Don't Worry , Be Happy !
Participatory Notes or popularly P-Notes issue has dogged Indian stock market for quite long . The issue of P-notes is once again scaring the Dalal Street . Mr Mukherjee’s statement in the Lok Sabha on Tuesday “ There will be no blanket use of the proposed anti-tax avoidance rules. They will be used only to...
Does your bank charge for issue of passbook? Does the bank stopped issuing passbook? Claim with your bank that RBI wants it to issue the passbook. Here is the latest circular CIRCULAR NO. DBOD NO. LEG. BC 48/09.07.005/2011-12, DATED 4-11-2011 Please refer to our circular DBOD. No. Leg.BC.32/09.07.005/2006-07, dated October 4, 2006on the captioned subject...
Validity of cheque and draft have been restricted to three months from 1st April by RBI ( Reserve Bank of India ) which has issued CIRCULAR NO. DBOD.AML BC.NO.47/14.01.001/2011-12, DATED 4-11-2011 by which it has directed Banks that with effect from April 1, 2012, banks should not make payment of cheques/drafts/pay orders/banker’s cheques bearing that...
Earning tax free income is possible ! And earning even more than 8 % is possible net of tax. In fact tax free ! This is one of the best tax planning tips for those who have surplus money and always try to earn interest income on fixed deposits .The beauty of this tax planning...
Every time you get dividend from mutual fund companies (other than equity oriented funds ) or make redemption of units , there is a charge of tax on the amount of dividend , which although , payable by the mutual fund companies, is actually charged to mutual fund unit holders. So , to that extent...
Capital gains exemption u/s 54 provides relief to a tax payer who gets gains on account of sale of … [Read More...]
Deduction u/s 80E of the Income Tax Act is allowed to individuals who takes education loans for … [Read More...]
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