Rajiv 1

• asked May 31, 2011

superannuation bonding period

Dear Pankaj, Can you provide any guideline for how many number of years you need to work in the same company to get the superannuatopn amount. As per my current employer policy you need to spend minimum 5 yrs in company after the training p...

superannuation claim

0 votes

1 answers

1158 views

Rajiv 1

• asked May 31, 2011

Tax saving

Dear Pankaj, I have an annual package of 7.75 lacs which includes 27500 basic, 2500 communication allowance,800 conveyance allowance, no HRA, Pf @ 12% of basic, gratuity at 5% of basic, superannuation at 12 % of basic,LTA 0f 40000 anually,a...

and investments savings tax

0 votes

1 answers

1967 views

Shamsher 1

• asked May 31, 2011

LTA claimn query

Hello Pankaj, In 2010, I claimed LTA for 2009 and same was tax free for me. So I claimed against submission of Travelling bills. Now I want to claim LTA for 2010 which will be taxable. Do i need to submit any bills. My HR team is asking for...

lta-claim leave-travel-allowance income-tax ltc lta

0 votes

1 answers

1400 views

Sam 1

• asked May 30, 2011

Capital gains account scheme

Dear Sir, If the amount of capital gains (Rs. 30 lakh) is kept in a capital gains account B (term deposit) to be used for a construction of house within 3 years. If due to some reason that amount cannot be used for the designated purpose. W...

capital-gains income-tax

0 votes

1 answers

2007 views

Rajiv 1

• asked May 30, 2011

home loan repay option

I have a home loan of 2.7 lacs.Currently I need to pay 1.13 lacs rest i paid.Current interest per month is roughly 1100 rs. I get total annual rebate on home loan interest upto 13000 rs.Shall I pay the balance 1.13 lacs in one go or keep pa...

housing-loan-interest emi home-loan income-tax

0 votes

1 answers

1504 views

Devendra Kumar 1

• asked May 30, 2011

Govt. Contribution to NPS is Taxable or not

From April 1, 2011. Employer contribution from employer towards NPS will not be included in the Section 80 C deductions (Like what happens in case EPF currently). Can you please send me the circular or notification related to the above upda...

80-c employer-contribution new-pension-scheme nps

0 votes

1 answers

4070 views

puneet 1

• asked May 30, 2011

Long term Capital Gain

Hi Pankaj batra my relative is planning to sold her house and if I m am calculating right her long term capital gain is 27,00,000. As she is 80+ she don’t want to invest that amount anywhere and she also get pension of 2,00,000pa and if I a...

gift-to-relatives gift-tax long-term-gains ltcg income-tax

0 votes

1 answers

1758 views

Rajender 1

• asked May 29, 2011

HOW TO SAVE CAPITAL GAIN TAX ON SELLING OF LAND.

There is a land which is a commercial area 4600sq yards at hyderabad ready to sell . 1.Land bought in the year 1980 at rate of 1000RS per sq yards that equal to 46lakhs . 2.Im interested to sell the land to a party for 18,000Rs per sqt yard...

circle-rate commercial-land long-term-gains ltcg income-tax

0 votes

1 answers

1968 views

UMESH SHIVARAJU 1

• asked May 29, 2011

ON STOCKS AND INVESTMENT

DEAR SIR, KINDLY HELP.. I AM PLANNING TO BUY A GOOD STOCK IN BSE IN THIS YEAR (2011-2012) FOR RS.4,00,000. I WOULD LIKE TO SELL IT IN THE SAME YEAR TO Rs.8,00,000 (I AM EXPECTING IT). WHAT'S THE CAPITAL GAIN ATTACHED TO IT? ONCE I PAY ANY C...

equity short-term-gains long-term-gains capital-gain income-tax

0 votes

1 answers

1362 views

Lokesh Sharma 1

• asked May 29, 2011

taxation on sale of property

what is meant by base date for cost of acquisition

long-term-gains capital-gains ltcg income-tax

0 votes

1 answers

1050 views