Finance

Real life experience and money saving tips about home loan, personal finance, credit cards and things that bank would not tell you.

Registered power of attorney for property management in India

Registered Power of Attorney In India – NRI – Possession of Property

 4 Dec, 18 

Registered power of Attorney In India required if you are NRI with Indian Embassy attestation. Sample POA template to register in SDM or registrar office.

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LTA – Leave Travel Allowance, Income Tax Rules explained

 4 Dec, 18 

LTA is leave travel allowance meant for making tax exempt holiday once in period of two years with or without family. Air travel, train ticket cost (economy or first class AC), hotel and taxi bills within India (no abroad) are allowed. Full LTA that is part of CTC can be claimed with receipts.

13 Finance

Unspent Per Diem is Taxable In India if brought back as cash

 4 Dec, 18 

Unspent per diem is taxable in India if brought back and declared in ITR. Only business expenses allowed. Buy laptop, mobile, garment with cash to avoid tax.

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HRA Exemption India Rent Calculator – Save Tax Pay to Wife or Parent

 4 Dec, 18 

HRA exemption for tax refund online calculator. Rent receipts required >3000 /month. Landlord PAN needed >1 Lakh/year. Pay rent to parent/wife to save tax.

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Cost To Company India - How does it differ from Take Home Salary

What is CTC? Difference between CTC Package & Net Salary?

 4 Dec, 18 

CTC full form is Cost To Company. It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans.

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Avoid Sales Tax gold buying in USA

How to Avoid Sales Tax on Jewelry in USA

 29 Nov, 18 

Avoid Sales tax on Jewelry by purchasing from out of state gold shop and then ship. Use tax is due in your state but no tracking is done for small and medium purchases. Can pay in cash to avoid tracking, is any. Buy gold bars, engagement ring, diamonds from New Jersey and ship it your home address outside NJ/NY.

0 Finance