The LTCG tax has restarted the fight between these two arch rivals Ever since the LTCG tax was announced in the Budget, insurance companies have been busy highlighting the tax-free nature of Ulips. But the taxability of income is not the only parameter on which an...
Publication details: Money Manager – CNBC Bajar – 16-02-2016 Responses, opinion and view from Kartik Jhaveri. What are some of the things one must keep in mind before it is 31st March? Let’s begin by talking about business owners. What must they do before its March...
Publication details: Money Manager – CNBC Bajar – 06-05-2016 Responses, opinion and view from Kartik Jhaveri. Money can be earned, but wealth has to be created. Each one of us aspires to be rich and wealthy. But due to lack of awareness and at times sheer idleness, we...
A tax notice can be intimidating. However, before you panic, take the time to find out why exactly a notice has been sent to you and what the implications are according to the sections mentioned. SECTION 131 (1A) You will get this notice if the assessing officer (AO)...
All the investments, expenditures you can claim as tax break under Section 80C Most of us are already well aware of the deduction available under section 80C of the Income tax Act, 1961. The maximum amount of deduction that can be claimed under section 80C is Rs...
Publication details: Money Manager – CNBC Bajar – 16-11-2015 Responses, opinion and view from Kartik Jhaveri. While financial rules of thumb are easy to understand and provide a good starting point, they are not perfect substitutes for thorough analysis and...