Investment Advice for Stocks (Share), MF and Personal Finance » Personal Finance

Tips for making tax-related investments before March 31

admin — Wed, 01 Feb 2012 03:34:00 +0000

The tax season is here again. It’s time to dust up your older investment files, call your tax consultant to quantify the tax-saving investments to be made and decide where you wish to invest this year. Instead of conducting a meticulous exercise, however, most people simply jump at the first product pushed by their neighbour, [...]

Tips for making tax-related investments before March 31 is a post from: Indian Stock Market Tips

High tax bracket investors should invest in infrastructure bonds

admin — Tue, 31 Jan 2012 04:13:49 +0000

It is time to start working on your tax savings. With just 2 months away from March 31, it is time to execute some action. Infrastructure bonds are gaining popularity as a tax saving instrument because of the recently introduced tax benefit under 80CCF. Under this Section of the Income Tax Act, an investor can [...]

High tax bracket investors should invest in infrastructure bonds is a post from: Indian Stock Market Tips

Buy Infrastructure bonds and save up to Rs 6,000 tax

admin — Tue, 08 Nov 2011 03:22:00 +0000

Most of you must be recovering from the excesses of festivities. It is, therefore, hardly time to discuss tax planning. However, the trouble is that your employer would ask for your final tax-planning details in less than a month. If you want to avoid the last-minute rush, it is time to start giving final touches [...]

Buy Infrastructure bonds and save up to Rs 6,000 tax is a post from: Indian Stock Market Tips

Guarantor is as much responsible as borrower for loan repayment

admin — Mon, 07 Nov 2011 03:39:00 +0000

‘A friend in need is a friend in deed’ goes the age-old saying. Many of us believe this notion when a friend asks for help. But in today’s day and age, what one doesn’t realise is that these ideas have to be taken with a grain of salt, especially when it comes to financial transactions. [...]

Guarantor is as much responsible as borrower for loan repayment is a post from: Indian Stock Market Tips

Infrastructure bonds, All you should know

admin — Sun, 25 Sep 2011 05:26:59 +0000

What are tax-saving infrastructure bonds ? These are special bonds issued by institutions such as Industrial Finance Corporation of India (IFCI), Infrastructure Development Finance Corporation (IDFC) and any non-banking financial company, also called infrastructure finance company by the Reserve Bank of India. In financial year 2010-11, the likes of Larsen & Toubro (L&T), India Infrastructure [...]

Infrastructure bonds, All you should know is a post from: Indian Stock Market Tips

6 smart things to know about tax benefits on home loan

admin — Mon, 05 Sep 2011 04:40:27 +0000

Home loan borrowers are entitled to tax benefits under Section 80C and Section 24 of the Income Tax Act. These can be claimed by the property’s owner. In the case of co-owners, all are entitled to tax benefits provided they are co-borrowers for the home loan too. The limit applies to each co-owner. A co-owner, [...]

6 smart things to know about tax benefits on home loan is a post from: Indian Stock Market Tips

How to close your depository account

admin — Thu, 01 Sep 2011 05:41:15 +0000

You need a depository account to trade in stocks. When you buy shares, a broker transfers the shares to your depository account. And when you sell shares you transfer them to the brokers depository account. Investors keep shares in the electronic form in two depositories – the Central Depository Services Limited ( CDSL) or National [...]

How to close your depository account is a post from: Indian Stock Market Tips

Should NRIs file income tax returns in India?

admin — Thu, 18 Aug 2011 02:39:00 +0000

Who should file returns? If you are an NRI, you would have to file your income tax returns for 2010-2011 if you fulfil either of these conditions: Your taxable income in India during the year 2010-2011 was above the basic exemption limit of Rs 1.6 lakh OR You have earned short-term or long-term capital gains [...]

Should NRIs file income tax returns in India? is a post from: Indian Stock Market Tips

Forget the RBI raising rates, when buying property, earlier the better

admin — Tue, 09 Aug 2011 03:39:00 +0000

Till late last year, buying a property seemed wise decision. Prices were increasing every month and interest rates were low. Now, nine months later, the outlook of those on the lookout for a property has changed significantly. The giddy price rise that characterised the real estate markets in the middle of 2010 has now given [...]

Forget the RBI raising rates, when buying property, earlier the better is a post from: Indian Stock Market Tips

HNIs rush to buy gold as part of diversification drive from stocks, bonds

admin — Sat, 06 Aug 2011 03:26:00 +0000

Gold’s record-breaking spree, which continued for the second day on Wednesday , is unlikely to deter rich investors or so-called high net worth individuals (HNIs) from buying the metal in physical form, market experts feel. The metal hit a record high of Rs 24,593 a tola (10 gm) in Mumbai’s grey market in noon trade [...]

HNIs rush to buy gold as part of diversification drive from stocks, bonds is a post from: Indian Stock Market Tips