For example, Company HR Ltd. made $20,000 in FY17-18 and paid a tax of $5000 (assuming a 25% tax rate), but later the company realized that the tax slab was 28%. So then, in this case, $600 must be paid along with next year's tax payment. #4 - Long-Term Provision Provisi...
In case of NRE FD the tenure of deposit varies from 1 year to 10 years. The biggest advantage is the interest received is tax free in India. Also Read:Best NRE Fixed Deposit Interest Rates FCNR(B) FD FCNR (B) or foreign currency non-resident (Bank) are fixed deposit account whereNR...
From a tax perspective, it is like that of physical gold. If you sell a gold ETF unit within three years, there will be a short-term capital gains tax applicable based on your income tax slab. While if a Gold ETF unit sold after 3 years, a 20 per cent long...