Tag Archives: Rakesh Nangia

Salaries of nuns, priests working in schools liable to tax: Madras HC – Rakesh Nangia

In a significant ruling, the Madras High Court has held that the provisions of the Income-Tax Law are apolitical and areligious in character, and salaries and grants-in-aid to nuns and missionaries are liable to attract tax deducted at source (TDS). Rakesh Nangia, Managing Partner shares his views on aforementioned story for Hindu Business Line- Standalone. Salaries of nuns, priests working in schools liable to tax

India’s first REIT is finally here – Rakesh Nangia

India’s first real estate investment trust (REIT) is soon going to be a reality. The first REIT initial public offering (IPO) by Embassy Office Parks, a Bangalore-based real estate developer backed by Blackstone Group LP, a global private equity firm, is open for investment between March 18 and 20, 2019. The Embassy Office Parks REIT plans to raise ₹4,570 crore through the IPO.
  1. Rakesh Nangia, Managing Partner shares his views on India’s first REIT is finally here for Livemint.
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Angel Tax: CBDT gives effect to DPIIT’s new regime – Rakesh Nangia

The relief for startups facing tax demands for selling shares at a premium to their fair market value will be effective from 19 February, the Central Board of Direct Taxes (CBDT) said in a notification issued on Tuesday. Rakesh Nangia, Managing Partner shares his views on aforementioned story for following publications: angel-tax-cbdt-gives-effect-to-dpiits-new-regime

Interim Budget, 2019 – Our Experts Take – Rakesh Nangia

This Interim Budget was a statement of achievements of the government with respect to its earlier goals and targeted specific policies for the farm, middle-class taxpayer and real estate sector among others. The focus of the interim budget has been on poor and backward classes, farmers and labour, with proposals for budget allocations towards various new schemes aiming at uplifting/ supporting them. Here are our experts sharing their take from Interim Budget, 2019 for leading publications: Mr. Nangia contributed an article on Union Budget 2019: A revolutionary Interim-budget for Financial Express. Mr. Nangia shares his views on Budget 2019: Bonanza for the country’s middle class in an election year, Piyush Goyal proposes doubling tax exemption for IANS (This news has been picked up 28 other news publication including Business Standard, Zee Business, Money life tec.) Mr. Nangia shares his views on Budget 2019 :Rise in TDS limit to benefit small depositors for Hindu Business Line Mr. Nangia shares his views on Budget 2019: Government allows reinvestment of capital gains in two homes for Financial Express. Mr. Nangia shares his take on Budget 2019 for Taxsutra Suraj Nangia and Sandeep Jhunjhunwala contributed an article on Union Budget 2019 budget analysis: After income tax benefits, FM Piyush Goyal can ask individual taxpayers, how’s the josh for Financial Express. Tax calculations data sheet on personal tax has been carried in Hindu Business Line Tax calculations data sheet on personal tax has been carried in Financial Express Mr. Nangia shares his views on Budget 2019: Boost for real estate sector for Financial Express. Mr. Nangia shares his views on Budget 2019: BUDGET 2019 : A step to alleviate rural distress, boost farm income for Financial Express. Neha Malhotra, Executive Director contributed an article on Painless taxation: How to reduce your income tax outgo with Budget 2019 provisions for Financial Express. Interim Budget, 2019- Our Experts Take