It is undoubtedly true that the World has become a Global village! Business is becoming increasingly international and multinational companies do business across the world. Many of us do get opportunities to work in different countries. It has also been increasingly easy to invest in assets (financial or physical) of foreign countries. Examples : You […]
Archives for June 2017
Best Balanced Mutual Fund Schemes (Equity Oriented) | Review
Are you working hard to keep everything in your life BALANCED? I am sure, who does not want to lead a balanced life.. Staying balanced in the midst of your life is a true feat. A well balanced life is very much essential for personal effectiveness, peace of mind and living well. We all would like to maintain a […]
When to submit Form 15G / Form 15H? | Details & Clarifications
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc., The providers of these incomes (like your company / bank) can deduct a certain percentage of income as TDS (Tax Deducted at source) based on certain […]
Sale of Inherited (or) Gifted Property & Tax implications on Capital Gains
Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating. Examples include a house, land, household furnishings, stocks, bonds or mutual funds held as investments etc., When you sell a capital asset, the difference between the purchase price of […]
Online EPF Claim submission : Process Flow & Eligibility Conditions
As you may be aware, the EPFO has launched an online EPF claim facility during the month of May (2017). This is a great initiative by the EPFO. This online PF withdrawal facility is beneficial for both PF subscribers and employees of EPFO. However, many of the employees who intended to use this facility has […]
3 incredible years | Celebrating my Third Blogging Anniversary | Thank you, One & All
Today is our blog’s anniversary as it turned 3. Time flies pretty fast. These three years have been very incredible and a great learning experience for me. ‘Knowledge is power’. Knowledge is more powerful than physical strength and no great work can be done without knowledge. ReLakhs.com, has now grown into something that I could have only dreamed […]