Here is a little known investment opportunity that bankers and financial advisers have done their best to keep under wraps. The opportunity is in tax lien certificates, and here is how it works. In this country, anyone who owns property is obligated to pay property taxes. However if for any reason the owner fails to … Read more
The New Year is here and yes it is time to look at your assets and see what you can do to exploit the favourable taxation of capital assets. There is little time to plan and to execute tax planning strategies before the 5th April so review your assets and act now. Planning: I … Read more
When it comes to the departmental adjudication then it is the duty of the assessee as well as the adjudicating authority to interpret the law in its true essence and any effort to transgress the boundary of interpretation is strictly prohibited. In this background let us examine Rule 4 of the CENVAT Credit Rules, 2002 … Read more
Have you filled up the gas tank lately? If you have then you know it is a pain at the pump for everybody in America. But the real pain is something most middle Americans don’t even know about, and I’m not even talking about the 47% of the country that does not pay taxes. No, … Read more
An annuity account is a special investment plan that allows you to collect your money just when you are retiring. An annuity may involve many different parties and come in different kinds. Just like other investment plans, they also have their share of advantages and disadvantages. An annuity account may be the right investment move … Read more