Hela

Hela February 12, 2019

There EDMC budget announced on January 22, 2019 has proposed constructing new schools in 10 localities(HT File / Representative Photo ) The cash-strapped East Delhi Municipal Corporation (EDMC) has decided to scrap proposals to impose new taxes in the financial year 2019-20. To cope with losses, then EDMC commissioner Puneet Goel had in December proposed three new […]

Hela February 12, 2019

The implementation of the third municipal valuation committee’s report by the SDMC will result in a substantial increase in property tax for commercial units. (Burhaan Kinu/HT File ) The South Delhi Municipal Corporation (SDMC) has partially approved the third municipal valuation committee’s (MVC) report . While increase in property tax rate for residential properties was […]

Hela February 12, 2019

The finance minister, in his interim budget speech, proposed a complete rebate on tax for those earning up to ₹5 lakh a year, with an eye on middle-class voters before the general elections this year. The beneficiaries of this move could include people with annual income of around ₹10 lakh. This is because various tax […]

Hela February 12, 2019

On January 30, 2019, the Government of India reduced the customs duty on Electric Vehicles (EVs) that are imported in completely knocked down or semi knocked down state from 15-30% to 10-15%. This, the Centre hopes, will make it more attractive to ship greener vehicles into the country than those run on fossil fuels, and […]

Hela February 12, 2019

UK-based Indian doctors and healthcare professionals are campaigning against what they describe as an “unfair” doubling of a health surcharge imposed on professionals from outside European Union (EU) living and working in Britain. The“Immigration Health Surcharge” was introduced in April 2015 and from December last year, it was hiked from 200 pounds to 400 pounds […]

Hela February 12, 2019

The interim budget announced on Februrary 1 has been hailed by developers and realty experts for the good news it brought to the real-estate segment. This includes the increased exemption period for notional tax on unoccupied houses (from a year to two years); no tax on house rents up to Rs 2.4 lakh; rollover of […]

Hela February 12, 2019

ax relief for the middle class was one of the highlights of Finance Minister Piyush Goyal’s Budget 2019 speech. Proposing several changes to the tax structure, Piyush Goyal – presenting the NDA government’s last budget in an election year – proposed no tax on income up to Rs 5 lakh. (Live updates) Read: Highlights of […]

Hela February 12, 2019

In a city of easy entitlements, the right to park outside one’s home for free is perhaps the most ubiquitous in Delhi. Even though roads and roadsides are public space also meant for pedestrians, cyclists and other lesser commuters, Delhi’s car owners seem to own all of it. For a meagre one-time parking fee and […]

Hela February 12, 2019

If your investments in mutual funds are through the SIP route, then calculating the returns that your investments have earned may not be as simple as calculating the returns from a lump sum investment. This is because you have made the investment at different points in time giving each investment a different holding period in […]