sabari banu 1

• asked Jan 17, 2012

income tax savings

sir, what r the ways of savings which will deduct the income tax amount to be paid. sabari banu kec kuppam

section-80d section-80c tax-deduction tax-exemption tax-saving income-tax

0 votes

1 answers

1396 views

tanvinay 1

• asked Jan 17, 2012

CGAS - Deposit and WIthdrawal

Hi, My questions on CGAS are as under: Do I need to deposit the entire sale amount in CGAS or just the capital gain? Can I first deposit the amount in my savings account and then transfer it to CGAS later? When I withdraw the amount from CG...

cgas sale-consideration section-54f capital-gains-account capital-gain

0 votes

1 answers

1155 views

norman 1

• asked Jan 16, 2012

Working outside India

Hi, I am a Indian citizen and working outside India In Azerbaijan with a French company and having a work permit, I get paid in Dollars which I get remitted to India on a NRE account. I may not be completing 183 days outside the country for...

non-resident-indian indian-citizen income-tax

0 votes

1 answers

2522 views

Prabhu 16

• asked Jan 15, 2012

Can I purchase a residential flat before selling a plot of land and get benefit of LTCG?

Hi Pankaj, I have a plot of land which I had purchased for Rs. 8 lakhs 9 years ago and I am planning on selling the same plot for present market value between Rs. 70 to 80 Lakhs. I want to purchase a residential flat and would like to use t...

section-54f residential-plot long-term-gains capital-gains ltcg

1 votes

1 answers

2341 views

suren 41

• asked Jan 15, 2012

What needs to consider while buying term insurance?

Hello sir I have following questions regarding term insurance. Please give your suggestions How much should i insured myself. which one is better to go with online or offline? i searched and ask people they said that go with offline. but on...

protection-plan term-insurance lic life-insurance

0 votes

1 answers

1407 views

suren 41

• asked Jan 15, 2012

what is difference between term deposit and fixed deposit?

in term deposit we deposit money for specific period , so do we do fixed deposit. I searched over internet but didn't find satisfied answer. Please tell me what exactly is difference between them. Please tell me which one is better to inves...

term-deposit bank-account fixed-deposit investment

0 votes

3 answers

21169 views

Ghosh Anirban 1

• asked Jan 15, 2012

Mutual Fund Investsment - Reliance long term equity fund

I have been investing Rs. 1000 in Reliance Long term Equity fund for last 13 months. The Said investment is showing a steady declinement in performance if i compare it with my other mutual fund investment of Rs. 1000 in ICICI focused blue-c...

reliance-long-term icici-focussed-bluechip equity-diversified mutual-fund

0 votes

1 answers

998 views

sehrawatr 1

• asked Jan 14, 2012

Sale of land in unregulated area

Sir, my father have bought a land in laxmi park, nangloi delhi in 2002 for 2.5 lacs and now he want to sell it for 28 lacs because we have booked a flat in gurgaon. As, laxmi park, nangloi is an unregulated area what kind of taxes we have t...

unregulated-area land-sale long-term-gains capital-gains income-tax

0 votes

1 answers

922 views

suren 41

• asked Jan 13, 2012

is it good option to invest in ELSS in 2012-13 year if direct tax comes in year 2013-14?

if direct tax comes in financial year 2013-14 is it good option to invest in ELSS in 2012-13 year as ELSS has 3 year locking period then 2013-14 and 2014-15 no tax rebate will be given still we can't take out money?

tax-saving-fund elss mutual-fund direct-tax-code

0 votes

1 answers

4368 views

indru45 1

• asked Jan 13, 2012

TDS for NRO fixed deposits

I am an NRI and have funds in my NRO account which I wanted to put in a fixed deposit. The bank tells me that I wil have to pay TDS at 30 % along with education tax etc. My total income in India is less than the taxable limits, as such I sh...

nro-account bank-interest tax-deduction nri tds

0 votes

1 answers

4983 views