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The Finance Bill, 2007, says that by opting right time to make long-term capital gains, it is possible to make differences in terms of taxation under the Income-tax Act, 1961. Investors having long-term capital gains can receive gains after October 1 in a financial year.
Suppose, you sell a your residential house for Rs 2 crore and the indexation cost is Rs 40 lakh, say, so you can make a long-term capital gain of Rs 1.60 crore. Now, if you do not want to buy another residential house and want to save income tax as well, then you have the option to invest your capital gain in the capital gains bonds for a minimum period of three years as provided for in section 54EC of the Act.

The presence of number of projects offering comfortable living to residents has made Noida and Greater Noida as the chosen destination for superior lifestyle in the National Capital Region. Grand Venezia International Mall by the Bhasin Group, Czar Suites by Supertech and internationally designed township developed by Omaxe are few of the numerous projects lined up for Greater Noida offering easy connectivity to the capital via the expressway.

According to the Symantec’s 11th Internet Security Threat Report, Microsoft Vista has been ran

Now users will enjoy Google services on LG mobile phones. Both the companies have declared a universal association to pre-install Google’s services on LG handsets.

The affiliation will permit LG’s phone users to search for information, discover locations, update web logs and manage email while on the move.

Bank of China (BOC) instigated a private banking service targeting millionaires only in Beijing and Shanghai.

The clients owing financial assets valuated over US $1 million are qualified for the service offered along with the Royal Bank of Scotland that possesses a 4.4 percent stake in the bank.

“It is a bank for the top rich,” Yue Yi, GM of the bank’s retail business stated.

Sony Ericsson Mobile Communications, known for its pioneering and feature-rich