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In the previous series, we delved on the various debt investment opportunities available to NRIs. However, the main concern with the fixed income investments is that they are hardly able to beat inflation in the long term post taxation.
Read MoreToday Indians are reaching out to every corner of the world and are making their mark in their chosen field of business or profession. They are creating a lot of wealth for themselves and their family members. However,
Read MoreIn our first article in this series (Tax Planning Series I – Deductions under Income Tax Act) we spoke about the various tax rebates you can avail under different sections of the Income Tax Act.
Read MoreIt’s the last quarter of the financial year and the time has come to turn your attention to tax planning and filing tax returns for the year gone by.
Read MoreEvery year we take some resolution on our birthday or the New Year – like exercising for 1 hour daily, reading a book every month, etc. This year let’s add “save more and invest” in our resolution list.
Read MoreYoung folks who are just starting their careers have no big financial responsibilities. They face instead the temptation to spend on partying, shopping, gifts, gadgets and other indulgences.
Read MoreUnit Linked Insurance Plans, or ULIPs as they are better known, have emerged as a preferred choice of insurance-cum-savings vehicle for many Indians in the last decade.
Read MoreINR has depreciated rapidly in the recent past, registering all-time lows against the USD and thereby marking a new risk for Indian economy. In the year 2011, the INR depreciated by around 18%. It nosedived again in 2012, after a brief spell of appreciation in January and February triggered by the sudden inflow of foreign capital.
Read MoreWe work so hard for our money and accordingly we also want our money to work equally hard for us. The idea behind investing is to put the money to use in such a way that it generates more money for us.
Read MoreGeneral Anti-avoidance Rule (GAAR) is a concept which generally empowers the Revenue Authorities in a country to deny the tax benefits of transactions or arrangements which do not have any commercial substance or consideration other than achieving the tax benefit.
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