Assets belonging to others but includible in the net wealth of the individual :- Sometimes people transfer their wealth to the relatives for escaping from wealth tax. Gift made by book entries are also taxable as wealth until the wealth tax officer
The current situation indeed is compelling the taxpayers to expect that the government may consider some tax reliefs, especially since the coming budget may be the last one to be presented by the government before the next general elections High i
What if I say you, WIPRO SHARES: Rs 10,000 Worth is now = Rs 400,00,00,000 (four hundred Crores) Nope dont blink ur eyes.!! Its very much true. Patience can conquer destiny, says an Irish saying. Apt in aspects of life, this s
There were reports in the magazines, T.V. Channels, and in other media about increasing number of cases of heart disease, diabetes,
My friend Atul walked into my office recently. He had read that the Reserve Bank of India (RBI) had deregulated savings bank account rates. How will this affect me or my finances? he enquired. In order to fully asce
Background: Before making a study of Point of Taxation Rules, it is important to know the objective of introduction of these rules. Under any Indirect Tax, the process of levying tax is governed by two events. These a
Everybody directly or indirectly was HIT, and HIT HARD by the turbulent roller coaster ride the financial market experienced during the last three years. Like others, I too got a bolt on my neck. However when I look back, it looks like a fair deal
Hii...every one.. 1st of all Thank you very much for liking my last 2 articles... I hope it helped to those who were really in need this.. I know my articles are quite unique but not unrealistic... One should keep one thing in mind that "IPCC i
In April this year, the Insurance Regulatory and Development Authority (Irda) raised premiums for motor third-party liability insurance by up to 68%, but that hasnt made non-life insurance companies happy. The reason: third-party motor in
10 POINTS YOU MUST KNOW ABOUT PORTFOLIO MANAGEMENT SERVICES (PMS) IN INDIA Most of the people in India know about investing in securities market directly or through Mutual Funds. Here is a brief about how one can invest in securities
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