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About 13 results for "parizad sirwalla"

Parizad Sirwalla: Investor choices in pensions

In the Union budget 2016, the finance minister espoused the aspiration to move towards a pensioned society. This is a tough challenge that needs careful planning and astute implementation. According to the 2011 census, only 12 per cent of the Indian workforce ... The Financial Chronicle, 1 month ago

Here’s all you need to know about tax filing

Watch the interview of Parizad Sirwalla, Partner at KPMG and Harsh Roongta, a Financial Planning Expert to Surabhi Upadhyay on CNBC-TV18 where they give some simple tax filing guidelines.
 Money Control2 months ago

Properties received under a Will do not have any tax implications for legal heirs

As per the current provisions, if the total income of your legal heir exceeds Rs50 lakh during the relevant financial year (FY), then she would be required to disclose the cost of each of the house properties inherited under the Will in the schedule ...
 Livemint.com4 days ago Cash gift received from parents do not have any tax implications for children  Livemint.com2 weeks ago

Senior citizens do not have to pay advance tax on salary and interest income

Resident senior citizens who do not have any income from business or profession are exempted from payment of advance tax, irrespective of tax liability quantum I have been paying advance tax on interest income from my investments apart from my ...
 Livemint.com1 week ago Interest on post office RDs or FDs is taxable  Livemint.com1 month ago Tax on income earned abroad depends on residential status  Livemint.com1 month ago

Shares under employee stock ownership plan are taxed at the time of allotment and sale

When you sell these shares, gains from the sale will be taxed as capital gains What is the tax implication while exercising the employee stock ownership plan (ESOP). What is the difference between the fair market value (FMV) and grant price? After ...
 Livemint.com3 weeks ago Tax implications on sale of shares depends on holding period from date of acquisition  Livemint.com1 month ago

If you don't make PF contributions for 3 years, your money stops earning interest

I left my job in July after working at that company for 1 year and 2 months. I am not working at present. My monthly Provident Fund (PF) deduction was Rs1,200. What is the procedure to claim it? How much will the amount be and what will be the tax ...
 Livemint.com1 month ago

Second life

In a country, where according to the 2011 census, only 12 per cent of the Indian workforce of an approximate 58 million, were covered by various pension plans, the sky is the limit. Obviously, with a large pension coverage gap of 88 per cent, it cannot be any ...
 The Financial Chronicle1 month ago

You can claim tax exemption on LTCG on inherited property sale

The gains, if any, resulting from the sale of aforesaid inherited land shall be taxable in the hands of each of the family members under the head capital gains In March this year, we sold a piece of non-agricultural land (inherited before 1980) for ...
 Livemint.com1 month ago

Holding a PF account for 5 years doesn't alter tax liability

There has to be continuous service with the employer for 5 years or more I worked for a company from January 2011 to February 2015. I have since joined another company, where provident fund (PF) is not applicable. I want to withdraw the old PF in ...
 Livemint.com2 months ago
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