Wednesday, July 27, 2011

“Income tax filing in India for the NRI’s” plus 3 more

“Income tax filing in India for the NRI’s” plus 3 more


Income tax filing in India for the NRI’s

Posted: 27 Jul 2011 03:45 AM PDT


The last date of filing the income tax returns, 31st July is fast approaching and for those NRIs, who are confused if they are liable to file returns in India, then here is the solution. If you are a Non Resident Indian then you will have to file returns in India if either of the conditions are fulfilled.

First of all the income in India in the year 2010-11 must be above the basic exemption limit of Rs. 1.6 lakhs or you must have earned a long term or short term capital gains from the sale of any assets or investment even if they are less than the exemption limit.

However, there are a few exceptions to these conditions also. If the taxable income consists of just the investment income i.e. the interest, and the capital gains and the tax has been deducted at the source, then you do not have to file returns.

Another exception is that if the long term capital gains are earned from the sale of equity shares or equity mutual funds, you do not have to pay any tax.

CTET results 2011 announced by CBSE on 26th July

Posted: 27 Jul 2011 12:03 AM PDT


The results of the Central Teachers Eligibility Test (CTET) has been announced by the Central Board of Secondary Education (CBSE) on the 26th of July 2011. The board has declared the results at the official website.

The Central Teacher's Eligibility Test for the year 2011 was conducted on 26th June 2011 across 86 cities at 1178 centres in India including two centres abroad. More than 7 lakh candidates had appeared for the examination.

The mark sheets and the certificates of the candidates will be sent to them by 26th August 2011. The candidates, who are looking for the results can check their results by clicking here.

The results were published at 4 pm on Tuesday. The Central Board of Secondary Education conducts the Central Teachers Eligibility Test every year on behalf of the Indian Government. The candidates can have any number of attempts to acquire the CTET certificate. Moreover, the candidates can also appear for the examination just to improve his/her score.

HSC supplementary exam results 2011 to be announced on 27th July

Posted: 26 Jul 2011 11:47 PM PDT


The Higher Secondary Certificate supplementary exam results of science and general stream, will be declared today on 27th July 2011. The results of the HSC will be announced by the Gujarat Secondary and Higher Secondary Education Board.

For the first time the GSHSEB has conducted the examinations for the students, who had failed in two subjects. More than 40,000 students had appeared for the supplementary examinations for the year 2011.

This year for the first time the board will not be giving away the mark sheets to the appeared candidates on the day of the results. The students will get their mark sheets only on Friday.

After the results have been announced the students can click here for the results. Meanwhile, the results of the supplementary exam of SSC will be declared on Thursday. More than 1,30,000 students have appeared for the exam. The printing of the mark sheets is still in progress. The students are requested to maintain patience while accessing the official website as it might not respond properly due to heavy web traffic.

CBSE activates depository to check authenticity of certificates

Posted: 26 Jul 2011 05:08 AM PDT


The CBSE result depository along with the National Securities Depository Limited and the Central Depository Services (India) Limited have activated a depository to check the authenticity of the mark sheet of the candidate. The students and the employees can check the link http://www.ndml.in.

The users who wish to check the authenticity of the statement of marks and certificate have to be registered with the board. The users can then enter the roll number of the CBSE student as well as the password to access the mark sheet and the certificate.

The step has been taken by the government in order to reduce the chances of the mark sheet forgery. The depository will be displaying the results of the 12th class examinations of the CBSE as well as the Central Teacher Eligibility Test.

Vineet Joshi, the chairman of the board has said that the students who have passed the examination of 12th class or CTET can download their certificates from the depository. Moreover, the employers can also verify the hard copy of the certificates through the website.

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