Finance : Beta is a measure of an asset's volatility in relation to the overall market. It is a numerical value that indicates how much an a...
Finance : Explore investment opportunities post Lok Sabha elections. Key sectors like economy, infrastructure, railways, and more are promis...
Finance : Learn how to minimize TDS on FD interest and save taxes with tax-saving fixed deposits. Discover strategies, TDS thresholds, and b...
Corporate Law : Learn about the applicability of side letters in investment transactions in India and internationally. Explore judicial pronouncem...
Finance : Confused about which stocks to invest in? This article explains the distinctions between large-cap, mid-cap, and small-cap stocks,...
Income Tax : Special Bench of the Income Tax Appellate Tribunal, New Delhi in the case of Cheminvest Ltd. (ITA Nos.87Del//2008, 4788/Del/2007 ...
Income Tax : Special Bench of the Income Tax Appellate Tribunal, New Delhi holds that expenditure relating to exempt income to be disallowed ev...
Income Tax : CIRCULAR NO. 6/2015, Dated: April 9, 2015 no capital gains will arise at the time of exercise of the option in the case of Fixed M...
Capital gains is considered as one of the most crucial head of income. Since it is that crucial, everybody needs to be doubly sure at the time of computation of tax liability from capital gains. Many times, we observed that there is always a confusion regarding bifurcation of short term and long term capital asset […]
Finance Act, 2017 amended section 10(38) of the Income-tax Act, 1961 (the Act) stating that long term capital gains from transfer of listed equity shares acquired on or after 01 October, 2004, would be exempt from tax under section 10(38) of the Act only if the Securities transaction Tax (STT) was paid at the time of acquisition of such shares.
The idea of generating income from one’s home is great. If a family needs to leave town for short while, the benefits of renting their house out to someone on a short term basis are twofold: security and secondary income. It is on this premise that the concept of short-term rentals is based. A short-term […]
This article summarises the amendment brought in Section 10(38) of the Income Tax Act, 1961, the exemptions provided under the section through notification issued by the central government and discusses few situations where exemption may not be available.
Myths about MIP: Monthly Income Plans or MIPs seem like a good and wide umbrella which will protect the investors from the vagaries of the market weather. It is mostly PERCEIVED to be a risk-free product which will deliver regular incomes month after month in an un-interrupted manner while the original investment remains safe and sound.
#JanoTohMano In contemporary times, the idea of security, which is associated with traditional investments, is obsolete. While they do provide a sense of security yet the question is – is it a smart move on your part to shy away from huge returns which you can easily earn by investing in mutual funds? Well that’s for you to decide.
CIRCULAR NO. 6/2015, Dated: April 9, 2015 no capital gains will arise at the time of exercise of the option in the case of Fixed Maturity Plans (FMPs) by the investor to continue in the same scheme. The capital gains will, however, arise at the time of redemption of the units or opting of the scheme, as the case may be.
A new section 32 AC has been inserted by the Finance Act,2013 to provide a tax incentive by way of investment allowance to encourage huge investment in plant or machinery. This is a new policy of the government which attract the attention of businessman in respect of investment in new plant and machinery. The deduction under section 32 AC is investment linked.
LIC’s Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child. If you are the parent of a child aged upto 17 years, LIC’s Jeevan Ankur is the most suitable insurance plan for you which ensures that your responsibilities are met whether you survive or not and without depending on anyone else.
Tax treatment of savings:-The DTC has proposed contributions up to Rs 3 lakh in a year (both by employer and employee) to any account maintained by a permitted savings intermediary be exempt from tax, and would remain untaxed if it remained in that account. Withdrawals are to be included in income from residuary sources, and taxed accordingly.
