1031 Exchanges: How to Avoid Capital Gains on the Sale of an Investment Property

Do you have an investment property that you would like to sell, but defer the capital gains taxes? If so, then you need to consider a 1031 exchange: A 1031 exchange, otherwise known as a “tax deferred exchange” is a strategy and method for selling one investment property and then proceeding with an acquisition … Read more

Paralegal Careers – 7 Steps to Excelling as a Paralegal

The jobs in the legal scenario are booming by the minute these days. Pays are high and the aspirants in millions. The fact that it is no more just about being a lawyer makes it even more popular. The other interesting avenues to the law industry make it a haven for every other student. Paralegal … Read more

Paralegal Education Programs

Paralegal career is a challenging and rewarding career that is in the rapid growth trend in the job market. Paralegals provide administrative support to legal professions and they play an important role in assisting the attorneys in the delivery of legal services. There are many paralegal education programs available in various colleges and universities that … Read more

LEVY OF SERVICE TAX ON EXTERNAL COMMERCIAL BORROWINGS FROM FOREIGN BRANCH OF AN INDIAN BANK

1. Service tax authorities, of late, have been issuing notices to various borrowers of External Commercial Borrowings (ECB’s) from foreign branches of Indian banks and holding them liable to pay <a rel=”nofollow” onclick=”javascript:_gaq.push([‘_trackPageview’, ‘/outgoing/article_exit_link’]);” href=”http://www.taxmann.net/STOnlineWeb/NewHomePage/Home.aspx?pId=160″>Service tax</a> from September 10, 2004 under section 65(12)(a)(ix) of the Finance Act, 1994 which covers ECBs. According to the … Read more