Plan Your Investment

You have to pay the tax for the gifts received, if it is from the non-relatives. There is no tax if the gift is given by the relative. The following section will explain the clear meaning of relatives in the Income Tax perception. Also there is no tax if the gifts are in any kind [...]

Eden Park in OMR The Old Mahabalipuram Road (OMR) is a popular hub for IT infrastructure facilities in Chennai. This has led to a boom in the demand for quality housing along that stretch. L&T’s real estate property division L&T Urban Infrastructure Limited and its partner companies re-inventing the concept of urban living with Eden [...]

A patta land means it is private property stands in the name of an individual. in fact in case of civil disputes patta holder is having good title over the property. If you are buying any new land, it is required to check the patta details before making any decision. It should be in the [...]

Term Insurance plans are the purest insurance plans available in the market. There are different types of insurance plans in the market like Term Insurance, Endowment Insurance, ULIP, etc. Every type has its unique features. I have already written one article about the difference between insurance and investment. So, it is good to select the [...]

Introduction In my previous article I have explained about the LIC Jeevan Nischay, a new policy introduced by the LIC. Here I am writing about the another new policy from the ICICI Prudebtion, called as ICICI Pru. Pinnacle. It is an ULIP policy. If you are not sure about ULIP policy, read our previous article [...]

Introduction In this article I will be writing about the new policy introduced by the LIC last month, which can be taken as the top up policy on the another existing policy. This article presents some of the key facts on that new policy. If you have any doubts please post it in the comments section. Please [...]

SBI Reduced Term Deposit Interest Rates SBI has reduced the term deposits interest rates effective from 9th November, 2009. The difference from the previous rates are varied from 0.25% – 0.50%. Interest Rates for Deposits below Rs. One Crore (% p.a.) Tenors Existing w.e.f. 05.10.2009 (% p.a.) Revised w.e.f. 09.11.2009 (% p.a.) 15 days to [...]

In my previous articles I have explained about the gold as preferred investment option and the rising gold prices. Today I have read article on moneycontrol website about the 13 reasons to buy the gold. 1. Global currencies are at an imbalance 2. Investment demand for gold is accelerating 3. Printing currencies 4. Huge supply [...]

This article explains how to revive the lapsed insurance policy in case of failed in paying the premium. It is one of the most common problem for the policy holder, they may miss the due date for several reasons and tend to revive the policy later. It involves certain procedures and penalty for reviving the [...]

Introduction In this article I will be writing about the one of the fastest way to get the loans for any urgent need. These loans are not available in India, but most commonly used in the western countries like USA, UK, etc. This article presents the nature of payday loans and how to apply for [...]