BALASUBRAMANYA B N
(CCI STUDENT....)
(44687 Points)
Replied 10 November 2009
He can invest under lic, nsc, ppf, mututal fund..under 80C upto 1 Lak, under 80 D 15k medical insurance..
Ramachandran
(Asst manager-accounts)
(25 Points)
Replied 11 November 2009
As per the New CBDT Circular No 7/2009 dated 22.10.2009, income accuring or arising to non residents through or from business connections in india is taxable. So I want to know the rate at which TDS is to be deducted. secondly if DTAA exist between India and Australia what would be the rate?
J K Jain
(Chartered Accountant)
(24 Points)
Replied 12 November 2009
what is the latest amendment in TDS for the F.Y. 2009-10, regarding the contractor (194c)
Kashyap Joshi
(Proprietor )
(260 Points)
Replied 15 November 2009
| Originally posted by :Balasubramanya | ||
| " | He can invest under lic, nsc, ppf, mututal fund..under 80C upto 1 Lak, under 80 D 15k medical insurance.. | " |
agree...
Krutesh Patel
(ACA)
(727 Points)
Replied 16 November 2009
I think for your husband best investment will be in PPF compared to NSC or any other. PPF earns interest of 8.5% which is totally tax free. While NSC earns interest of only 8% from which you pay 30% tax
CAclubindia
