If you are an NRI and have a business or asset in India, that provides you with income, you are required to pay income tax just like any other Indian. Indian taxation laws are quite different for NRIs and it is important that you are aware of what you are liable to pay.
The RBI has issued certain guidelines to detect counterfeit notes. Some of the common ways to detect fake are Watermark, Security Thread, Colour and Fluorescence.
For those planning on buying a house, it is the best time to start looking around and negotiating. Considering that banks are floating new schemes to fund home buyers, you can shop around for loans that give you the best deal.
The draft Direct Taxes Code promised by the finance minister is up for discussion. This article looks at the proposed changes in the new code which would affect businesses.
What does the proposed Direct Taxes Code hold for the common man? A look at visible effects and implications of the proposals on our monies.
A look at the new entry load and exit loads for mutual funds.
Bonds are debt (loan) instruments with a typical coupon rate (interest rate) and term (time period). The issuer (borrower) is normally a company, a municipality, a large utility or the government itself.
Long-term investors can never lose money in the stock market if the fundamentals are right!
The corporate health policy ceases under following circumstances: The company winds up; you resign or you are terminated from the company; you retire from the services at the age of 60; the company decides to withdraw the health policy benefit to employees, i.e. there is no law that the company should provide health policy to employee; most corporate policies also have restrictive covers.
Car enthusiasts pride themselves on the car that they drive and care for it as though it's a part of their family and not just a mere mode of transportation. This is especially true for owners of vintage cars who draw their purse strings together when it comes to taking care of their beloved cars.
The Direct Taxes Code is being mooted as a replacement to the Income Tax Act 1961. What is the idea behind replacing something that has been around for close to 50 years and what is the strategy behind the exercise?
Hedging refers to a method of reducing the risk of loss caused by price fluctuation.
You can mortgage gold with any bank, with the minimum of paperwork and walk out with the money almost immediately. Some banks claim to process gold loans in three minutes, while most banks hand you the money within an hour!
Forex trading is the act of trading currencies from different countries against each other. Forex is acronym for foreign exchange.
PE ratio is one of the most widely used tools for stock selection. It is calculated by dividing the current market price of the stock by its earning per share (EPS). It shows the sum of money you are ready to pay for each rupee worth of the earnings of the company.
The most common method of benefiting from indexation is to prolong booking profits, such that it spreads out over two financial years.
A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency.
In certain cases, the fund manager tends to buy stocks and hold onto them for a long time and only sells them if certain situations so demand. But in other cases, the fund manager keeps on buying and selling the stocks that his fund holds.
A holiday overseas is a dream shared by almost everyone. But a holiday, a time to just relax and enjoy, can quickly turn into a nightmare if not planned properly.
Well, if you are someone who craves adventure and indulges in activities like paragliding, scuba diving, bungee jumping and mountaineering, you may want to see what you can do about insuring yourself.
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