Capital Gains on Sale of Property – Section 54EC benefit

Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”. • There should be a Capital Asset • Capital Asset should be transferred during the previous year • Gains/Loss has to be computed • Tax has to be paid on such gains

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What is Chart Reading? Different ways of interpreting a chart.

Learning how to read stock charts may seem intimidating at first. But with some basic tips and a little practice, you’ll soon be using them to find winning stocks, to see how to buy stocks and to spot the right time to sell.

Estate Planning

Estate is everything that one owns viz. assets & owes viz. liabilities and responsibilities. Estate planning is the act of preparing for the transfer of a person’s wealth and assets after his or her death. Assets, life insurance, pensions, real estate, cars, personal belongings, and debts are all part of one’s estate. Estate plans must be written, signed, and notarized by the person who owns the estate.

How to choose a financial advisor

A financial advisor guides you to

Allocate assets in the most optimal way
Save and spend better, and grow your wealth
Achieve your short-term, medium-term and long-term financial goals.

Are you aware of the tax benefits corporate employees get?

In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in the number of returns filed to 6.85 crore in 2017-18 from 3.31 crore in 2013-14. Data released by the income tax department showed a massive gap between the salaried whose taxes are deducted and the non-salaried. Rajesh, a client of ours, was unhappy with the Budget 2018 when the finance minister raised standard deduction to ₹40,000 and that too in lieu of travel allowance. He felt worse when he read about some professionals who probably earned three times his income and yet do not pay tax. “Does the government even listen to us? We are the most honest taxpayers and our salaries are deducted at source. What benefits do we get?” he asked. This is when we decided to tell him about the benefits available to salaried employees in the corporate sector.

Get the best from your financial advisor

The financial planner is responsible for –

Creating and managing your financial plan
Managing your investments and liabilities
Managing your financial goals
Retirement Planning
Tasks such as estate planning and tax management