| Dividend |
| Home » Income Tax Solution » Tax Savings Scheme » Dividend |
|
| According to Income Tax Act,1961 there is a provision benefit in Income Tax if assessee has an income as a dividend on investment in any of the following: |
|
 |
Shares |
|
Mutual Funds |
|
Unit of UTI |
|
| This dividend can be given by any company or co-operative society. |
|
| Infrastructure Bonds: Investment in bonds issued by specified Infrastructure companies is also eligible for Section 80C deductions. Investment in Infrastructure bonds is just one of the various options available for the purpose of Section 80C deduction. |
|
| Bank Term Deposits: Term deposits with scheduled bank for minimum tenor of 5 years. |
|
| Term deposit with Post Office: Minimum tenor 5 years. |
|
| NABARD Bonds: Investment in notified bonds issued by National Bank for Agriculture and Rural Development (NABARD) is also eligible for Section 80C deduction. |
|
|
|
|
 |
| e-Accounting Brings Global Opportunities. |
| 4th July, 2009 |
| EAccounting has visited India with a rainbow of opportunities. It is high time the Chartered
Accountants in India look beyond
the Indian clientele, as the entire
globe lies before them to be conquered. |
| Read more » |
|
|
|
| Shortage of Accountants. |
| 21st September, 2007 |
| A report by Pune-based Value Notes, estimates that as many as 360,000 US tax returns were
prepared in India in 2006. It anticipates further growth, estimating at least 1.6 million returns will
be prepared here in 2011. |
| Read more » |
|
|
|
| Outsourcing Benefits US workers. |
| 22nd August, 2009 |
| Outsourcing is a dirty word. In the US, outsourcing means firing full-time workers and
shipping their jobs to a less developed country where wages are lower and labor laws are more
lax. |
| Read more » |
|
|
|
|
|
 |
Tax Events Calendar |
|
|
|
|
|
|
Bhavishya Kiran Educational Trust |
|
|
|
|
|
