Confused is right. So deposit Rs. 70000/- in your PPF account and take IT claim.
Type: Posts; User: Taxman
Confused is right. So deposit Rs. 70000/- in your PPF account and take IT claim.
Exam would be General Knowedge, Reasoning and Maths. As in most competitive exams.
It all depends, whether they are dependent on you or not. If they are then deduction you would get under Section 80D is Actual premium paid or Rs.20,000 whichever is less. Otherwise NIL.
If you take two policies one for yourself and one for your parents - It will be cheaper than other option.
They are mentioned in your policy.
Normally they send the refund to your PAN Address. Is your PAN address is also change recently?
If yes please contact the IT Office where you have submitted your IT Return.
Follow link - http://www.policywala.com/showthread.php/1089-What-is-the-procedure-of-PAN-Correction
Good going of this IPO for retail investors -
Why you want to apply using paper method? when almost all the brokers are offering online IPO applications. You can get the application from local brokers like bajaj capital etc.
Follow following steps -
1. Download form 13 from EPF India website - http://www.epfindia.com/forms/13revised.PDF
2. Fill in the details of your past and present employer
3. Submit the same to...
Best option is take loan from your family and friend and pay it off as soon as possible.
ELSS you have to hold for minimum three years, you cannot redeem before that. There is three years lockin period in it.
One more point - If you hold your equity mutul fund units for 365 days, it will be treated as long term capital gain which is tax free & if you withdraw before 365 days you have to pay short term...
Example -
An open ended and a close ended fund, both will be open for subscription which is called a new fund offer or NFO. 1st Jan'2010 to 31st Jan'2010.
In case of close ended fund, after 31st...
For ELSS there is no tax when you redeem as it is long term gain. But for other Mutual funds there's STT (Security transaction Tax).
You can claim all the tax benefits and the HRA. But just keep in mind that rent received by you is considered as your taxable income.
Just submit your form 16, which may prove useful to justify your claim. Or the payslip of that month, when the premium is deducted from your salary.
As far as my understanding goes, it is income from Business and Profession thus ITR 4 needs to be filled and submitted. Make Income and expense statement with all the expenses incurred in earning the...
Yes.
What is relisting of shares?
Companies desirous of getting their securities listed on the BSE are required to enter an agreement with the exchange called Listing Agreement, under which they...
Please post your queries here in the forum. Don't PM me.
Received through PM.
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:Update:
Naresh - Please follow forum rules.
The documents required for Personal Loan, you can search in the forum. But the bank would ask you, if you are not earning, how would you return the money?
Welcome abroad. I hope you have a pleasant stay over here. Nice to meet you.
If any of your parent is a senior citizen, deduction you would get under Section 80D is Actual premium paid Rs.17,000 or Rs.20,000 whichever is less.