You can claim the said amount paid under section 80C of the Income-tax Act. Parizad Sirwalla ThinkStock Also Read I earn Rs.10 lakh per annum. I have taken a housing loan of Rs.36 lakh and the interest portion of the equated monthly instalment (EMI) ... Livemint.com, 1 week ago
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Shares received by you from your parents in the form of gift shall not be taxable in your hands. Parizad Sirwalla iStockPhoto Also Read If my parents want to gift me shares of companies they hold, how can they do so? They hold these shares in ...Livemint.com, 2 weeks ago
Losing a loved one is a setback to any family; the pain could be greater if members fight over the property left behind. Therefore, a will is vital, as it clearly mentions how the assets should be distributed. Assets typically inherited Such assets ...Smart Investor, 1 week ago
Vaibhav Sankla, director of H&R Block, a Pune-based tax consultancy firm, recalls some of his colleagues had to re-file income tax returns. "This was largely because they were confused between assessment year and financial year, and had filed ...Sify, 2 weeks ago
Giving small relief to tax payers, finance minister P Chidambaram today announced a tax credit of Rs 2,000 for persons with income up to Rs 5 lakh. The proposal, he said, will benefit 1.8 crore tax payers entailing a revenue sacrifice of Rs 3,600 crore. The ...The Financial Chronicle, 2 months ago Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh IndiaTV News, 2 months ago Budget 2013: Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh Rediff.com, 2 months ago
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