Keep yourself updated with the latest financial news and updates.
Posted On : 06-Nov-2022
Reference : Money Control
While interest paid on housing loan is deductible up to Rs 2 lakh, there is no limit on the interest claim for a let-out property under the Income Tax Act.
Posted On : 06-Nov-2022
Reference : Money Control
The Capital Gains Account Scheme allows you to avoid taxes on your capital gains from the sale of mutual funds, stocks, gold, etc., provided you buy a house.
Posted On : 06-Nov-2022
Reference : ET Wealth
In a zero-cost term insurance plan, the policyholder has the option to exit the plan at a certain age and get all the premiums that he has paid minus GST. These plans usually have a long policy term of 35 to 40 years. Are they really zero-cost?
Posted On : 06-Nov-2022
Reference : ET Wealth
Here are seven popular investment options that senior citizens can consider for a regular income.
Posted On : 06-Nov-2022
Reference : ET Wealth
It may happen that senior citizen has given away their property/assets to their children/legal heirs, thinking they will take care of them. However, once the property is in their name, they don't want to take responsibility for their parents. Here's what senior citizens can do to get their property gifted back.
Posted On : 06-Nov-2022
Reference : The Economic Times
For individuals who are not in the business of constructing and/ or selling immovable properties, any gain/ loss arising on the sale/ transfer of immovable property is categorized as ‘income under the head capital gains’ since an immovable property qualifies as a ‘capital asset’.
Posted On : 23-Oct-2022
Reference : Hindustan Times
Four years after its illegal status was raised in the assembly and C-Ward officials were suspended by the state government.
Posted On : 23-Oct-2022
Reference : Indiatoday.in
The Enforcement Directorate has seized a mountain of cash in the last three months. Here's what happens to the cash seized by agency officials.
Posted On : 23-Oct-2022
Reference : ET Wealth
Renting a place is often the go-to option for most working people to fulfill their housing needs instead of buying one straightaway. But, if certain legal safeguards are not adopted, the process could become problematic. From spelling out modalities pertaining to the security deposit to fixing tax liability, there are several aspects that require attention to detail. Here are some handy tips on the care that needs to be taken while drafting one's rent agreement with a prospective landlord.
Posted On : 23-Oct-2022
Reference : The Economic Times
An NR not only includes an Indian citizen who stays outside of India (commonly referred to as Non-resident Indians or NRI) due to educational, employment, or business reasons but it also includes all individuals (including foreign nationals) who may have visited India in a particular financial year but do not satisfy the physical presence test as laid down in the Act.
Posted On : 23-Oct-2022
Reference : ET Wealth
Increasing access to technology has also led to a rise in cybercrimes. Find out how savvy you are about digital security.
Posted On : 23-Oct-2022
Reference : Indiatoday.in
Bhabi Ji Ghar Par Hai actor Deepesh Bhan's wife took to social media to inform that her home loan of Rs 50 lakh has been repaid. She thanked Saumya Tandon for the fundraiser.
Posted On : 23-Oct-2022
Reference : ET Wealth
Several banks, including SBI, ICICI Bank, Bank of Baroda, Canara Bank, and PNB, have raised their loan interest rates.
Posted On : 23-Oct-2022
Reference : The Economic Times
The former British colony leaped past the UK in the final three months of 2021 to become the fifth-biggest economy. The calculation is based on US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund.
Posted On : 20-Sep-2022
Reference : Economic Times
The seniors are more trusting and less aware of the risks around them.
