Advance tax is one of the major tools used by the Govt. to collect tax from the assesses all over India. This prepaid form of tax is designed in such a way that an assessee is made to pay tax to the Govt. in a ‘Pay as You Earn Scheme’. This mainly aims at reducing the last...
When share transfers are in the name of the same person, there is no tax liability. Capital gains will be calculated from the date of original purchase and not the transfer date. If you transfer shares to your spouse or children and supported by a valid gift deed, there is no tax liabil...
Swapna,the first accused in gold smuggling case in Kerala which strikes a fresh controversy in Kerala politics as she linked to IT department which is under the direct control of Chief Minister Pinarayi Vijayan,is still absconding. The Customs officials have strengthened efforts to arrest her. The...
After First Year premium: ULIPs are very expensive product and bit tricky in its calculation. The expense varies anywhere from 20% to70% of first years premium.Do check the same and if you find those heavy expenses,say thanks to your Agent & get your insurance bond laminated so that not ...