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..
How much tax can you save if i take a housing loan of 25 lakhs and have already made a investment of 1 lakh. My current CTC is around 6.5 lakhs
Our society has decided to go for redevelopment of our building and a builder will pay us Rs. 10 lakhs and give a new flat each. The new flat will be given for possession only after 2-3 years. However the 10 lakhs is being paid to each of us in slabs. By Mar’10 I will receive close to 4 lakhs. Do I have to pay Income Tax or Capital Gains tax on this?
In India, What type of document/agreement is necessary and what shall be gift tax and who has to pay, the Donor or donee?
After 3 year what is net payment after tax deduction? Is ther any other better scheme for investment?