Raising Money with Loan against Gold
The practice of savings in relation to the underprivileged greatly varies when judged against the affluent sections in India. It has been observed in this regard that the wealthy are prone towards spending or employing their savings in various forms of assets whereas, the underprivileged still carry on spending their savings largely on gold. This...
Enjoy financial freedom with home saver loan
Everyone loves to live in owned house but with sharp increase in property prices in last 10 years, buying a property has become difficult for a middle class person. For such people, home loan becomes a boon to fulfill their dreams. Home loan enable a person to own a property which was beyond his reach...
Permanent Account Number (PAN) – Why is it Essential?
Permanent Account Number is a 10 digit alphanumeric number, which is issued as a laminated card, to any “individual” who applies to get it by Income Tax Department, or else to whom the IT department allots this without an application. It enables the Income Tax department to link every transaction of the “individual” with the...
Things You Want to Know Before Taking a Home Loan
Now a days, lots and lots of people are fulfilling their dream for a home with the help of with easy financing options. Home loan makes it very easy for masses to own a home. Almost all banks and various NBFCs offer home loan ranging from the period 5 to 25 years. You need to...
Short NRI’s Guide to Banking, Insurance & Investments
The article below is a short guide for all the NRI investments. Issues like Basic Banking Accounts, Insurance, Mutual Funds and Shares are discussed thoroughly. The very first and foremost step that an NRI is required to take is opening correct Banking accounts. Following are the options they have: An NRE account NRE bank account is an...
REAL ESTATE REGULATIONS & DEVELOPMENT ACT | RERA KEY POINTS
The introduction and enactment of Real Estate Regulation and Development Act (RERA) was made on May 1st 2016. The same has been made applicable on May 1st 2017. This article will tell you all you need to know about RERA. Readers/Investors can decide whether RERA works for them or against them. We are all mindful of...
How to correct errors in the CIBIL Report?
Errors sometimes are inevitable. How much ever careful one is, errors do creep in somehow. Seeing an error in the CIBIL report is a very disheartening situation. It feels bad to see your name in the defaulters list, and the feeling is even worse if you do not know how to correct this mistakes. This...
Additional Income tax benefit on Home Loan in Budget 2013
This budget, there is a good news for people who are planning to buy their first home this year. You can avail an additional Income tax benefit on home loan interest payments, stated as follows 1. New loans up to Rs 25 lakh for the people buying their first homes will be eligible for tax deduction...
How does Hindu succession law apply if a written will is missing?
Money is one thing in this world which has immense power, sufficiently enough to break relations too. A missing written will can create one such situation too. There is usually no problem when a person makes a will in written and assigns the persons who get the shares in the property. But many times, people...
Raising Money with Loan against Share and Mutual Funds
If you are looking to raise capital on a short notice and without much hassle, securing a loan against securities is a reliable option. Banks provide loans against a variety of securities like equity shares, mutual funds, RBI bonds and even life insurance policies. It is a good idea to understand the working of such...
