Question: What is the tax liability in respect of flat gifted to daughter by her father which is let out? My understanding is that the gift will not be taxable …
liability
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- Finance
Tax query: What’s the tax liability for buying resale property using proceeds of equity investment?
I am planning to buy a resale property using the proceeds from sale of my shares held in ICICI direct. What will be my tax liability, considering the fact the …
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Tax harvesting: Under this method, the taxpayer can book long-term gains in equities to the extent of ₹1 lakh and reinvest the same. The value at which the equities are …
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Doubts regarding the residency status of those who are stuck in India during FY21 were expected to be clarified in the Budget. But the Budget was silent on the issue. …
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The experience of DFIs globally holds proof that the government needs to be involved in a hands-on fashion. The assurance of sustainable sources of long-term liabilities and a strong governance …
- General
Looking to combat juvenile crime, China lowers age of criminal liability to 12 for serious offences – World News , Firstpost
The amendment comes after a white paper in June by the Supreme People’s Procuratorate showed a rise in juvenile crimes from 2018 to 2019 Representational image. AFP Beijing: China has …
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China has lowered the age of criminal responsibility for some serious crimes from 14 to 12, as it looks to combat juvenile crime committed by children. Under an amended law, …
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HYDERABAD: A one-time settlement (OTS) of loans taken from banks by itself is not legally sufficient to wipe out the criminal liability of the borrowers, particularly those who fraudulently took …