Surat is becoming fastest developing city in India,It has Air port facilities also,due to global meltdown there is downturn in land prices ,so it is good time to enter in Property Market,I am Civil engineer with 10 years of experiance in real estate.there is big opportunity to earn maximum.
I have some 12lakhs. i wanted to invest it on a property next year. I am planning to deposit this amount in bank for 1 year.
I wanted to know about the tax deductions?
if i fill the TDS form will i be exempted from tax?
Which is a better way to invest i.e, investing the full amount in a single deposit or splitting the amount and depositing in different banks?
Please suggest some other investment plans where i can invest this amount other than FD for 1 year.
Previous year Service Tax Income Cross 10 Lakh. Accordingly we enrolled service tax registration, submit service tax challan & filled the return. But this year we are not crossing 10 Lakhs thresh-hold limit. My question is do I need to raise Service Tax bill to the party for collecting Service Tax & then submit the Service Tax return instead of NIL Return?
I am from India and i am earning some money from freelancing. This year i earned 3,00,000. I like to know how much i need to pay as income tax? And also i like to know what is meant by exempt? Do exempt is applicable for me?
I generally do 2-3 export transactions of apparel in a year. Each worth around Rs 50-60k. As of now I don’t maintain any papers and don’t show it in my income as well as I was doing it on adhoc basis. I want to know what is all required from my side. Like what documents do i HAVE to maintain and what do I need to do to file my income tax.
I want to work as a freelance web developer. I will take website development projects from companies or individuals and change for it. Do I need to charge/pay service tax?
I live in India.
Also, do I need to register a company?
do I need to involve wife and childern of a owner of a self acquired property in the absolute sale deed or any other way in property transaction, to purchase of such property, the property is a site allotted to him by BDA
In India why we have lot of taxes and every year why there is an increasing in types of taxes?
Is tax money used properly or not?
What is the par of income tax,sales tax,property tax and service tax I mean who is the eligible person for these taxes?
I’m in need of an example of what a sales agreement would look like when a property measuring x sq yds is sold by 4 ppl to one person for an amount of rs X.
i need all the necessary clauses mentioned in it for example-circumstances on account of cancellation by one of the parties…..etc.
It would be really good if anyone could provide me with templates or sample files of the same.
Your help is highly appreciated.
I have a company in Singapore, recently I got a new customer in India. Total invoice maybe US$ 10,000 and my company doing service for India’s customer(set up network). Should I need to pay tax?