Now it is almost the end of Financial year 2009-10 and we are loaded with the tension of investments and tax saving.
Have we invested enough to save tax?? Where to invest to save more tax?? How much to invest?? Is the investment in this particular instrument worthy?? These are all the questions that hover in our mind.
Nowadays it is often recommended that if you are a high tax payer then try to buy a flat or house by taking home loan and this will help to save your tax to the maximum. Now even though it seems to be a good option, how much can you literally save through investing in home loan is a BIG Question………
Under Sec 80C, the annual...
Saving does not come easily for most of us, and for few people, it is a positive pain (yes, that includes me, too!). However, as I pointed out in my previous articles, saving is an absolute necessity, if you want to start investments, and move ahead...
What is a QIP? Why is it hot now?
On 05 June 2009 by iBlogger -
7 Comments -
There are broadly two ways companies can raise cash from the capital markets:
1. Debt – Taking a loan from the market. Companies intending to raise cash through this route could borrow money from banks/ financial institutions/ high networth individuals/...
Reverse Mortgage: An Income Option for Senior Citizens
On 26 March 2009 by Siddharth Singh -
3 Comments -
As a person moves towards the twilight years of life, one of the greatest concerns is keeping up with the financial needs of the life after retirement. Existing data shows that in India, only 4% of the persons over 60 years of age get a regular pension...
Personal Loans: 5 Points to Remember Before Applying
On 18 March 2009 by Siddharth Singh -
6 Comments -
Loans for all your needs – vacation, marriage or education. Or so the punchline claims. Besides, a personal loan is an unsecured loan, that is, you do not have to provide any security or collateral to the bank. This feature is frequently touted...