Don't Worry , Be Happy !
A three judge bench of hon’ble Supreme Court in Central Bank of India Vs State of Kerala & Ors [(2009) INSC 435; (2009) 4 SCC 94: Decided on 27.02.2009 has settled the controversy about the priority of claim on assets of debtor by the State and other secured creditors like Banks and others. The Supreme...
Income Tax Act 1995 governs the taxation of resident Mauritian companies. Under the law prevailing in Mauritius , taxable income includes rents, dividends, royalties and interest; however, dividends paid by 'tax incentive' companies, companies listed on the stock exchange, and companies which pay the full tax rate are exempt from tax in the hands of the receiving shareholder, whether resident or not.Most importantly ,there is no tax on capital gains arising on investments in shares
These are the twenty four answers on FAQs given on EPFO site. Read and enrich yourself 1) Who will be covered by the Pension Scheme? Every member of the ceased Family Pension Scheme 1971 and anyone who joins any covered establishment on or after 16-11-95 is compulsorily to join this scheme, provided his/her salary/wage is...
When one takes loan against property , it is called mortgage of property.This loan can be utilsed for any purpose.The borrower has to payback the loan with interest , generally as equal monthly installment (EMI ) .
Reverse mortgage is a new concept in India and the Government wants to popularize it for the benefit of senior citizens of this country. The main purpose of popularizing the concept of reverse mortgage is to provide income to the senior citizen who may have an asset in form of house property , but not regular income. Some of the important
PAN and TAN applications require you to fill up the the jurisdiction in which the applicant is … [Read More...]
Deduction u/s 80D of the Income Tax Act provides relief to tax payer by allowing a deduction in … [Read More...]
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