After a series of tax somersaults—on inheritance, capital gains , ... This assessment chimed with a report by the Royal Institution of Chartered Surveyors ......

Option to opt out: The NRI can seek exemption from flat rate tax on his `investment income ’ and `long term gains ’ for any particular assessment year . ......

(14) of the Income Tax Act ? The term ` capital assets' means property ... transactions of derivatives w.e.f. assessment year 06-07. Such ......

Jan 31, 2005 ... India is on track for another year of robust growth in 2004/05. .... and corporate income tax bases and strengthening tax administration, ......

The increase in the short term capital gains tax rate from 10% to 15% would hit ... responsible for deduction of income tax shall furnish the information ......

It was accepted that the trustees were resident in the UK for part of the year of assessment ending on 5 April 2001 and so a liability for capital gains tax ......

We recognize income tax related penalties and interest in our provision for ... been specifically quantified but we have made an assessment of our exposure ......

Now, Govern-ment of India has brought out the concept of demerger to tax to .... Capital gains tax is not attracted on the demerged foreign company in the ......

The Corporation may make an additional dividend and/or capital gains distribution in ... of the United States or aliens subject to United States income tax . ......

Plus: capital gains tax the Financial Ombudsman Service review. ... The government has set out the 2008-09 rates and allowances for income tax , ......