Wednesday, January 5, 2011
Home-Loan tips: Reduce your tax liability by investing in a house
Home-Loan tips: Reduce your tax liability by investing in a house: "Through generations, Indians have not only learnt, but also mastered the art of 'saving' and 'investing'. In our country, we save not just t..."
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Deemed dividends reduce the retained earnings of the company, and waste franked credits, leading to an effective doubling of taxation. Noncompliance in declaring dividends can be considered tax evasion.
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