Expenses That Can BE Deducted During Sale of Capital Asset

There are several expenses that are incurred in the process of selling a capital asset and the importance of this head is that one has to see whether these are allowed as a deduction from the sale price while calculation of the capital gains or loss is made. Here is a close look at the […]

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Published on : Wednesday 8 October 2014              Filed Under : Tax Tips No Comments

Nokia Hangs Up, Will Lose Its Sriperumbudur Address in November

When the first handset rolled out of Nokia’s Sriperumbudur facility in 2006, it was hailed as a beacon of hope for the region. In fact, disgraced and beleaguered former telecom minister Dayanidhi Maran went so far as to say that the factory would make Sriperumbudur an international hub for telecom manufacturing units. Come November 1 […]

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Published on : Wednesday 8 October 2014              Filed Under : Tax Tips No Comments

Plan Now to Increase your Tax Savings

Now you can start taking advantage of the new tax proposal of budget 2014-15 as the both houses of Parliament have passed the Finance Bill 2014. Revisit your tax- saving strategy for the year to maximise your take-home pay. Reduce your tax outgo. Employees in most organisations already have asked to send revised investment declaration […]

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Published on : Tuesday 7 October 2014              Filed Under : Tax Tips No Comments