Plan Your Investment

Raj is an engineer from Bangalore, has sold his land in native place for Rs. 75 lacs and wondering what to do with that money. Assumes he owns all the money and there is no liability for him to pay the tax if he has any profit for that transaction. He is not aware of [...]

We are spread across the world and there is no limit for crossing the border of our own country. Those who are Indian citizen and residing outside India is known as Non Resident Indian (NRI). The common reason for travelling abroad is to get the better job opportunity or higher education. Some of them will come back [...]

After a long awaiting, the Union Budget of India has been delivered by our finance minister Pranab Mukarji. There is mixed opinion on this budget, but seeing the opinion from the experts, the budget mainly lack of the focus on India’s future growth. Also the expectation was huge for this budget because India’s financial deficit [...]

In the last couple of years the prices of properties in Indian cities have skyrocketed to the new highs. The rise in the price is because of the various factors influencing the property market like loan interest rates, construction cost of the civil work, land prices, increase in the registration and tax rates, etc. Another important factor is that people [...]

Form 16 is one of the important component on filing your income tax. It has been detailed out in my previous article on What is form 16 and form 16a?. If you read the hundreds of comments posted on the article, it shows that there are many readers who are still having the doubts and [...]

Last year central board of direct taxes (CBDT) has announced an exemption for filling the income tax returns if your income is below Rs. 5 lacs. But, it came with the lots of restrictions which makes it is almost impossible for the tax payer to use the exemption. The condition is that if you are [...]

In India, CIBIL is the first company to enter for providing the credit score and credit history for the bank’s customers. All the banks in India check with CIBIL for the details of the customer after receiving the application. Last week I have published an article about the online application to get the CIBIL report. [...]

We are spending money for our needs, this can not be reduced or stopped because we have to spend for our basic needs to run this life. But, what if you can make some gains out of your spending habits?. For example, you are going to a mall in your city and purchasing the clothes, [...]

If your family depends on your income, you have to seriously consider buying a suitable term insurance plans. In the past decade, we are more familiar with only one life insurance company that is Life Insurance Corporation of India (LIC). Even today most people trust LIC compare to taking the policy with the private companies. [...]

Prestige Group, one of the popular builder in Bangalore has announced its pre-launch new project called “Prestige Garden Bay”. The project spread across 6.2 acres of land will house 184 town houses over 8 blocks. This project consists of 3 & 4 bedroom apartments and there is no villas with this project. The price of the [...]