Plan Your Investment

Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Morgan Stanley & Co International through its various investment arms has acquired over three crore shares, representing 7.68 per cent stake in the realty firm, Indiabulls Real Estate said [...]

The country’s largest lender, State Bank of India, today said it will consider a cut in interest rates after the bankers’ meeting with Finance Minister Pranab Mukherjee scheduled for early next month. “As far as interest rates are concerned, we will take a view after (bankers’ meeting with Finance Minister),” SBI Chairman O P Bhatt [...]

The full budget to be presented by the new government in the forthcoming session of Parliament to begin sometime next month may come packed with some concessions for the middle class by way of raising the tax exemption limit to up to Rs 1.75-Rs 2 lakh from the current Rs 1.50 lakh. The other benefit [...]

Is it a good time for those living in rented apartments? Your location could well be the answer to that. While some pockets in the country are showing an upswing in rentals, other micro-markets are witnessing a reverse downward movement. Leading real estate consultants say that the residential rental market has been moving in tandem [...]

In this article I will write about the Cost Inflation Index(CII) and how it is measured by the government every year. Many of us not aware of the term CII. It is the main logic behind increase in the value of land and house prices. The value is set by the government each year. This [...]

I want to invest Rs 40,000 for a short period. I would need the money in 6-8 months. Can you suggest an investment avenue that can give me best returns and also offer liquidity? I have ruled out a fixed deposit as I may need to break it and end up paying a penalty. The [...]

Introduction In this article I will be writing about clubbing the income from minors. If the person age below 18 is considered as minor and he/she is not eligible to submit the income tax under the Indian Income tax act except certain exceptional cases. If a minor is earning income, then it will be clubbed [...]

In an attempt to attract fresh retail money into equity schemes, fund houses have begun launching ‘daily SIP’ plans that allow investors to invest a small sum of money every day, if they so wish to. While Bharati Axa and Sahara Mutual have already launched daily SIP plans, several other top fund houses are also [...]

After Rs 1-lakh people’s car Nano, the Tatas on Wednesday unveiled a low-cost realty project which offers a house for less than Rs 4 Lakhs. Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just Rs 3.91 lakh in a township being developed at Boisar, 100 km from Mumbai. [...]

What is the New Pension System  (NPS)? It is a system where individuals fund, during their work life, their financial security for old age when they no longer work. All those who join up would get a Permanent Retirement Account (PRA), which can be accessed online and through so-called points of presence (PoPs). A central [...]