Advance tax collections grow by 6.1% in state

Advance tax collections in the state recorded 6.1% growth in 2014-15 till September 15, in what could be seen as initial signs of revival of economy. According to the latest data of the income tax department, Rs 11,680 crore in taxes were collected by September this year in comparison to Rs 10,998 crore last year […]

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Published on : Monday 6 October 2014              Catagory : Tax Tips No Comments

Cut Home Loan Interest: Credai

An appeal was given to the Reserved Bank of India to reduce the home loan interest rates by the Confederation of Real Estate Developer’s Associations of India.The RBI, in its fourth bi-monthly monetary policy announced on Tuesday, kept key rates unchanged. A revision of rates is expected to spur the demand for housing which has […]

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Published on : Wednesday 1 October 2014              Catagory : Tax Tips No Comments

Jaya Bail Plea Cites Health Condition

Raising a cocktail of grounds, ranging from health and humanitarian considerations to security threat and an unreasonable fine of 100 crore, deposed chief minister J Jayalalitha on Monday filed an appeal in the Karnataka high against her conviction in the disproportionate assets case by a special court on Saturday. The immediate relief sought by her […]

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Published on : Tuesday 30 September 2014              Catagory : Tax Tips No Comments