Can i take loan for applying in ipo or in shares without any income .in india?
Answers: Shares purchase and sales are two types:
1. As investment
2. As business (trading)
If you take it as investment, may be it is an IPO or purchase of shares- You can take loan for the same. But the interest on the loan cannot be claimed. Profits and gains in this case are treated as capital gains. The capital gains are much attractive for investor and very low when compared to business/trading option.
If you take it as business / trading, then the gains are not treated as capital gains and taxed as per slab rates. In this case you can claim all your expenses like transport, phone bills interest and any other related to your shares purchase and sales.
hhhhhhhaaaaaaa!!
u made me laugh. what do u think?
In my advice , Very dangerous. You can easily get personal loan and can invest in such things. But that will be dangerous and chances of losses are more than gains.
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If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have higher rates, they are less risky because your home will not be at risk if you cannot make the payments.Try and take a loan out over the shortest period-->you can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.
loan without any income. who will give it to you ? to get a loan for an ipo u have to contribute at least 15 % of the total amount. if u dont have any income how can u contribute 15 %.
Will i catch money rear from my taxes, when will i?
i worked three jobs the passed year, i live on my own but my parents salary for all my stuff (rent, coup¨¦, etc) and im only 18, how much money will i seize back? is it like amount as "wages, Tips, other Comps" that it sasys you made, plus when will i get that money spinal column, will it be soon, cuz if i get meony abck thatll be nice cuz my truck could use a bigger elevate.Answers: First you have to contribute the details of your earnings, we hold to see whether you have a taxable income or not. If your proceeds are taxable, whether you have any levy saving investments approaching LIC, NSC etc, after furnishing all the details simply we can arrive at your taxable income. Your question is unfocused, it is too premature to find how much you get the repayment from IT dept. You have not compensated any tax how can you claim settlement? You are unable to express properly what exactly you want.
What happens if you owe child support do you still get the extra tax check?
Answers: Hopefully you will NOT get "the extra check" but your children who still eat, need clothing and housing, medical care WILL!
Damn good question... I only looked on here to see if there was an answer :-D
Best of luck to you, to us really, as I too am in that bracket... Damned child support.
On the flip side...my ex wife owes a few dollars short of 10,000, for the last 12 years and it's racking up every month. The state the custodial parent is located it must file a motion to withhold that income, unless your ex's are on some sort of state assistance, then your state return is already gone most likely.