Options
abhimanyu
(Querist) 17 March 2013
This query is : Resolved
1.Please advise options for a retiring employee to invest his retirement proceeds of around rupees 35 lakh in such a way that he is required to pay minimum income tax.
2, How much amount he can gift to his wife and children each on which no taxes will be payable by him.
Raj Kumar Makkad
(Expert) 17 March 2013
It shall be good if the retired employee sets in person meeting with tax consultant or his CA for this purpose instead of publicizing everything here.
abhimanyu
(Querist) 17 March 2013
I am sorry for publicizing everything on "Interactive platform for Lawyers and Indian Public"
prabhakar singh
(Expert) 17 March 2013
It is never late to have a right beginning.
Raj Kumar Makkad
(Expert) 17 March 2013
Extremely personal savings and personal investment should even is not required to be disclosed to bears and dears what to talk of general public.
abhimanyu
(Querist) 17 March 2013
Respectfully, I differ with experts, who feel that discussions about investment strategies to save/minimise income tax within rules is not right at this platform.
Raj Kumar Makkad
(Expert) 17 March 2013
If you differ then simultaneously do address the query of the querist. This shall be your positive contribution.
prabhakar singh
(Expert) 17 March 2013
He himself is the querist.
Why some of us are proving gone?
Raj Kumar Makkad
(Expert) 17 March 2013
Because those are not so senior or having no taunting nature as some others have.
abhimanyu
(Querist) 17 March 2013
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prabhakar singh
(Expert) 17 March 2013
There is nothing to take with seniority of querists .
prabhakar singh
(Expert) 17 March 2013
"Respected Sirs, I feel sorry,"
you never need to be as your statement "Respectfully, I differ with experts, who feel that discussions about investment strategies to save/minimize income tax within rules is not right at this platform."
is 100% correct in my view.
Raj Kumar Makkad
(Expert) 18 March 2013
Discussion of strategy can never be a private matter but every one know there are some way vide which people save their income tax and those issues need not to be discussed publically. This was my point and even if any one is not agree with me then he can at least address the query.
Criticism is very easy but positive contribution is equally hard.
