Wealth tax is a direct tax (that is, the tax is paid by the person on who it is levied), just like Income Tax. In India, wealth tax is managed and regulated under the Wealth Tax Act, 1957. Similar to income tax, the wealth tax is also assessed on an annual basis. As the [...]
Real estate investment is one of the most popular investment avenues all over the world. Real estate investment – whether for a residential home, or simply as an investment option – continues to retain its charm despite periodic setbacks to the property market. As with all other investment options, investing in real estate also [...]
Financial capital is one of the most important components of a business. The need for financial capital grows with a growth in the business. At a certain stage, it becomes imperative to raise a large amount of financial capital to expand and sustain the business, and at an affordable cost to the company. An IPO [...]
Bombay Stock Exchange – Origins Bombay Stock Exchange, originally named as “The Native Share & Stock Brokers’ Association”, was established in 1875. This makes BSE the oldest stock exchange in the Asian economic region. It is also the biggest South Asian stock exchange in terms of market capitalization (NSE is the second largest!), and the 11th [...]
Financial scams have a habit of cropping up with an alarming regularity in the Indian financial system. We have reconciled to financial irregularities to such an extent that we simply do not pay heed to smaller scams that take place around us on a daily basis. I am, or rather was, a [...]
Income tax incidence is a major factor that affects the financial aspects of retirement planning. Financial security and stability is a chief concern post retirement, and the income taxes have a major impact on these aspects. Fortunately, the government and authorities have provided for a number of provisions that provide a [...]
Everyone wants Success. Majority start their journey towards success by cracking professional exams like IIT/Engineering entrance, CAT, IPS, PSC, IAS, IFS etc. The seats are limited and the numbers of applicants are almost 10 times the vacancy. As a result, these competitive exams have become strict norms for selection into any of the professional course. [...]
As a baby grow up, all parents become possessive about the kid and try to guide the kid to a better future. Parents want to secure their child’s future and make every effort to protect them from getting spoilt or getting swayed away by wrong things. Being protective about the child is good but sometimes [...]
Now a days, one of the most colorful and attractive part of most newspaper are the advertisements for coaching centers. You can hate them at there exaggerated display, but you cannot ignore them. I was first surprised to see the ads for coaching for Class XI students, as the classes generally start from the [...]
In today’s world writing a review about a movie which was released more than a week back would be labelled as laid back approach. But the fact is this is a movie which had such a bi-polar reaction that it amazed me and many a times I was almost about to question my reaction to [...]
IPTV, an acronym for Internet Protocol Television, is a system which delivers digital television to subscribers over the internet, or more specifically, over the broadband. Thus, it is different from the conventional delivery methods, wherein the TV service is delivered through radio waves, satellite signals or cable. IPTV service, just like your [...]
Cell phones available in the market can be either of the two types – locked and unlocked. So, what is the difference between a locked cellphone and an unlocked cellphone, and how is the locking/unlocking done? A locked cellphone is is provided by a particular carrier, and the SIM of the mobile phone [...]
“Youth in politics” has been frequently touted as the perfect pill to cure all the ills that plague the Indian political system. A number of debates, especially if they involve the ‘younger’ and ‘urbanized’ crowd, will frequently propose “youth in politics” as the perfect antidote to everything that is wrong with [...]
Egg Salad Sandwich is the most extensively made sandwich at home. The basic ingredient for egg salad sandwich are a few pieces of hard boiled egg, chopped onion, tomato & a dressing. This may not be the best Egg Salad Sandwich as I used did not like very much. But later when I stayed outside [...]
Once a baby is born, the parents start thinking about the education of their child. They start dreaming about a successful career of their child. The first step towards success can be started by teaching the baby to read. Earlier children were sent to school with a conception that reading and writing will be taught at [...]
“The greatest gift is the passion for reading. It is cheap, it consoles, it distracts, it excites, it gives you knowledge of the world and experience of a wide kind. It is a moral illumination.” — Elizabeth Hardwick Reading is a passion. Reading is a hobby. Reading is a habit. Reading is a skill. Once you get hooked [...]
Today the world has changed a lot since the days we were growing up. Today when you see kids playing with the mouse and keyboard of the computer at a very small age, sometimes you feel a sense of awe! But the truth is that, internet has become a reality which we cannot live without. [...]
Reading is one of the finest habits that a person can have. Previously when there were no televisions people used to spend their time by reading books. It was through books that people used to try knowing the world outside. They used to become members of libraries so that they can read more books. But [...]
Google Caffeine? Is Google diversifying into selling coffee now? Well no, Google is busy doing what it does best – exploring better ways to provide better user experience to its users. So, what is Google Caffeine, then? Apparently, the launch of Bing has inspired Google to improve on its already formidable search engine, [...]