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Tax planning has two parts: Are you taking care of both?

Tax planning has two parts: Are you taking care of both?

Finance
"Tax planning should be seen as part of financial planning and not be addressed in isolation," said, Gaurav Monga, CFP, while speaking at the ET Wealth Investment Workshop in Delhi yesterday. Explaining further, he said: "Tax planning should be mapped to your overall financial goals and objectives. Also, planning to save your taxes should be an annual exercise whether you earn your income from salary or business." According to Monga, tax planning has two parts: a) Reducing your tax liability on the different types of income earned by you such as salary, interest and so on. b) Reducing your tax liability by investing in tax saving instruments which directly reduces the tax payable on your income. While investing to save tax, most of us make investments which are not suitable for meeting...
EU firms advised not to use British parts ahead of Brexit

EU firms advised not to use British parts ahead of Brexit

Business
European governments are advising businesses not to use British parts in goods for export ahead of Brexit, Sky News has established.  In its advice rolled out to all Dutch businesses, the Dutch government has told its exporters that "if a large part of your product consists of parts from the UK" domestic exporters may lose free trade access under existing deals.The advice says: "Brexit will have consequences for exports outside the EU."After Brexit, parts made in the UK no longer count towards this minimum production in the European Union." Image: The Dutch Brexit Impact Scan says exporters may lose free trade access if they use UK parts This is a reference to what are known as "rules of origin" and "local content" under internati...
Navy awards Lockheed $481M for F-35 spare parts

Navy awards Lockheed $481M for F-35 spare parts

Business
March 16 (UPI) -- Lockheed Martin has secured an additional $ 481 million from the U.S. Navy's Naval Air Systems Command for the procurement of spare parts in support of F-35 Lightning II production efforts, the second contract the company has been awarded this week related to the F-35.The new cost-plus-fixed fee delivery order, announced Thursday by the Department of Defense, amends a previously issued basic ordering agreement for the F-35 for the Air Force, Marine Corps, Navy, non-DoD participants and foreign military sales customers.The work, which is expected to be completed by June 2022, will be performed in Fort Worth, Texas, El Segundo, Calif., Orlando, Fla.,Nashua, N.H., Baltimore, Md., Warton, Britain, and Nagoya, Japan.The Naval Air Systems Command, Patuxent River, Maryland, is t...
Thomas Christiansen parts company with Leeds United after winless run for Whites

Thomas Christiansen parts company with Leeds United after winless run for Whites

Sports
Christiansen was appointed Leeds manager last summer Sunday, February 4, 2018Thomas Christiansen has left his role as Leeds head coach.The Dane, who took the job last summer, has paid the price for a horror run of form which culminated in Saturday's 4-1 home Championship defeat to Cardiff.The Whites have failed to win since their 2-1 Boxing Day victory at Burton, a run which has seen them fall out of the running for the play-offs and also be knocked out of the FA Cup by League Two Newport. Let's block ads! (Why?)
Anna Friel goes braless as silk outfit parts over ample cleavage

Anna Friel goes braless as silk outfit parts over ample cleavage

Entertainment
The Marcella actress has turned heads as she shared an eye-popping post on social media, behind the scenes of a glam photoshoot.Taking to the official Anna Friel Instagram account, the brunette beauty teased her followers after partnering with acclaimed photographer Rankin.The 41-year-old bombshell's saucy snap saw her rocking a silky race car jumpsuit, which was partially unzipped.Choosing to wear the red hot ensemble half open meant that Anna's plunging ensemble revealed she'd ditched her bra for the new shoot.INSTAGRAM/ ANNA FRIELRACY PICTURE: Anna Friel's latest Instagram snap is breaking the internetStars without bras Check out these celebs out and about without their bras on.WENN Braless Courtney Stodden's serious sideboob makes a break for it INS...