According to Divakar Vijayasarathy, Founder & Managing Partner, DVS Advisors LL, the US
International stocks, by and large, have been in the limelight, enticing enthusiastic investors with their spectacular returns, especially those posted by the U.S. tech giants and the global disruptive trends such as meme investing which make room for massive speculative...
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP replies, "The shares held jointly can be transferred from the joint demat account to a new demat account in the individual name, appointing both the children as nominees (there is no...
The outcome of the Goods And Service Tax council meeting was more or less what was predicted, with no big surprises. The refusal of states to accept bringing petrol and diesel under Goods And Service Tax was predicted, considering that...
“An employee, in receipt of House Rent Allowance (HRA), is ineligible to claim tax exemption for such HRA if he/she owns the residential accommodation occupied by him/her or has not actually incurred any rental expenditure i.e. HRA received can be...
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP replies: Any unlisted share, held for 24 months or less before its transfer, shall be considered a short-term capital asset. The loss on transfer of such shortterm capital assets can be...
“It is a common misconception that the entire amount of premium is deductible under Section 80C. However, it shall be noted that for policies taken on or after 01.04.2012, only premium paid to the extent of 10% of the sum...
Divakar Vijayasarathy, managing partner, DVS Advisors LLP said that the tax would not increase the expenditure of the customers since the collection point alone is being changed. “Earlier restaurants were collecting, instead the aggregators would collect them going forward. This...
Divakar Vijayasarathy, Founder & Managing Partner, DVS Advisors LLP, on GST Council meet The outcome of GST council meeting is more on expected lines without any major surprises. The fact that states are not going to accept bringing in petrol...
Divakar Vijayasarathy, Founder & Managing Partner, DVS Advisors LLP said the outcome of the meeting is on expected lines without any major surprises. “The fact that states are not going to accept bringing in petrol and diesel under GST was on expected...
No 3, Apex Plaza, 6th Floor,
Nungambakam High Road,
Nungambakkam,Chennai – 600034