Main objective of this presentation is to describe on Returns to Alternative Savings Vehicle. Savings Vehicle placing limits by tax authority under the provision of income tax law. Thus, restrictions are the restraints imposed by the tax authority that prevent taxpayers from using certain tax arbitrage techniques to reduce taxes in socially undesirable ways. For example, restriction on taxpayer’s ability to deduct interest only from the income out of investment by the borrowing.
Returns to Alternative Savings Vehicle
