Trading Ideas
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Classroom - Basics of Income Tax Act, 1961
Posted: 04 May 2009 12:37 PM PDT
The Income Tax Act we are currently following is Income Tax Act, 1961. The
simple meaning of this act is to pay tax on CHARGEABLE income which we earn
through any business or any other sources. Few incomes are exempted from tax
and so if we earn only that income then we are not liable to pay taxes.
After the Bell : 04 – 05 - 2009
Posted: 04 May 2009 07:01 AM PDT
Simply magnificent !! that we can say after a splendid performance of Indian
indices today. Indices traded and closed above 12,000 mark for almost after 7
months. Indices started its journey for May series on magnificent nod. As we
updated in our weekly call and derivative analysis that market will continue
its journey towards north. [...]
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