It's not unusual for the tax departments to freeze bank accounts and there have been instances of the authorities recovering the outstanding from the bank, though such course of action is not common.
'Our pet insurance policy is similar to the health insurance for humans.'
'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
Here's a quick guide to navigating and ordering from global websites.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
State real estate regulators are the best option for home-buyers when it comes to seeking relief. The cases are disposed much faster, and the individuals don't need to engage lawyers as the process is simpler, says Tinesh Bhasin.
'Investors should allocate about 5% to 10% to such funds.'
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
UPI transactions are growing faster, but wallets remain relevant for those without a bank account and seeking cashbacks.
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
Don't forget to ask for quarterly audited statement of transactions in your account. This will make it easier for you to calculate your tax liability and pay it on time.
Those willing to take a higher risk for higher returns can look at AAA-rated non-convertible debentures from reputed issuers.
Experts suggest that it's best to go for the bundled product that has only one-year own damage cover.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
'If an investor wants to clone an ace investor's portfolio, s/he will be better off cloning the entire portfolio rather than cherry picking stocks selectively.'
If your equity gains are less than Rs100,000 in a financial year, you can breathe easy.
For the vehicle-owner, the overall cost of buying a car can go up by 2% to 3$%. For two-wheelers, the cost can rise by 1% to 1.5%