First, you must plan your credit card spends according to interest-free periods, i.e. the duration between the date of a credit card transaction and the…
Reit should be used as an asset that can help in delivering better returns than fixed income over the long-term Source: money
Gifts received from specified relatives are not treated as income Source: money
As per the income tax laws a person can have maximum of two self-owned houses as self-occupied Source: money
Income tax on land sale: The long term capital gain shall be calculated by deducting the indexed cost of purchase of the plot from the…
There is no specific and direct provision for taxation of withdrawal from NPS Tier II account under the Income Tax Act. Source: money
The interest on gold loans varies, ranging between 7% and 29%. Banks offer loans at lower interest rates than non-banking financial companies Source: money
An EPF account becomes ‘Inoperative Account’ and does not earn further interest, once an employee retires from service after attaining the age of 55 years,…
SBI, ICICI Bank, HDFC Bank and Axis Bank offer FD tenures ranging from 7 days to 10 years Source: money
ICICI Bank’s revised charges will be applicable for domestic savings account holders including salary accounts Source: money