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Thu, Feb 14 2013. 04 32 PM IST
Solution is making evaders pay, not taxing super rich
Taxpayers with income above Rs.20 lakh already contribute 63% of the tax collections.
Wed, Feb 13 2013. 06 18 PM IST
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.
Wed, Feb 06 2013. 05 45 PM IST
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.
Mon, Feb 11 2013. 08 28 PM IST
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.
Wed, Jan 30 2013. 07 29 PM IST
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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More From tax planning
Wed, Jan 30 2013. 07 29 PM IST
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.
Wed, Jan 30 2013. 07 29 PM IST
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.
Tue, Jan 29 2013. 07 51 PM IST
Couples need to invest in sync with goals
Once you have life goals in place, then tax-saving products can be looked at.
Tue, Jan 29 2013. 01 42 PM IST
Tax saving for singles with no dependants
Go aggressive with equities and add a little fixed income and don’t forget a health cover.
Sun, Jan 27 2013. 11 42 PM IST
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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