i want to know that what is the tax system of indian bank deposit system on saving account?
A female wish to create a private trust with a settlement of Rs 10 lakh from her capital for the benefit of her niece. Whether receiving Rs 10 lakh from the female will attract income tax under the provision of section 56 of the income tax Act (money received without consideration)? Please explain.
I am bit confused. What are the best investment plans? And what about fix deposit, will I have to pay income tax on F.D ?
I’m salaried and have income of 2.5 lakhs/year + I started receiving a rent of 4 lakhs per year, so how much expense can I show from my rented place so as to save all tax, currently I’m not paying any tax for my 2.5 lakh income? OR What are the expenses I can show from my rented property so as to save optimum tax?
I want Home loans in bangalore to purchase a property of Rs 20 Lakhs can someone suggest me any one who can help me on this..