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Income Tax And Estate Planning Services

Changes in the Income Tax Act Passed By the Lok Sabha after the Budget

SOME IMPORTANT CHANGES IN THE INCOME TAX ACT PASSED BY THE LOK SABHA AFTER THE BUDGET PRESENTATION.
THESE CHANGES SHOULD NOT GO UNNOTICED.
બજેટ ના પ્રેઝન્ટેશન બાદ લોકસભા દ્વારા પસાર કરાયેલા આવકવેરા કાયદામાં કેટલાક મહત્વપૂર્ણ ફેરફારો. આ ફેરફારો ને ધ્યાનમાં લેવા જરૂરી છે.
We have already shared with you the amendments impacting the taxation for Non Residents in India in our previous message.
અમારા અગાઉના મેસેજમાં ભારતમાં નોન રેસિડન્ટ (NRI) ની ભારતીય આવકની કરપાત્રતાને અસર કરતા મહત્વના વિવિધ સુધારાઓ અમોએ મોકલેલ હતા.
In continuation to the same we are herewith sharing other changes in the Income Tax Act passed by the Lok Sabha after the Budget presentation and other announcements applicable for the Financial Year 2020-21:
એ અનુસંધાનમાં જ બજેટ બાદ લોકસભામાં પસાર થયેલ આવકવેરા કાયદામાં કરવામાં આવેલ ફેરફારો અને નાણાકીય વર્ષ ૨૦૨૦-૨૧ ને લાગુ પડતી અન્ય જાહેરાતો આ સાથે તમોને મોકલી રહ્યા છીએ.
Topics covered / આવરી લેવામાં આવેલ વિષયો:
1️⃣ Vivaad Se Vishwas Scheme / વિવાદ સે વિશ્વાશ યોજના.
2️⃣ Tax Collected at Source / ટેક્સ કલેકશન એટ સોંર્સ (TCS).
3️⃣ Tax Deduction at Source / ટેક્સ ડિડકશન એટ સોંર્સ (TDS).
4️⃣ Taxation of Real Estate Investment Trusts / રીયલ એસ્ટેટ ઇન્વેસ્ટમેન્ટ ટ્રસ્ટ (REIT’s) ની કરપાત્રતા.
Please find herewith “Complete guide on changes in Income Tax Act” PDF document shared herewith to have a complete understanding of the amendments through a power point presentation prepared by us.
આ સાથે અમારા દ્વારા તૈયાર કરવામાં આવેલ પાવર પોઇન્ટ પ્રેઝન્ટેશન ની પી.ડી.એફ. ફાઈલ મોકલેલ છે. જેમાં આવકવેરા કાયદામાં કરવામાં આવેલા ફેરફારો ની સંપૂર્ણ સમજણ આપવામાં આવી છે.

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Categories
NRI Services

Changes in Regulations for Non-Residents Under Indian Income Tax Act

As we all know that the Finance Bill 2020 has been passed by the Lok Sabha on 23rd Mar, 2020, applicable for the Financial Year 2020-21 with various key amendments impacting the taxation for Non Residents in India.
Please find herewith “Changes in Income Tax Act for Non Residents”. Kindly view the PDF document shared herewith to have a complete understanding of the amendments through a power point presentation prepared by us.
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Categories
Insurance Services

5 Reasons Why You May Not Need Life Insurance

Reason #1 you are never going to die.
Reason #2 you are going to inherit a fortune.
Reason #3 you are going to win the lottery.
Reason #4 you really don’t like your kids.
Reason #5 you expect the government to take care of your family.
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Categories
Insurance Services

Medical Inflation Is Rising Alarmingly

  • 4 Crore People are Pushed Towards Poverty Every Year Because of Treatment Bills
  • 49 Out of Every 1.000 Indians Reporting of Aliment in Urban Sector end up Getting Hospitalized in a Year
  • 70% As per WHO Percentage of Indians pay for medical expenses out pocket
SURGERY CURRENT COST ESTIMATED COST AFTER
IN REPUTED HOSPITAL 5 YEAR 10 YEAR 20 YEAR
KNEE REPLACEMENT 4,00,000 7,70,166 14,82,889 54,97,369
HIP REPLACEMENT 3,00,000 5,77,624 11,12,166 41,23,047
HEART ANGIOPLASTY STENT 3,50,000 6,73,895 12,97,527 48,10,221
CABG 4,50,000 8,66,437 16,68,250 61,84,570
RENAL TRANSPLANT 6,00,000 11,55,249 22,24,333 82,46,094
DOUBLE VALVE REPLACEMENT 4,50,000 8,66,437 16,68,250 61,84,570
LIVER TRANSPLANT 30,00,000 57,76,244 1,11,21,664 4,12,30,470

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Investment Services

Impact of Corona Virus on Indian Economy & Equity Market


Conversation on Impact of Corona Virus on Indian Economy & Equity Market, between Mr. Niket Shah – Vice President – Associate Fund Manager – Motilal Oswal India Mutual Fund & Mr. Daxesh Kothari – MD & CEO of Ashutosh Financial Services Pvt. Ltd.
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Categories
Insurance Services

Top Benefits Of Having An Independent Insurance Agent

1. Your agent will help you easily track all your policies without any confusion.
2. Your agent will shop for the most competitive rates for you.
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