• I-T dept begins process of analysing deposits post demonetisation

I-T dept begins process of analysing deposits post demonetisation

January 2nd, 2017|Comments Off on I-T dept begins process of analysing deposits post demonetisation

The I-T department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme [...]

  • Old 500, 1000 rupee notes can be used for payment under PMGKY

Old 500, 1000 rupee notes can be used for payment under PMGKY

January 2nd, 2017|Comments Off on Old 500, 1000 rupee notes can be used for payment under PMGKY

The Income Tax department today said now-defunct Rs 500 and Rs 1,000 notes can be used till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme. The government has come [...]

  • Income Tax returns filing: Check out the 80 C tax benefits of up to Rs 1.5 lakh

Income Tax returns filing: Check out the 80 C tax benefits of up to Rs 1.5 lakh

January 1st, 2017|Comments Off on Income Tax returns filing: Check out the 80 C tax benefits of up to Rs 1.5 lakh

As three months remain for tax-related investments, salaried individuals should look at various provisions under Section 80C of the Income Tax Act, 1961. Section 80C entitles an employee to certain deductions from the gross total [...]

Got idle money in your account? Here are 5 investment options to save tax

January 1st, 2017|Comments Off on Got idle money in your account? Here are 5 investment options to save tax

With 2017 just a couple of days away, it’s time to start planning your finances for the year ahead. January will be a busy month for anyone looking to save tax, with most salaried professionals [...]

  • What Is Power Of Attorney?

What Is Power Of Attorney?

December 31st, 2016|Comments Off on What Is Power Of Attorney?

A Power of Attorney is a legal document by which one person gives the right to perform or powers of transacting in matters relating to property, banking, legal and judicial proceedings, tax payments, etc, to [...]

  • SC bans liquor shops on national, state highways across India

SC bans liquor shops on national, state highways across India

December 31st, 2016|Comments Off on SC bans liquor shops on national, state highways across India

The Supreme Court today ordered a ban on all liquor shops on national as well as state highways across the country and made it clear that licenses of existing shops will not be renewed after [...]

  • Protection of Tenants Against Eviction

Protection of Tenants Against Eviction

December 30th, 2016|Comments Off on Protection of Tenants Against Eviction

About 42% of the urban population of the world, which are roughly 150 million households, lives as tenant. The same holds true even in India where, due to exorbitant rates of property especially in the [...]

  • Six things taxpayers expect from Budget 2017

Six things taxpayers expect from Budget 2017

December 30th, 2016|Comments Off on Six things taxpayers expect from Budget 2017

Struck by the demonetisation shock, Indian economy expect some sweet surprises as it gears up to strike the 2017 calendar. Parting from the colonial-era tradition of presenting the Union Budget on the last working day [...]

  • GST : ONE India ONE MARKET

GST : ONE India ONE MARKET

December 29th, 2016|Comments Off on GST : ONE India ONE MARKET

Introduction The introduction of unified gods and services tax (GST) across the nation is the most important indirect tax reform since independence. It has taken almost 16 years from the date of inception of idea, [...]

  • Handling Tenant and Owner Funds

Property managers: Handling Tenant and Owner Funds

December 29th, 2016|Comments Off on Property managers: Handling Tenant and Owner Funds

Owners entrust their property managers with more than just their physical assets. Property managers handle rental income, reserve funds, security deposits, and write checks on the owner’s behalf. To function properly, this relationship requires trust, [...]