I have been writing more article on the home loans and tax related tips in this blog. If you are the old reader for this blog, would have more knowledge on the topics. I would like to bring out old topics and high light in this article. It would help the new readers to quickly [...]
May 8, 2013
What is notional rental income?
As per the income tax act, if resident owns more than one house then maximum one one house is considered as the self occupied. It means that if you own two flats in your name, for the income tax purpose you can show only one flat as the self occupied. Even if second house is [...]
May 7, 2013
RBI cuts repo rate by 25 bps
On May 3, RBI cuts repo rate by merely 25 bps after a prolonged request from the banks and other industry veterans. RBI also warned that there is no more room for the rate cut in the future without the drastic reduction in inflation. It is obvious that there is nor much decline in the inflation, [...]
March 6, 2013
Highlights of union budget for 2013-14
Finally much awaited budget 2013 is come out without exciting the investors. This budget is very simple and there is no significant change for the tax payers, finally the budget disappoint the middle class people by not increasing the tax slabs. So, one more year with the same income in the rising inflation environment. This [...]
February 27, 2013
11 things you should know about form 16
In my earlier posts, I have explained about what is form 16 and form 16a. This is not very difficult for everyone to understand, it is just an document you will be using for filing the income tax returns. Hundreds of readers have posted very basic questions about the topic without reading the complete article, [...]
February 26, 2013
What is Fiscal Deficit?
India’s fiscal deficit is gone beyond the safer zone. India’s finance minister has finding it difficult to control the fiscal deficit and that is the reason why there are increase in the fuel prices, new service taxes, etc. Out economic growth has come to an meagre 5% which is very low for the past 10 [...]
February 24, 2013
What is Portfolio Investment Scheme (PIS) for NRI?
Portfolio Investment Scheme (PIS) is a scheme introduced by Reserve Bank of India (RBI) under the Foreign Exchange Management Act 2000. As per the scheme, NRIs and Overseas Corporate Bodies (OCB) can buy and sell Indian companies shares through recognized stock exchanges in India. The transactions for buying and selling shares has to be routed [...]
February 23, 2013
Top 6 rules for NRI investors
NRIs have certain difficulties on investing on the Indian market. This is restrictions imposed by the Indian regulators to protect the Indian market from illegal money to be used in the stock market. One good thing is NRIs need not get any approval from the regulators to invest in India unlike foreign institutional investors who [...]
February 16, 2013
6 Ways to reduce motor insurance premium
In India, motor insurance is compulsory for all the vehicles except bi-cycle . Insurance premium for this vehicle would increase when the value of the vehicle increases. Most of the owners feels that buying insurance is waste of money, the important factor in the motor insurance is the third party coverage which is protecting you [...]
February 9, 2013
SJR Primecorp Parkway Homes
SJR Parkway Homes is the latest project launched by SJR Primecorp which is one of the leading real estate company in India. This project is currently launched as the pre-launch project and the initial bookings are offered with the discounts. If you are looking for more details, please call to the contact details provided with [...]
February 9, 2013
PF interest rates likely to get 8.5% for the the fiscal 2012-13
The Employees Provident Fund Organisation (EPFO) is proposing 8.5% interest rates for the current fiscal year 2012-13 to the central government. Over 50 million subscribers are part of the EPFO group and EPF is considered as one of the important retirement savings scheme for Indian population. In the previous fiscal 2011-12 the interest rates offered [...]
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June 26, 2011
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