Centrum Direct : Foreign Exchange Services at Chennai Airports.!

Centrum Direct, one of the largest integrated travel related financial services  provider in India offers a wide range of services that include Money Changing, Travel Cards,  International Phone cards, Travel Insurance as well as Leisure Travel packages. In Foreign Exchange …

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Mr. S. K. Roy Takes Charge as LIC MD..!

Mr. S. K. Roy recently assumed charge of Managing Director of Life Insurance Corporation of India. Mr. Roy, whose name is in the reckoning for the post of LIC Chairman, joined the largest insurance company in the country in 1981. The term of current Chairman Mr. D K Mehrotra …

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BSE, MCX - SX Get Nod for Debt Segment..!

NSE received Sebi green signal earlier this month, commenced trading in the segment on May 13 The Securities and Exchange Board of India (Sebi) today approved the launch of a separate debt segment for trading by the BSE and MCX-SX. Early this month, it had approved debt tradi…

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Banks Advised to Give Acknowledgment For Rceipt of Form 15-G/15-H

As you are aware banks are not required to deduct TDS (Tax Deduct at Source) from depositors who submit declaration in Form 15-G / or 15-H under Income Tax Rules, 1962. However, it has been brought to our notice that despite submission of Form 15-G / or 15-H by bank customer…

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E - TAX Payment FAQ ...!

https://www.tin-nsdl.com/oltas/oltas-faq-payment.php What is e-payment of taxes? This is a facility provided to the taxpayers to make income tax payments through internet, using net-banking facility. How can I use this facility to pay income tax? You can use the facility if - (1…

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TDS On Immovable Property Payment Mandatory From June 1, 2013..!

E - Payment of TDS on Sale of Property link... From June 1st 2013, transfer by a resident of immovable property (other than agricultural land) where consideration exceeds Rs, 50 lakhs would attract TDS at 1 per cent under section 194 IA. The person is required to deduct tax …

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Top Property Choice: 31% Indians Prepared Mumbai in UAE..!

According to a new survey, Mumbai has been revealed as the favourite spot for Indian expats in the UAE to buy property, despite the city's soaring house prices. 31% of Indians in the UAE said that Mumbai was their preferred destination for property investment in India, th…

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Pay TDS on Property More Than Rs. 50 lakh from June1, 2013

From June 1 , 2013, you will now have to deduct tax when you make the payment to the seller if the cost of the immovable property more than Rs. 50 lakh. The Central Board of Direct Taxes (CBDT) has notified the new provision of tax deducted at source (TDS) on immovable prope…

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Property Sellers Without PAN Number Face 20 Per cent Income Tax..

Those selling immovable property without disclosing their permanent account number (PAN) are in for a tough time with the central government mandating a 20 per cent tax deduction at source (TDS) in such transactions. The new rules that came into effect from Saturday (June 1,…

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Main Reasons to Renovate The House..!

Why Do You Want to Renovate the Home? If you are expanding your house to add bedrooms & bathrooms, be careful not to sacrifice living space. This is where an architect is critical to planning a quality renovation. Begin with a plan..! Get a plan to accommodate the extra ro…

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