Forget the fruit cake, buy a techie gift for your grandparents

"If you're planning to buy grandma a fruitcake or silk flowers for the holidays, think again. A new survey conducted by Harris Interactive and commissioned by Nintendo of America revealed that 52 percent of grandparents and 68 percent of baby boomers who celebrate the...

When GIFTS are Exempt from income tax ?

"When GIFTS are Exempt from income tax ? Gift of any amount received after 1.4.06 is exempt if received 1. From Relatives or , 2. On the occasion of marriage or, 3. Under a WILL or, 4. By way of inheritance or, 5.In contemplation of Death. 6.From any local authority 7 7.From...

Taking Actions/Treehugger

Some suggestions from the Treehugger online blog/e newsletter.USA focussed."Category: take action :: ::The Slate Green Challenge: Week 7 - Water December 8, 2006 9:30 AM - Brittany Jacobs, Seattle 061023_green_water.jpg Struggling with high energy bills? Your home water...

Gift Card Fraud Rumors and Reality

"Opinion: As gift cards soar in popularity—some $25 billion in gift cards are expected to be sold this holiday season alone—the attempts to use them fraudulently have also soared. As gift cards have soared in popularity in recent years—some $25 billion in gift...

Gift from Relative of members of HUF should also be tax free!

"Gift from Relative of members of HUF should also be tax free! Someone Asked on Yahoo Group-Answered By Me A relative of Karta of HUF gives gift of Rs. 4,00,000 to HUF. Whether the above gift is exempt or taxable u/s 56(2)(vi). Can HUF have relation with relative of Karta of...

Child Arrested After Opening Holiday Gift Early

"What is the penalty for opening your Christmas presents too early? For one South Carolina 12-year-old, the penalty was arrest."

Save on Tax if Property Was Purchased before 1/4/1981.

"Save on Tax if Property Was Purchased before 1/4/1981. My inquiry pertains to India only. The answer must relate to Current Indian Tax Laws.My mother has got land as gift from her parent. The land is ancestral property. My mother wants to sale it and she expects decent...

Gift fearlessly to your relatives

"Gift fearlessly to your relatives Someone Asked on this Blog Would there will be any impact of Income tax if a father, mother, brother EACH gives Rs 100000/- to the daughter of the family?( Gift deed gets Noterized gift made ) By ca_rohit06@yahoo.co.in There will not be any...

Holiday shoppers urged to check terms of gift cards (Reuters)

" WASHINGTON (Reuters) - With holiday shopping in full swing, U.S. banking regulators on Tuesday urged consumers to carefully check the terms and conditions when buying gift cards, including fees and expiration dates. Some gift cards are subject to fees that apply after the...

Cyber Monday now officially an urban legend

The gods of online retail have spoken from on high: there is no such thing as "Cyber Monday," directly contradicting the gods of Big Media who proclaimed Nov. 27 as the largest online shopping day of the year.Friday, November 24 is termed "Black Friday", a seemingly...