Tax Guru: Cnbc Awaaz

All about income tax laws related to stock valuations

Generally speaking every person carrying on business is permitted within the parameters of the Income-tax Law to adopt any system of accounting.

Inheritance Tax: Time to scrap the thought

Sometimes a thought might come in the minds of the tax gatherers that why not introduce “Inheritance Tax” to gather more revenue for the Government. Well, it is time right now to debate on the theme of introduction of Inheritance Tax in the present scenario in the country.

Are you adequately insured?

Are you adequately insured? Let this question be asked by every adult income-tax payer in his family. I would like every tax payer to take care of securing his family during the year against calamity.

Invest in Zero Coupon Bond in 2013

Think of investing in Zero Coupon Bond in the year 2013 and it should be taken as a preferred tool of instrument of investment specially by persons not interested in regular income.

Continue investment in Public Provident Fund in 2013

Do invest in Postal Office Instruments like National Savings Certificate VIII issue, National Savings Certificates IX issue, Post Office Time Deposit Receipts, as well as in Senior Citizen Savings Scheme specially keeping in view the aspects connected with tax deduction under section 80C and also the rise in the interest rates.

Start investing in new residential house property

In case you do not yet own your own residential house property then it is time now to start investing in new residential house property so that you can have your dream house.

2013: Time to invest in new Pension Scheme

Please focus your investment strategy for the year 2013 on investment vistas connected with New Pension Scheme.

Get tax benefit through Rajiv Gandhi Equity Savings Scheme

For all those tax payers who have never had any exposure in the stock market let the year 2013 be their first year for investing in the stock market.

Better to buy gold coins, do investments through Gold ETF

Purely from investment angle it makes no sense to invest in gold jewellery for use at a future point of time.

13 investment tips for 2013

Let us all welcome the year 2013 with varied ideas to bring home tax planning for you and your family and also take you through Investment Strategies for investing your money.

Rectification of arrear tax demand: What is it

Under the provisions as contained in section 154 of the Income-tax Act, 1961 the tax officials possess powers to rectify any mistake which is apparent from record. Such rectification can be made by the Income-tax Authorities on their own motion or the same can be rectified based on the application filed by the assessee.

What are investment planning guidelines for drafting will?

The first step in drafting a valid Will is to make a list of all your movable and immovable assets and belongings. This will help you decide which asset to give to whom. It will also serve as a checklist to ensure that no item is left out.

All you want to know about tax filing

Well, the time to file your Income-tax Return in respect of the financial year 2011-2012 is coming closer, hence in this article various important questions pertaining to Income-tax Return filing are answered for the benefit of tax payers which will help them to correctly comply with the obligations cast on them to file their Income-tax Return.

Get your income-tax return filed free of cost?

Time has come to get ready for filing your Income-tax Return. For all those tax payers who are going to file their Income-tax Returns for the first time in particular, it would be a taxing time for them.

Tax, Capital gains related to realty deals in FY13

All those persons who have carried out real estate transactions during the financial year 2012-13 should carefully consider income-tax aspects connected with these transactions.

Deduction in respect of investment made in Equity Shares

The Finance Act 2012 has inserted a new section 80CCG from the Financial Year 2012-13 relevant to the Assessment Year 2013-14. As per this new section tax deduction will be available to a resident individual in case he has acquired listed equity shares during the Financial Year 2012-13.

New Judicial thinking on capital gains & income-tax

In the subsequent paragraphs latest judicial thinking of different High Courts is analysed with reference to Capital Gains and the Income-tax Law. These judicial decisions will help in the process of tax planning.