Namita Gad & Associates

Chartered Accountants

Save taxes by switching to Systematic Withdrawal Plan (SWP)

Save taxes by switching to Systematic Withdrawal Plan (SWP)Mutual fund investors looking for a regular cash inflow avail of the dividend payout option especially for two reasons; earning regular in......

Actual cost of buying/selling a share

Actual cost of buying/selling a shareWill equity shares & mutual funds markets still be attractive to the investors after a pinching proposal to levy LTCG tax at 10% on the gains exceeding Rs.1......

Understanding the proposed Long Term Capital Gains Tax

Understanding the proposed Long Term Capital Gains Tax“I propose to tax such long-term capital gains exceeding Rs.1 lakh at the rate of 10% without allowing the benefit of any indexation.” - What d......

Build healthy credit score with your credit card(s)

Build healthy credit score with your credit card(s)Getting a credit card is no more a prestige or a strenuous task. However, failure to maintain a good credit score can deprive you of this worthy p......

Employee vs. Consultant - The Pros and Cons

Employee vs. Consultant - The Pros and ConsSeveral multinational companies prefer to hire a resource as a consultant rather than an employee to avoid labour law compliance and other regulatory requ......

Tax benefits on your new home might get revoked

Tax benefits on your new home might get revokedBuying or constructing a house offers many tax advantages on various points starting from payment of stamp duty & registration fees to housing loa......

Are your bank deposits safe – now and after “bail-in clause”?

Are your bank deposits safe – now and after “bail-in clause”?Bank deposits, either fixed or recurring, hold a piece in everyone’s portfolio because it is considered as the safest investment product......

Time to declare house rent payments

Time to declare house rent paymentsWith the year coming to an end, salaried people rush to submit their tax declarations to their employers. It hurts when your employer deducts tax from your reward......

Taxes aren't excused, even after death!

Taxes aren’t excused, even after death!Benjamin Franklin, once wrote in a letter that “In this world nothing can be said to be certain, except death and taxes”. This means that taxes being levied i......

Business Legal Entity - Forming a Company and other options

Business Legal Entity - Forming a Company and other optionsStarting a business in India is indeed a tough task and it starts with the brainstorming activity of selecting the appropriate constitutio......