Buy homes abroad, save tax hereFor long-term capital gains earned on sale of property, the tax rate is 20%. If the value is above Rs 10 lakh, the tax rate climbs to 22.66%.
August 29, 2007
There’s a bad moon on the riseThere is no doubt about the bad moon rising. At the time of writing this, the market is already down 10% within a month.
August 22, 2007
Get the most out of your house propertyThe way the property market is currently headed, most of us may not be able to afford an outright purchase without availing of any loan whatsoever
August 15, 2007
Taxing employer-provided housingThe Finance Act 2007 ushered in what at first glance seemed a beneficial amendment by lowering such tax from 20% to 15%.
August 8, 2007
If you don’t file return in time...Many investors seem to be under the impression that having a permanent account number (PAN) makes it mandatory for one to file the tax return.
July 25, 2007
ITR could well prove irksome tax returnThis is a pointless exercise — the government has specified that the new forms will have to be used and like it or not, that’s what we will have to do.
July 10, 2007
Sold property? Taxing times are nighAs we all know only too well, the property market is smoking hot. A number of deals would have taken place throughout last year.
July 4, 2007
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