Perks & Jerks for Employees!
Perquisite Rules Mere ‘Old Wine In New Bottle’
Salaried Get No Relief From Anomalies & Inequities
With virtually no reprieve from the tax burden on their pay packages and continuing anomalies and inequities, the new rules for valuation of perquisites announced by the Central Board of Direct Taxes (CBDT) on December 18, 2008 have hugely disappointed millions of salaried employees. (more…)
Indian Properties in NRI Comfort Zone!
Liberal Regulations For Acquisition, Transfer & Repatriation
For Immovable Properties Held By Non Residents
Thousands of Non Resident Indians (NRIs) settled overseas fly frequently to India, the home of their hearts. Many of them yearn to have a land or house of their own in their native land, either for future settlement or even to share rental gains or just property appreciation. There are those who have come to acquire properties either by way of gifts or inheritance and desire to sell them and repatriate the proceeds overseas. This FAQ presentation on the liberal regulations in this regard will prove handy and useful both for NRIs and their relatives in India.
DRAFT CODE GOES OFF THE ROAD!
‘Taxing Times’ Crusade Creates A Historic Impact
As FM Assures ‘No New Code Without Consensus!’
“DTC is not Bhagwat Gita
which cannot be changed”
- Pranab Mukherjee in Lok Sabha (more…)
Housing Interest evokes Evergreen Interest!
Deduct Now, Pay Later, But Save Tax For Sure!
Deduction of interest on housing loan has been of evergreen interest for readers since it provide focus on valuable opportunities for income-tax saving. Replies to the following queries provide an interesting insight.