Are You Confusing Tax Saving with Wealth Building?
Because most people are. Every March, a familiar rush begins, people scramble to find “something” to invest in. Not to build wealth. But to save tax. Suddenly, ELSS, ULIPs, PPFs,…
Are You Pulling Your Weight as a Taxpayer?
We’ve all heard the saying: “In this world, nothing is certain except death and taxes.” But in India, while death is universal, taxes are not always fairly shared. With just…
World is a TAXing Place..
Taxation is perhaps the single biggest expense for any individual. It is a forced expense by the system of every nation. Therefore, if you are looking forward to moving to…
TAXATION OF MUTUAL FUNDS
Equity Funds are short-term investments if the holding period is less than 12 months. In the same line, debts funds are viewed as short-term if the holding period is less…
Many Corporates in a liquidity fix due to GST
Many corporates could face stress on their working capital after a Goods and Services Tax (GST) regulation may lead to hundreds of crores stuck in input tax credit claims. A…
E-Assessment in Income Tax – Critical Assessment
On the lines of PM motto of Maximum Governance and Minimum Government, the Government has launched the much-deliberated scheme of E-Assessment in Direct Tax bringing paradigm shift in the Tax…
Do you possess inherited gold ? Read this …….
Indians are fond of gold like no other nation. But, Gold is often acquired through illegal means, either innocently or intentionally. This often spells trouble for people preserving it. Income…
Kneejerk Reactions on LTCG
“In this world, nothing can be said to be certain, except Death and Taxes” – Benjamin Franklin Sensex lost nearly 850 points yesterday. Lot of blame is being awarded to…