Category Archives: Income Tax

Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.

Bonds, how to choose in falling interest rate regimes?

Bonds, how to choose in falling interest rate regimes? Bonds and debentures are terms used interchangeably; both represent long term fixed income securities. The cash flow stream (in form of interest and principal) as well as the time horizon (i.e. the date of maturity) are well specified and fixed. Bond returns can be calculated in […]

Budget proposals relating to income tax return

Budget proposals relating to income tax return The Finance Minister has proposed some changes in the provisions relating to income tax returns. Let us discuss these provisions. Provisions relating to filing of income tax returns At present, an Individual or an HUF has to file its income tax return, before the due date which is […]

Action plan for promoting startups in India

Action plan for promoting startups in India The concept of building a Start-Up environment in India and creating an eco-system for developing entrepreneurship in India, the Government has issued an Action Plan for the ‘STARTUP’s IN INDIA’. The various aspects of the action plan are noted below:-

Trust Registration in India

Trust Registration in India A private trust, created under and governed by the Indian Trusts Act of 1882, aims at managing assigned trust property for private or religious purpose. The law relating to private trusts is governed by the Indian Trusts Act (“Trust law”). A trust is basically a vehicle under which property is transferred […]