Daily Archives: August 10, 2015

Tax Saving Tips on sale and purchase of Property

Irrespective of class or income, Indians are fond of buying gold and real estate. Purchasing and selling  property can be taxing. If played right, you can reduce the tax outgo. Buy Property on Loan While buying A house is the biggest purchase most people make in their lifetime and the government realises this. To give… Read More »

e Tourist Visa

The Government of India has launched e Tourist Visa on November 27, 2014. The scheme has been extended to 77 countries at nine airports designated for providing e-Tourist visa service till now. The Centre is now going to extend this facility to 36 more countries from August 15, 2015. The new countries being included in… Read More »

Increase in Transport Allowance for Central Govt employees

Increase in Transport Allowance for Central Govt employees wef 01st April 2015  No. 21(2)/2015-E.II  (B) Government of India Ministry of Finance Department of Expenditure New Delhi, Dated- 6th August, 2015 OFFICE MEMORANDUM Subject:-Grant of Transport Allowance to Central Government employees. Reference is invited to Ministry of Finance, Department of Expenditure O.M. No. 21(2)/2008-E.II(B) dated 29th… Read More »

CA Certificate not required for certain remittances: Govt

CA Certificate not required for certain remittances: Govt Press Information Bureau Government of India Ministry of Finance 07-August-2015 17:45 IST Modifications in Foreign Exchange Regulations Government has recently modified the Foreign Exchange Management (Current Account Transactions) Rules, 2000 and the Liberalized Remittance Scheme (LRS) for resident individuals for further liberalizing the existing guidelines. Accordingly, all… Read More »