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ESOPs or Employee Stock Option Scheme is an incentive linked compensation structure that are offered by some companies, where employees have the right to participate in the growth of the company for which they have contributed towards for many years. In this age of great talent, there is an impending need to show the carrot […]
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After the recent budget in July this year, a lot of investors are quite mindful of whether they should still invest in debt mutual funds given the changes in tax treatment that were announced with regards to debt mutual fund schemes. As per the new tax rules for debt mutual funds, if you hold an […]
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Friends, we are again in the midst of the tax return filing season and most of you, if salaried, must also have received the Form 16 document in your mailbox. Though filing of income tax return is now much simpler, with the online tax filing websites, filing on time is only half the job done. […]
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A private trust is an effective estate planning tool. Whether you have a special child, an estate to protect, or a business to be transferred to next generation, formation of a private trust resolves many issues in such situations. Although there is a lot of consideration before a private trust can be created one very […]
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On 31 October 2012, the Income Tax Appellate Tribunal (ITAT) delivered an order that is set to bring an unexpected relief to millions of home buyers in the country. It clarified that the interest paid on home loans is an expense to the home buyers and hence is to be counted as a cost to […]
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