There has been a sharp rise in gold loans in recent years. But there is a seedier side to this, as is evident from the red flag the RBI raised recently. Will the regulator s move protect customers?
An individual sold a flat and invested the taxable portion after indexation in REC bonds. LTCG must be reported in Schedule CG and any deduction claimed under Section 54EC in Part-D, serial no. 1 of Form ITR 2. TDS must also be reported in the tax payment schedule.
Every year on February 6, the world observes the International Day of Zero Tolerance for Female Genital Mutilation (FGM). Here is all abou the day, historical significance, theme and advocacy of abandonment of this practice, read on.