Docsity
Docsity

Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity


Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan


Guidelines and tips
Guidelines and tips

Taxation and E-Filing at Rail Vikas Nigam Ltd: An MBA Project Report, Essays (university) of Economic statistics

A project report submitted as partial fulfillment of the requirements for a master in business administration degree at rukmini devi institute of advanced studies. The report focuses on taxation and e-filing at rail vikas nigam limited. It includes an executive summary, literature review, research methodology, analysis and interpretation, findings and suggestions, and a conclusion. The report aims to study taxation provisions of the income tax act, 1961, explore tax planning procedures, and present tax saving avenues.

What you will learn

  • What is the scope and limitations of the study?
  • How can tax planning be simplified for individuals?
  • What is the structure of Indian Railways and its subsidiaries and undertakings?
  • What are the taxation provisions of The Income Tax Act, 1961 as amended by Finance Act, 2007?
  • What are the tax saving avenues under prevailing statutes?

Typology: Essays (university)

2018/2019

Uploaded on 03/08/2019

pradeep2121
pradeep2121 🇮🇳

1 document

1 / 17

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
A SUMMER TRAINING PROJECT REPORT
ON
“A STUDY OF TAXATION AND E-FILLING AT RAIL
VIKAS NIGAM LIMITED
SUBMITTED IN THE PARTIAL FULFILLMENT FOR THE AWARD OF
DEGREE OF MASTER IN BUSINESS ADMINISTRATION 2017-19
UNDER THE GUIDANCE OF:
Mr. HARMINDER SINGH
Assistant Professor, RDIAS
SUBMITTED BY:
Student Name PRADEEP CHAUDHARY
Enrollment NO.-05080303917 BATCH 2017-19
RUKMINI DEVI INSTITUTE OF ADVANCED STUDIES
An ISO 9001:2008 Certified Institute
NAAC Accredited: A+ Grade (2nd Cycle), Category A+ Institution (by SFRC, Govt of NCT of
Delhi)
(Approved by AICTE, HRD Ministry, Govt. of India)
pf3
pf4
pf5
pf8
pf9
pfa
pfd
pfe
pff

Partial preview of the text

Download Taxation and E-Filing at Rail Vikas Nigam Ltd: An MBA Project Report and more Essays (university) Economic statistics in PDF only on Docsity!

A SUMMER TRAINING PROJECT REPORT

ON

“A STUDY OF TAXATION AND E-FILLING AT RAIL

VIKAS NIGAM LIMITED

SUBMITTED IN THE PARTIAL FULFILLMENT FOR THE AWARD OF

DEGREE OF MASTER IN BUSINESS ADMINISTRATION 2017-

UNDER THE GUIDANCE OF:

Mr. HARMINDER SINGH Assistant Professor, RDIAS

SUBMITTED BY: Student Name PRADEEP CHAUDHARY Enrollment N O.-05080303917 BATCH 2017-

RUKMINI DEVI INSTITUTE OF ADVANCED STUDIES

An ISO 9001:2008 Certified Institute NAAC Accredited: A+ Grade (2 nd^ Cycle), Category A+ Institution (by SFRC, Govt of NCT of Delhi) (Approved by AICTE, HRD Ministry, Govt. of India)

Affiliated to Guru Gobind Singh Indraprastha University, Delhi 2A & 2B, MadhubanChowk, Outer Ring Road, Phase-1, Delhi-

3.1 Purpose of the study………………………………………

..………...…

3.2 Research Objectives of thestudy…………………………… …………..

3.3 Research Methodology of thestudy………………………… …….

  1. 3.1 Research Design…………… …… …

…………… ……………......

3.3.2Method of data collection ……………………………… … 3.3.2.1 Drafting of a questionnaire 3.3.3 Sample design…………………………………………………… …………. 3.3.3.1 Population………………………………… ………………………….. 3.3.3.2 Sample size……………………………… …………………………… 3.3.3.3 Sampling method…………………… ………………………………... 3.3.4Duration of the Study…………………………………………………… …………. 3.3.5 Limitations…………………………………………………………… ………

CHAPTER – 4: ANALYSIS& INTERPRETATION 4.1Analysis & Interpretation ………………………………………………….

CHAPTER- 5: FINDINGS & SUGGESTIONS

  1. Findings …………………………………………………………………………..
  2. Suggestions …………………..…………………..…………………..………………
  3. Conclusion …………………………………………………………………………..CHAPTER- 6: CONCLUSION

BIBLIOGRAPHY Bibliography……..………………..…………………..…………………..……………

ANNEXURES (if any) Annexures 1 Annexure 2

STUDENT’s DECLARATION

This to certify that I have completed the project titled “A STUDY ON TAXATION AND E- FILLING AT RVNL “ under the guidance of “Astt.Prof. Harminder Singh “ in the partial fulfillment of the requirement for the award of the degree of “Master in Business Administration” from “Rukmini Devi Institute of Advanced Studies, New Delhi.” This is an original work and I have not submitted it earlier elsewhere.

Name: PRADEEP CHAUDHARY EnrollmentNo.

CERTIFICATE FROM COMPANY

ACKNOWLEDGEMENT I offer my sincere thanks and humble regards to Rukmini Devi Institute Of Advanced Studies, GGSIP University, New Delhi for imparting me valuable professional training in MBA.

I pay my gratitude and sincere regards to Astt Prof.Harminder singh., my project Guide for giving me the cream of his knowledge. I am thankful to him/her as he/she has been a constant source of advice, motivation and inspiration. I am also thankful to him/her for giving his/her suggestions and encouragement throughout the project work.

I take the opportunity to express my gratitude and thanks to our computer Lab staff and library staff for providing me opportunity to utilize their resources for the completion of the project.

I am also thankful to my family and friends for constantly motivating me to complete the project and providing me an environment which enhanced my knowledge.

Name: PRADEEP CHAUDHARY EnrollmentNo.

EXECUTIVE SUMMARY Need for Study

In last some years of my career and education, I have seen my colleagues and faculties grappling with the taxation issue and complaining against the tax deducted by their employers from monthly remuneration. Not equipped with proper knowledge of taxation and tax saving avenues available to them, they were at mercy of the HR/Admin departments which never bothered to do even as little as take advise from some good tax consultant.

This prodded me to study this aspect leading to this project during my MBA course with the university, hoping this concise yet comprehensive write up will help this salaried individual assesse class to save whatever extra rupee they can from their hard-earned monies.

Scope & Limitations

This project studies the tax planning for individuals assessed to Income Tax.

The study relates to non-specific and generalized tax planning, eliminating the need of sample/ population analysis.

Basic methodology implemented in this study is subjected to various pros & cons, and diverse insurance plans at different income levels of individual assesses.

This study may include comparative and analytical study of more than one tax saving plans and instruments.

This study covers individual income tax assesses only and does not hold good for corporate taxpayers.

The tax rates, insurance plans, and premium are all subject to AY 2013-14 only.

ABOUT THE INDUSTRY

Indian Railways (IR) isof Railways. It manages the India 's national railway system operated by thefourth-largest railway network in the world by size, with Ministry 121,407 kilometres (75,439 mi) of total track over a 67,368-kilometre (41,861 mi) route. Forty nine percent of the.routes are electrified with 25 KV AC electric trac�on while thirty three percent of them are double or mul�-tracked. IR runs more than 13,000 passenger trains daily, on both suburban routes, from 7,349 sta�ons across India. The trains have a five-digit numbering long-distance and system. Mail or express trains, the most common types, run at an average speed of 50.6kilometres per hour (31.4 mph) In the freight segment, IR runs more than 9,200 trains daily. The average speed of freight trains is around 24 KM per hour (15 mph) As of March 2017, IR's passenger coaches and 11,452 rolling stock locomo consisted of 277,987�ves. IR owns locomo� (^) vefreight wagons and coach-produc, 70,937�on facilities at several locations in India. The world's1.308 million employees as of March 2017 eighth-largest employer, it had

In the year ending March 2018, IR carried 8.26 billion passengers and transport 1.16 billiontonnes of freight. In the fiscal year 2017-18, IR is projected to have earnings of ₹1. trillion (US$27 billion), consisand ₹501.25 billion (US$7.3 billion) in passenger revenue, with an�ng of ₹1.175 trillion (US$17 billion) in freight revenue opera�ng ra�oof 96.0 percent Structure[edit]Main articles: Indian Railways organisational structure and Zones and divisions of Indian Railways Indian Railways is headed by a seven-member Railway Board whose chairman reports to the Ministry of Railways. IR is divided into 17 zones, headed by general managers who report to the Railway Board.[24][25] The zones are further subdivided into 68 operating divisions, headed by divisional railway managers (DRM). The divisional officers of the engineering, mechanical, electrical, signal and telecommunication, stores, accounts, personnel, operating, commercial, security and safety branches report to their respective DRMs and are tasked with the operation and maintenance of assets. Station masters control individual stations and train movements through their stations' territory. In addition, there are a number of production units, training establishments, public sector enterprises and other offices working under the control of the Railway Board Subsidiaries and undertakings

Market Size Indian Railways’ revenues increased at a CAGR of 9.66 per cent during FY07-FY18 to US$ 27.71 billion in FY18. Earnings from the passenger business grew at a CAGR of 9.90 per cent during FY07-FY18 to reach US$ 7.55 billion in 2017-18P. Freight revenue rose at a CAGR of 9.83 per cent during FY07-FY18 to reach US$ 18.16 billion in 2017-18.