS/TCS returns

   13 February 2008 at 00:15

All tax deductors / collectors are required to file the TDS/TCS returns in Form No.24Q (for salaries), Form No.26Q (for payments other than salaries) or Form No.27EQ (for TCS). These forms require details of all tax deductions with name and permanent ..

Posted in Taxation |   1110 Views


FICCI suggest taxation of income tax of real estate investment trusts on lines of mutual funds

   11 February 2008 at 14:17

NEW DELHI, February 5, 2008. Taxation of income of Real Estate Investment Trusts (REITS) on the lines of mutual funds, permission to investment in housing development activities, exemption of capital gains tax on the sale of assets of REITS and VAT a ..

Posted in Taxation |   1027 Views


Delhi govt to impose environment fee on diesel

   10 February 2008 at 16:32

The Delhi government has decided to impose an environment fee on the sale of diesel at Re 0.25 paisa per litre and use the garnered funds to promote clean air policies in the city.The Delhi Pollution Control Board has issued directions to Tax departm ..

Posted in Taxation  1 comments |   1194 Views