tax planning tips

Kisan Vikas Patra or KVP is relaunched by the government which was discontinued by the earlier UPA government  from December 1, 2011 following the...

This site had earlier posted an article Tax Planning :Debt Funds better Than FD , It Gives Tax Free & TDS Free Return !...

Buying is only one way of becoming owner of property. In India, people become owner of the property through WILL or Gift or as...

Creating Private Trust can be good future planning for any child, wife or loved ones about whom you may be concerned with questions like...

Selling inherited property ( other than agricultural land  which is not a capital asset  under Income Tax Act) does give rise to income (generally...

Clubbing of income of children u/s 64(1A ) of the Income Tax Act is a law for restricting taxpayers to evade tax by distributing...

There are recent developments affecting tax treatment of derivative transactions in India. It is perhaps known to everyone derivative transactions or in other words...

In the past, creating private trust for tax saving was so rampant , that government was forced to bring in amendments and provision under...

Interest u/s 234B is payable once it is found that the taxpayer has not paid 90% of the tax on estimated income during the...

Non Resident Indians when come back to India , it is but natural that they will bring various assets and money earned by them...