Now it as been registered to my father name.And now we are planning to sell that land and purchase some other property for our income.So i need clarification like, how can we save tax.And after sales when we keep amount in bank.Do the Income tax department ask us to pay tax immediately ? Or wat will be the situation. How we have to move.
I have Rs3,00,000 to be invested for financial year 2010-11 which is amount after deducting all of my liabilities. I have decided to invest Rs 1.56,000 in real estate per annum. What other assets financial instruments shoukd I include in my portfolio to create a best portfolio. What percentage of equity and non equity assets should consititure my portfolio. ?
I have to make an investment of around INR 10,00,000 per annum. I had been contacted by more than 10 wealth management companies, but I am confused what to do..? I already have a lot of investments in Mutual funds and stock market, they are giving me a PMS, any idea what this is?