Plan Your Investment

Introduction I have published article on Interest Free Education Loans on 2009 and updated with another article once the scheme becomes operational. There are lot of queries on each article about the eligibility to apply for the scheme and various doubts. I have decided publish another article with more details about the scheme and the [...]

Recently International Financial Corporation(IFC) has listed the citites in india based on the business conditions and how easy to start a business. The following are list of cities in order: 1. Ludhiana – Panjab 2. Hyderabad – Andra Pradesh 3. Bhubaneswar – Orissa 4. Gurgaon – Haryana 5. Ahmedabad – Gujarat 6. New Delhi – Delhi [...]

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 [...]

As we know that the filing of tax returns date is nearing. Many of us have doubts that is it mandatory to file the tax returns?. Even if it is not mandatory, better to file the tax returns to avoid any future legal implication. However government has made six rules when the filing of tax [...]

ICICI Bank Ltd has announced a reduction of 0.50% in its Floating Reference Rate (FRR) for consumer loans (including home loans) with effect from April 22, 2009. The revised FRR will be 13.25% p.a. as against 13.75% p.a. at present. All the existing floating rate customers will be benefited by the reduction in FRR. ICICI [...]

Introduction Earlier I have published Tax Planning for 2009 – Part 1. The previous post explains the basic stuff on tax savings using the home loans and the fixed deposit schemes. It doesn’t look into any specific section of the income tax act. This part of the article will be looking into section 80c of [...]

There is another round of fixed deposit rate cuts to be announced soon. May be with in few days of time. As we know the fixed deposit rate reached highest 11.0% p.a. in starting of this year. People utilized this opportunity to invest more money on fixed deposit. Now, it is time for rate cuts. [...]

Introduction In this article I will be writing about the home loans top up.  The top up loans are god send when you are in the urgent need of money. There is some restrictions for santioning the top up loans. This article will present you the clear idea on top up loans and the tax [...]

Introduction In this article I will be writing about the insurance cover for the home loans. Don’t confuse with the home insurance and the home loans insurance. There is clear difference between home insurance and home loans insurance. Here I will be explaining the reason for the home loans insurance and why one has to [...]

Introduction In this article I will be writing about the another fixed deposit scheme from the corporate. It is Mahindra Finance Fixed Deposit scheme.  In my previous article I have written about the Tata Motors Fixed Deposit Scheme. Tata Motors is the first one to come up with this type of scheme, follwed by Mahindra [...]