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Topic: Direct tax code: Tax liability and you

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9StockPortfolio
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Joined: 10/Sep/2008
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Posts: 479

Topic: Direct tax code: Tax liability and you
Posted: 14/Aug/2009 at 3:51pm

Knowledgeable people on TED, shall we start discussing the new tax bill? That will help us to rearrange our finances till 2011 when it will come into practice?

I got it downloaded from the FinMin site, but i found no reference to Home Loan Interest deductible from net income. Has it been scrapped?

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Hitesh Shah
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Joined: 12/Oct/2008
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Posted: 14/Aug/2009 at 4:03pm

Of all the newspapers, DNA Money seems to have the best coverage from the individual's point of view.

I wish you all the best in getting response on tax matters in this forum. I tried and failed.

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9StockPortfolio
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Joined: 10/Sep/2008
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Posts: 479

Posted: 14/Aug/2009 at 4:15pm

Originally posted by Hitesh Shah

Of all the newspapers, DNA Money seems to have the best coverage from the individual's point of view.

I wish you all the best in getting response on tax matters in this forum. I tried and failed.

Doesn't matter.
At least we two can talk here... Smile

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kulman
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Joined: 02/Sep/2006
Location: India
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Posts: 9319

Posted: 14/Aug/2009 at 4:20pm

Originally posted by Hitesh Shah

I wish you all the best in getting response on tax matters in this forum. I tried and failed.

Perhaps the reason could be that tax matters matter if there is income.

Life can only be understood backwards—but it must be lived forwards

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Hitesh Shah
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Posted: 14/Aug/2009 at 4:24pm

Originally posted by kulman

Originally posted by Hitesh Shah

I wish you all the best in getting response on tax matters in this forum. I tried and failed.

Perhaps the reason could be that tax matters matter if there is income.

That could be the reason, but I doubt it after making astute deductions from the posts of most members Wink

.

Most likely, it appears that it is beneath discussion and best left to the hired help (with due apologies to any CA's here).

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chimak10
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Joined: 30/Aug/2007
Location: India
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Posts: 1540

Posted: 14/Aug/2009 at 7:35pm

This are just praposals not a finalised stuff.....

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Hitesh Shah
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Joined: 12/Oct/2008
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Posted: 15/Aug/2009 at 1:38pm

9Stock, you can also look here for more information.

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Mohan
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Joined: 09/Feb/2007
Location: United States
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Posts: 1855

Posted: 15/Aug/2009 at 11:34pm

Originally posted by kulman

Perhaps the reason could be that tax matters matter if there is income.

Correct, Most people in the market are concerned about the Income Issue.
Very few are fortunate to have the concern of Tax. Wink

Be fearful when others are greedy and be greedy when others are fearful.

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