Affordable properties lose sheen while luxury picks up..

Affordable properties lose sheen while luxury picks up: Magicbricks’ PropIndex reports Buyers remained cautious but searched well for aspirational homes. Developers remained restrained but projects reached completion stages as all segments of the market prepared for a growth…

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Dewan Housing - OUTPERFORMER

by CSEC Research, Chennai DHFL’s loans grew 23.4%YoY to INR 468.6bn in 1QFY15, led by improvements in sanctions (+23.7%YoY) to INR 59.1bn and disbursements (+20.3%YoY) to INR 43.4bn. Growth in loans was primarily led by self-employed loan segment (+45.7%YoY) and Government s…

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BUDGET 2014-15: Presumptive Taxation For All Resident Taxpayers

All resident taxpayers Business Rate at which income is presumed  Small Business Sales less than Rs. 1 crore 8 % of gross turnover/ or receipts Plying, hiring or leasing goods carriages (person should not own over ten goods carriages at any time during  the previous year) Rs. 7,…

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BUDGET 2014-15: Presumptive Taxation for NRI

In the case of a non-resident Indian (NRI) taxpayer  Business Rate at which income is presumed Shipping 7.5 % of gross receipts Exploration of mineral oil 10 % of gross receipts  Operations of Aircraft 5 % of gross receipts Turnkey power projects 10 % of gross receipts

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BUDGET 2014 - 15: Short-term & Long-term Capital Gains

BUDGET 2014 - 15 : Capital Gains -  Short-term and Long-term  Particulars Short-term Capital Gain Tax Rates Long-term Capital Gain tax Sale transactions of equity shares / unit of an equity oriented fund / unit of business trust which attract STT 15% Nil Sale transaction other…

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BUDGET 2014 - 15: Special Income Tax Rates for NRIs

Special Rates for Non-Resident Indians (NRIs)  The following incomes in the case of non-resident Indians are taxed at special rates on a gross basis: Nature of Income Rates Dividend  20% Interest received on loans given in foreign currency to Indian concern or GOI (Govt Of India) …

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BUDGET 2014 - 15: Dividend Distribution Tax..

Dividend Distribution Tax (DDT) (1) Dividends distributed by a Domestic Company are exempt from income-tax in the hands of all shareholders. The Domestic Company is liable to pay DDT at 16.995% (inclusive of surcharge & education cess) on such dividends. (2) For computati…

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