Archive | August, 2009

How to adjust Loss from House Property?

August 30, 2009

22 Comments

In this article I will be writing about how to adjust loss on house property. In my previous article I have explained how to calculate the income from house property. In certain scenarios there may be loss from the house property. Income tax laws provides options to set off those losses from your other sources [...]

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ThinkPlanInvest.com Guest Post Guidelines

August 30, 2009

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It is almost one year when I started this blog. I started this blog with passion to share my financial knowedge with others. Interestingly I am not the guy hailed from financial background. Basically I am computer engineer with lot of interest in financial topics whick I liked to share with others. I am happy [...]

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Income From House Property

August 30, 2009

22 Comments

In this article I will be writing about the income from house property. If you have a individual house or appartment which you gave for the monthly renatal, the income arise from such property is considered as the other income and will be shown in the income tax returns. But, there is deductions and calculations [...]

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Interest Free Education Loans

August 28, 2009

784 Comments

Today there is a significant announcement related to the education loans by the government. Financially poor students can take the education loans without paying the interest till moratorium period. Here moratorium  period is 6 months after completing the course or when the student get the job, Which ever is happening first will be trigger the loan repayment [...]

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What is Form 16 and Form 16A?

August 28, 2009

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In this article I will be writing about Form 16 and Form 16A which is needed while filing the IT returns. Many people not aware of the from 16 and the intention of this post is to provide details about the form 16 and why it is needed. Form 16 and 16A is similar in [...]

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ICICI Bank offers Special Fixed deposit Interest Rates (Till August 31st, 2009)

August 27, 2009

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ICICI Bank offers 0.25% additional interest on their fixed deposit for the ICICI Direct customers. This offer calid till August 31st 2009. If you are ICICI Direct customers and planning to open a FD account in ICICI please use this offer.

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List of documents required for the Education Loans

August 27, 2009

14 Comments

Declaration/Affidavit confirming that no loan has been availed from other Bank/Institution Completely filled Application Form with Photographs. Letter of admission from the Institute Letter from the Institute stating cost break up of the program (term-wise, year-wise) Marksheets from SSC onwards till the latest examination passed KYC Documents for the Applicant & Co-applicant (Residence Proof , [...]

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ICICI Bank Charges for NEFT Transaction

August 26, 2009

68 Comments

From August 24th Onwards ICICI Bank started charging the transaction charges for any NEFT payments. Even ICICI to ICICI and any other banks also. The service charge is Rs.5 and applicable service tax based on the how much amount you are transferring. This is realy bad news for people who use the netbanking extensively. Below [...]

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Tata Motors Invites Fixed Deposit from Public

August 26, 2009

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It is second time Tata Motors inviting the public to invest in their company’s fixed deposit scheme. In this time they are planning to raise another Rs.1500 crore from the fixed deposit. In a public announcement, the firm today said on a minimum fixed deposit of Rs 20,000 for two and three years, it would offer [...]

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Education Loans – FAQs

August 26, 2009

63 Comments

Students who wish to pursue higher education .You need to be an Indian resident having secured admission in any of the bank’s list of approved course or universities. Age criteria for education loans? Anyone in the age group of 16-35 years can take this loan. Which expenses does the loan cover ? Fee Payable to [...]

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