Real Estate Sector is one of the most sought-after investment alternatives in India. We usually make it as an emotional asset too. Many people want to make a mark of their own in the heart of their next generation and for that, they consider property as the best tool. The property thus acquired in one’s lifetime has to be transferred to the next generations like what our ancestors had passed on to us.
Many clients were recommended changes on their portfolio as part of portfolio optimisation requirements for FY17-18 (Assessment year 18-19)
The tax implications on any changes have been communicated to the client at the time of making the changes and the advance tax payment dates are 15th June/ 15th September / 15th December / 15th March.
As the financial year draws to a close, tax planning becomes crucial. There are so many options out there, so to help ease your decision making, we have rated and compared the most popular schemes.
As an investor you should be aware of these tax implications so that you can create a tax-efficient investment portfolio.However, your investment decisions should not be based only on tax-saving criteria.