Solution is making evaders pay, not taxing super rich
Investing long-term gains in land only won’t give tax benefit

Investing long-term gains in land only won’t give tax benefit

However, if you have acquired a land to construct a house, then the exemption could be availed.
Land held for 36 months is seen as long-term capital asset

Land held for 36 months is seen as long-term capital asset

Period of holding of inherited property is counted from the date of purchase by the original owner.
DYK: Difference between direct and indirect tax

DYK: Difference between direct and indirect tax

In case of indirect tax the person paying the tax to the government can pass it on to someone else.
Senior citizens need to look at regular income

Senior citizens need to look at regular income

A part of the savings should go into building a corpus to tackle inflation-induced increasing costs.
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Examine paperwork to verify the date of sale of an asset
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Examine paperwork to verify the date of sale of an asset

If asset is held for less than 36 months from date of purchase, gains from sale is termed as STCG.
The sin of rushing into saving tax without having goals
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The sin of rushing into saving tax without having goals

Fix your goals, assess your risk appetite, make an asset allocation and then scout for products.
Couples need to invest in sync with goals
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Couples need to invest in sync with goals

Once you have life goals in place, then tax-saving products can be looked at.
Tax saving for singles with no dependants
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Tax saving for singles with no dependants

Go aggressive with equities and add a little fixed income and don’t forget a health cover.
CBDT manual aims to plug leakages in cross-border transfers
Sun, Jan 27 2013. 11 42 PM

CBDT manual aims to plug leakages in cross-border transfers

Draft guidelines circulated internally earlier this month; final guidelines to be made available to public later this year
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