Page 15 - Tax
ICAI revises syllabus for CAs; topics on CSR, GST added
Chartered accountants' apex body ICAI has revised its education and training system
Income tax returns filed up 25%, advance personal income tax by 42%
The income tax returns filed in the current fiscal has seen a 25 per cent increase
Reader's corner: Taxation
Kuldip Kumar, partner and leader, Personal Tax, PwC India, answers your questions
 "Reader's corner: Taxation")
Investment tips: How to reduce tax outgo by setting off losses
Sale of some assets at loss effective tax-saving tool, provided you've filed I-T returns within date
 "Investment tips: How to reduce tax outgo by setting off losses")
Trump era and return of the NRI: Tips for people shifting back to India
Determine tax residency status, pay taxes, get bank accounts re-designated and buy insurance covers
 "Trump era and return of the NRI: Tips for people shifting back to India")
Use rolling returns to select consistent tax-saving funds
The funds included have beaten their benchmarks 90% of the time or more
 "Use rolling returns to select consistent tax-saving funds")
Relief for genuine share transfers as govt softens capital gains tax blow
CBDT lists three scenarios where securities transaction tax would be levied
 "Relief for genuine share transfers as govt softens capital gains tax blow")
Taxing times: Make an early start on tax planning
Maintain asset allocation and invest based on risk profile
 "Taxing times: Make an early start on tax planning")
Govt must step up work on GST rules, fitment in tax slabs: Industry experts
The comments come in as the Lok Sabha on Thursday rejected amendments to the Finance Bill
 "Govt must step up work on GST rules, fitment in tax slabs: Industry experts")
Profitable companies, no taxes: Here's how they did it
Companies took advantage of array of tax loopholes and aggressive strategies
 "Profitable companies, no taxes: Here's how they did it")
Higher tax fears spur capital restructuring in Corporate India
Inter-se transfers worth Rs 1.5 lakh cr in RIL, Aurobindo
 "Higher tax fears spur capital restructuring in Corporate India")
Story in numbers: How tax-compliant are our lawmakers?
75% of MPs and MLAs nationwide declared annual incomes less than Rs 10 lakh
 "Story in numbers: How tax-compliant are our lawmakers?")
Vikas Vasal: Towards a better tax policy
General Anti-Avoidance Rules come into effect on April 1
Lower tax rates possible when all pays dues: Piyush Goyal
Goyal also appealed to the charter accountants to suggest their clients to pay their taxes
 "Lower tax rates possible when all pays dues: Piyush Goyal")
Indirect tax revenue jumps 24% in April-January; direct tax up 10.79%
Service tax revenues too recorded an increase of 22 per cent at Rs 2.03 lakh crore
 "Indirect tax revenue jumps 24% in April-January; direct tax up 10.79%")
CBDT to taxman: Step up survey operations to check non-deduction of TDS
Aims to boost collections as Rs 2.85 lkh cr revenue netted till Jan 31, Rs 3.5 lkh cr was the target
 "CBDT to taxman: Step up survey operations to check non-deduction of TDS")
No decision yet on imposing tax on cash transactions above Rs 50,000: Das
Reduction in corporate tax cannot be done overnight but in phases because of fiscal constraint, said Shaktikanta Das
Flood of cash swamps I-T, overstretched taxmen hunt for signs of evasion
Authorities are now scrutinising the paper trail for signs of tax evasion-and chasing suspects.
Govt puts on hold its move to tax indirect transfers
Foreign investors highlighted issue of possible multiple taxation of same income
 "Govt puts on hold its move to tax indirect transfers")
Vikas Vasal: A revolution in the making
Information exchange agreements between governments are potent tool in crackdown on tax arbitrage
![[object Object], A revolution in the making](https://bsmediappd.business-standard.com/_media/bs/img/article/2015-09/16/full/1442350409-3673.jpg?im=FeatureCrop,size=(328,185) "[object Object], A revolution in the making")
