Sudhir Kaushik

Foreign Income Solution

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Services for overseas Indians - NRIs, Residents with foreign income, Expatriates, Foreign citizens  Preparation and Filing of Return (a) for employees who went overseas for short-term assignment (for less than 180 days in the financial year), i.e.,Residents with foreign income Return shall be prepared on the basis of information provided by you with no professional advice … [Read more...] about Foreign Income Solution

SWPs : Great Value for a Tax Free Retirement

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View quick summary Mutual fund’s Systematic Withdrawal Plan (SWP) offers great value in terms of tax free monthly expenses after retirement. Systematic withdrawal plan is the opposite of system investment plan (SIP). You can receive commuted pension at retirement and put the money in SWP. It is convenient to manage SWP through ATMs / internet as compared to NSC or post office … [Read more...] about SWPs : Great Value for a Tax Free Retirement

Impact of DTC on Insurance as Tax-Saving Instruments

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View quick summary The proposed Direct Taxes Code (DTC), which comes into effect from 1 April 2012, has laid down very stiff conditions for the deduction of the premium from the taxable income and the exemption for income from insurance policies. A major game changer for life insurance is that the tax deduction limit will get reduced from the present Rs. 1 lakh a year to … [Read more...] about Impact of DTC on Insurance as Tax-Saving Instruments

India Tax Ratio Report 2011

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After the unprecedented success of the 2011 edition of our handbook, “Tax Planning for Salaried Employees,” TaxSpanner is pleased to release the first edition of ‘India Tax Ratio Report.’ The aim of this report is to identify tax-paying and returns-filing patterns of the salaried individuals in India. The research conducted is secondary and analytical in nature. Internal data … [Read more...] about India Tax Ratio Report 2011