and earn interest on that. Is it subject to TDS. If exempt, under which section of Income Tax act-1961
My immovable property is my only source to clear my debts and live a retired life should i move to a smaller place and give it on rent or shall I sell and purchase a smaller property and live on the bank interest of remaining Amount
We gave an employee his work vehicle upon retirement. Value of the vehicle is 10,000. Employee has requested we take taxes on the value of the car. How do I report this for payroll and tax purposes? Is it compensation or non-compensation since we are collecting the tax on it but it is a vehicle and not a paycheck? Any help would be appreciated!
I am pretty confused whether to take up a LIC or a Ulip for the long term investment. After searching the net and taking to the agents I am totally lost.
My budget is 10k pm. Out of that I want to invest 5k for my 11/2 yr daughter’s bright future and 5k for my retirement and insurance.
Can anyone pls suggest me any good Child Ulip which will cover the life of both the parents as almost all the Ulips cover only the father or the person on whom the Ulip is taken.
Coming to my retirement and insurance(both the combination), pls suggest me with the best plans available in the market(both endowment and ulip)
Also if I allocate the funds in my Ulip in such a way that most of my money will be invested into debit instruments and less into equities then will this secure my returns?? In which charges will be more, Ulip or LIC… ?
Thanks so much,
Since last 3 years i am in Canada. I have one son.I am 35 years old. I made some good savings in Canada. Now, i am coming back to india. I am thinking to invest my money in SIP for my retirement and also for my son’s education and his marriage. I read about Bajaj Capital and its SIP plans. Can you suggest me should i have to go with it or not? If there is another good scheme or plan for my purpose; please send me your reply.
I preffered to invest in government sector . or you can suggest any good mutual fund .