by Vidya Kumar | Oct 18, 2013 | Smitha Hari, taxation
SUMMARY: Tax Planning not only involves making the right investments, but also involves taking proactive steps in making these investments and collecting the investment proofs on time. Adopt an organized approach by maintaining a log of all your investments for...
by Vidya Kumar | Oct 8, 2013 | financial planning, taxation, Vidya Kumar
Summary – Tax planning is an important component of personal finance and you must invest time to understand it and do it for your income. There are different ways to minimize tax liability and depending on your income and risk profile, you should choose the...
by Vidya Kumar | Aug 16, 2013 | taxation, Vidya Kumar
The magical three words for most persons employed in the corporate world are ‘Salary is credited’. But there is a big difference in the compensation mentioned in your appointment letter and the amount that finally gets credited in your bank account...
by Vidya Kumar | Jul 6, 2013 | Smitha Hari, taxation
We are in the first half of July, and soon it will be time for you to file your returns as the last date in July 31st. This year, you will be required to file your returns online if your taxable income has crossed Rs. 5 lakhs for the year ending March 2013. This is...
by Vidya Kumar | May 1, 2013 | taxation, Vidya Kumar
The other day my colleagues and I were discussing about LTA and I realized that no one really knows everything about LTA. People are not clear as to when they can claim it, what can they claim as part of LTA or for whom they can claim it. Here we have attempted to...
by Vidya Kumar | Mar 21, 2013 | Investment, taxation
In the Finance Bill this time the Finance Minister Mr. P. Chidambaram proposed a withholding tax @1% to be deducted by every buyer from any amount payable to the resident seller if the sale consideration for transfer of immovable property, other than...
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