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Capital Gain Tax With Indexation Benefits

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Today I am going to tell you what are the indexation benefits of Capital Gains, but before we look into benefits its worth to understand what is Capital Gain, It’s the profit or gain made by you in long term either by holding or selling your fixed assets like land, buildings, machines and so on. Any assets held by any assesse is ... Read More »

SBI PO Recruitment 2013: 1500 Job Openings For Probationary Officers

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State Bank of India (SBI), has finally announced 1500 job openings for fresher’s for the recruitment of probationary officers. Starting from January 30, 2013 candidates will be able to apply online at the official website of SBI for SBI PO 2013. The total number of posts offered by SBI for the recruitment of Probationary Officers (PO) are 1544. Candidates should ... Read More »

How To Calculate Income Tax On Rental Income?

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If you own two houses and let one house on rent then your second house will generate rental income so you will be have to pay tax on the income received as rent. On the other hand, if you own two houses and don’t let your second house on rent then also you have to pay tax as if your ... Read More »

Investment Proofs For Claiming Income Tax Deductions FY 2012-13

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Are you done with your investments to avail tax deductions this financial year? If yes, then you must know that submitting the proofs of your investments to your employer as evidence of your investment is equally important as making investments. In simple words, as a tax payer you are required to submit the proofs of your investment to your employer ... Read More »