Archive | January, 2010

What is Cash Reserve Ratio (CRR)?

January 31, 2010

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Last week RBI has increased the CRR rates by 0.75. If you are not aware of what is CRR, this article will provide you basic idea on how the CRR will impact the finance market. Every bank in India has to maintain the some portion of money with the Reserve Bank of India(RBI). If the [...]

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Requirements for Hospital in Processing the Medical Insurance Claims

January 29, 2010

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In my previous article I have written about the tax exemption for medical insurance and medical claims. Also there is one important factor determines whether the hospital is eligible for claiming the expense. There is certain rules which needs to be met by the hospitals. Subscribe to our future articles here. Check List There should [...]

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How NRI’s can invest in Indian share market?

January 28, 2010

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I am getting many queries from NRI readers about their investment in India. One of the question is, what are the procedures to start investing in the Indian stock market by maintaining the NRI status. In this article I will be listing the few points which needs to be done before start investing. If you [...]

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Top 5 things to consider for mediclaim reimbursement

January 27, 2010

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Few days back I have written about the tax exemption for medical insurance. The deductions can be claimed u/s 80D. There is many other things we have to note down while claiming the medical expenses. There is many circumstances the claims will be rejected due to the insufficient documents or details submitted to the insurance [...]

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HDFC Bank charges for NEFT Transactions

January 26, 2010

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In our previous articles I have written about the NEFT charges by ICICI Bank. Later they have withdraw the charges. It is known that SBI bank is already charging for the online transactions. Nowadays many banks started looking for the new ways to make money from the online account. It is obviously not good for [...]

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Tax Exemption on Capital Gains when selling Agricultural Land

January 25, 2010

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In the past I have written many articles about the capital gains and capital gains while selling the agricultural land. Also I have written separate article about when agricultural land is capital asset?. Note that, in certain cases the capital gains are fully exempt in case of the  profit from selling the agricultural land. This [...]

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Tax Exemption for Medical Insurance u/s 80D

January 24, 2010

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In my previous articles I have written about the medical insurance and the tax exemption for paying the insurance premium. In this article I just want to present the table format which explains the amount of eligibility for the tax exemption. Many people not clear how much one can claim under the medical insurance premium. [...]

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Why should you file IT returns?

January 23, 2010

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In this article I will be writing about the few facts why it is necessary to file the IT returns. How ever there is no strict rules to file the IT returns, many people not taking this as the serious matter. That attitude should be changed and every one must file the IT returns. In [...]

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Stamp Duty and Registeration Charges on Property

January 21, 2010

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In this article I will be writing about the stamp duty and registration charges associated with the property purchase. Many of our readers have doubts on the same and posted in the comments. I feel this article will answer some of the queries posted by our readers. If you have any doubts, please post it [...]

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Why ULIP’s are not good choice?

January 19, 2010

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Introduction In this article I want to explore few facts about the product Unit Linked Insurance Plans(ULIP) and why it is not the good option as many of the people unknowingly buying this product. This article explains about the ULIP and it compares with the mutual funds. Also why agents are misleading the customers to [...]

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