Forex

(F.Y. 2008-09)
Ram Niwas Lakhotia
Pages: 208
Price: Rs. 190
Format: pb
ISBN: 8170947170
Availability: Yes
Latest Print in 2008


Practical and time-tested methods for saving income tax

There are plenty of opportunities for reducing the amount of income tax you pay. To do so, you need intelligent tax planning. For it to be truly successful, however, tax planning must be a continuous exercise because many tax saving opportunities can only be made use of by carefully planning one’s income and expenditure in advance.

In this bestselling book, R.N. Lakhotia and Subhash Lakhotia provide expert guidance about the different practical and tested methods of tax saving that you can profitably adopt, whether you have salary income or income from house property, capital gains or interest.

Find out how you can reduce your taxes:

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Tax saving through full claim of exemptions and rebates
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How perquisites and allowances can dramatically lower tax on your salary
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Investments and tax planning
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How to plan your investment portfolio to minimise taxes
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How to save tax on income from house property
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How to save tax through gifts and trusts
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How to structure an HUF to save taxes
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How your residential status affects how much tax you pay.

Packed with practical examples and expert guidance, this is a bestselling tax-saving guide for all individuals and HUFs.

And, remember, tax saved is additional money in your bank — to spend or invest.

Ram Niwas Lakhotia

Ram Niwas Lakhotia is one of India’s top authorities on taxation and practices as an advocate and tax consultant, specialising in practical tax planning and the drafting of trusts and wills.

Starting with a brilliant academic career – Mr Lakhotia was ranked first in both his graduate and post graduate examinations in Commerce – he joined the Indian Revenue Service as an Income Tax Officer, Class I. He again stood first in the whole country in the Income Tax Officers’ Examination. Later, he quit the revenue service and launched into a highly successful taxation practice.

Spreading the message of tax planning far and wide, Mr Lakhotia has addressed thousands of lecture meetings, symposia, and seminars on tax planning. He has written dozens of books on income tax, which have run to over 470 editions. He has been interviewed over BBC, London, A.I.R., Hong Kong Radio, Zee News TV, Star News TV and Doordarshan. He was conferred an Honorary Degree of Doctor of Taxation by Giani Zail Singh, a former President of India. He is the Founder-President of Income Taxpayers Association and Rajasthani Academy, and the Principal of Lakhotia College of Taxation and Management. He is the President of Indian Vegetarian Congress (Northern Zone), Delhi.

Also interested in the spread of practical spirituality and vegetarianism, Mr. Lakhotia has written books on the subject of life improvement, and edits a monthly journal, Excellent Living. In the field of social service, he has constructed a big Dharamshala (rest house) which is used by families of the patients of JLN Hospital, Ajmer. He has served as the District Governor of Lions Clubs International, and was awarded the prestigious Udyog Rattan Award, Samaj Gaurav Award, Samaj Ratna Award and Manav Seva Puraskar.