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The Times of India
The Times of India Congress MLAs’ meet with Shinde, Ashok Chavan sparks buzz
Congress MLA Hiraman Khoskar met CM Eknath Shinde amid cross-voting allegations. Shiv Sena's Desai pushed Congress to act. Speculation arose of Congress MLAs joining Mahayuti after Mahayuti's victory. Khoskar discussed MMRDA works and relief for 300 families, alleging defamation. Secret voting identified cross-voters; AICC intervened. Deglur is in Ashok Chavan's stronghold; Patole awaits action soon.
The Times of India Classroom comedy turns into tragedy: 16-year-old boy stabbed
On Monday in Janakpuri, New Delhi, a Class X student stabbed a Class XII student following an argument that escalated from a joke. According to police, classmates rescued the victim, who was then transported to the hospital in serious condition by the teacher-in-charge. The incident is under investigation.
The Times of India Eyeing your share: Buyback will now be taxed as dividend income
Shareholders are already paying tax at slab rates on dividend received by them. The Budget proposals have gone a step ahead. Consideration received on buyback of shares will now be treated as dividend income in the hands of the shareholders. As a result, buyback will lose its sheen for investors soon. As the new scheme of taxation of buyback will apply only from Oct 1, companies may initiate buyback schemes at the earliest, to complete the process by Sept 30.
The Times of India Indexation gone. How about selling old house and buying a new one?
Inflation is no longer your best friend if you plan to sell a property. For years, Indians had the option of reducing tax on profit made from selling a house by making use of what is called 'indexation benefit'. It allowed the difference between purchase and sale price of a house (profit) to be reduced by the inflation rate that prevailed during the time property was owned.
The Times of India Capital pain: Tax hike to eat into your profit
The Times of India High Court relief for ED officials in Karnataka tribal funds scam
The Times of India High Court relief for ED officials in Karnataka tribal funds scam
The Times of India Congress CMs to skip NITI Aayog meet over 'Budget bias'
The Times of India Roof over head for 1 crore urban poor in next 5 years
A central assistance of Rs 2.2 lakh crore over the next five years is aimed at meeting the housing requirement of 1 crore urban poor and middle-class families under Pradhan Mantri Awas Yojana-Urban. Govt has also proposed an interest subsidy to provide loans at affordable rates. FM Nirmala Sitharaman said 3 crore additional houses under Pradhan Mantri Awas Yojana (PMAY) in rural and urban areas had been announced and for this, the necessary allocations were being made.
The Times of India Budget 2024: How TCS is set to become less TDS for salaried class
Individuals miffed at tax collection at source (TCS) proposals have now been offered a small relief - provided they have salary income. At present, a salaried employee may declare income, such as bank interest and rent, to their employer, who factors this and, accordingly, deducts a higher tax against the monthly salary. The employee then does not have to worry about paying advance tax as adequate tax has already been withheld.
The Times of India Budget 2024: Out with old, new makes news
In another indication that the old tax regime will be eased out, finance minister Nirmala Sitharaman has tried to make the new tax regime more attractive for taxpayers. She has increased the standard deduction for salaried class by Rs 25,000 from Rs 50,000 to Rs 75,000 while keeping it at the same level of Rs 50,000 for the old regime. This means that tax liability across slabs will reduce by Rs 7,500 which, with 4% education cess, will become Rs 7,800.
The Times of India Ramen Barua goes missing, last seen on Brahmaputra riverbank
The Times of India UP slaps Gangsters Act on mastermind of various leaks, 22 accomplices
The Times of India UP slaps Gangsters Act on mastermind of various leaks, 22 accomplices
The Times of India Strongroom was breached, papers photographed hours before NEET: CBI
