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Are you a Bank employee? Did you take an "interest-free" loan from your Bank? *You need to pay tax on the "benefit" you got, says the Supreme Court.* (FE)
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Enjoy Canada. The American Dream is falling apart
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Capital Gain Tax Not Payable On Transfer Of Shares By Way Of Gift: Bombay High Court https://www.livelaw.in/high-court/bombay-high-court/capital-gain-transfer-shares-gift-bombay-high-court-257502
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Capital Gain Tax Not Payable On Transfer Of Shares By Way Of Gift: Bombay High Court

The Bombay High Court has held that capital gain tax is not payable on the transfer of shares by way of gift.The bench of Justice K. R. Shriram and Justice Neela Gokhale has observed that Section...

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https://www.youtube.com/user/goodfundsadvisor For deep insights on Wealth Creation
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There’s nothing wrong with retiring in your sixties, but what if you didn’t have to wait so long? What if you could save up enough money to retire in your fifties, forties or even earlier? Learn all about the secret to retire early with your terms in the Amazon Best Seller DONT RETIRE RICH https://amzn.to/3cHUM6M
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SC hold bank employees' interest-free loans taxable as fringe benefits

The Supreme Court has ruled that interest-free or concessional loans given by banks to their employees will be considered "fringe benefits" or "amenities" and therefore taxable. The court argued that these benefits are unique to bank employees and are in the nature of a "perquisite," thus liable to taxation. The court upheld the income tax rule, but deemed the fixation of SBI's interest rate as the benchmark to be neither arbitrary nor unequal exercise of power.

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