Debt MF LTCG: Changes made in Budget 2014-15

Units of Debt  Mutual Fund (MF) transferred and Unlisted securities between 1- 4 - 2014 and 10 - 7 - 2014 shall be deemed to be long-term capital assets, if held for more than 12 months: It is proposed that unlisted shares and units of a MF (other than Equity oriented mutual…

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2014: The Rising Positivity in the Real Estate of India

By Ms. Akansha Arora Right from the beginning of 2014, there was positivity in the real estate market and the market which went lull had complete expectations of getting back on track.  With new government coming picture, the price trends started to correct pre-election and p…

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Budget 2014-15: Buying more than one House? Fork out capital gains tax

Looking to sell your ramshackle ancestral house to buy a couple of flats? Be prepared to shell out a hefty sum in capital gains tax, as the Budget 2014 -15 has capped tax breaks available to such home buyers. This has been done through a seemingly innocuous tweak in the lang…

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Budget 2014 - 15: A Boon To Affordable Housing In Chennai..

by Mr. Sanjay Chugh, JLL India The recent announcements in the budget by the Finance Minister have been very positive for the housing sector. The residential real estate segment has been passing through challenging times over the last year, with sales velocity slowing down a…

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Budget 2014-15: TDS on Life Insurance Policy..

Life Insurance Policy receipts other than mentioned in Section 10(10D) viz. Key man Insurance Policy, Investment Policy, Single Premium Policy etc., are now subjected to TDS (Tax deduct at Source) at the time of withdrawal at the rate of 2% if the withdrawal including bonus…

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Budget 2014 -15: Income Tax Rebate Rs. 2,060 Retained

Budget 2014 – Implications Income Taz  Rebate Retained is meaning  Total Income upto which 0 Tax Rs.2. 7 lakh In addition to Rs.  2.5 lakh exemption, the income tax rebate of Rs. 2060 for an assessee having income upto Rs. 5 lakh is retained in the 2014-15 budget, meaning there…

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Budget 2014 will usher ‘New Era” for Real Estate Industry.

An article from Realtycompass.com Here is our take on the long-term & short-term impact it will have on Real Estate Industry.. Measure Benefits Impact Horizon Biggest Beneficiary Allocation of Rs. 7600 crore for 100 Smart Cities 1. New Micro-markets for Investments 2. Reducin…

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Affordable Housing In India - Not Just A Distant Dream..!

Affordable Housing In India - Not Just A Distant Dream By Mr. Sachin Agarwal, Maple Shelters Is a home for everyone really an unreachable dream for India? This is a misconception born out of the massive hype about developers of more expensive homes generated in the media. In …

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Budget is Clearly Positive In terms of Lower Individual Taxes

QUOTE BY  Mr. VINOD NAIR, HEAD OF RESEARCH, GEOJIT BNP PARIBAS,  ON UNION BUDGET 2014-15 It is a very good budget as a new step by the new government, over the near-term we are likely to see change in existing norms. The maiden budget comes amid very high expectations from bot…

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It’s a budget with Narendra Modi’s Stamp

QUOTE BY Mr. CJ GEORGE, MANAGING DIRECTOR, GEOJIT BNP PARIBAS, ON UNION BUDGET 2014-15  It’s a budget with Narendra Modi’s Stamp The focus of the budget is clearly to increase the GDP growth rate through higher savings and consequently through higher financial investments. Th…

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How Budget 2014-15 Affects Common Man?

By Mr. S. Karthikeyan, FChFP, Chennai For more details Mr. S. Karthikeyan, FChFP Insurance & Investment Consultant. GF B.Sai Kripa Apartments, 37,Tharamani 100 feet Road, Velachery, Chennai – 600 042., Tel : 044 - 2243 5757  Mob: 98400 40041 Web site: www.winworthgroups.com E …

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Pro Growth Budget Looks to Satisfy All Sections

Pro-growth budget looks to satisfy all sections of society Signals intent to contain expenses and keep deficit in check. Budget Reaction 2014 from Mr. Malvinder Mohan Singh, Executive Chairman, Fortis Healthcare Limited The Finance Minister has done a good job in bringing out…

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