Benami – A Law to be aware of
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The search of options to earn higher return has always been actively pursued and is much more of a need today. Returns from investment sources generally viewed as relatively safe are even more actively pursued. Seemingly innovative options may be exercised
Purchase of immovable property in India – Tax Withholding under Income Tax Act, 1961
Purchase of immovable property for most in India has aspirational value, while others do so for reasons such as getting returns from rent and appreciation in value. For many of the non-resident Indians, a purpose to invest is also security