If you are wondering where to invest, here are some excellent investment options for you.
A look at what constitutes Income on Indian soil and what is not from the perspective of the income tax department. The income tax department defines certain incomes as Accruing or Arising in India. This is the basis of calculating your income and income tax. Let's get to know a bit more. . .
We all tend to look at the returns of the mutual fund before taking a decision to invest our hard-earned money in it. The returns actually denote the appreciation/depreciation of the NAV of the fund. Unfortunately, NAV (Net Asset Value) of the fund is grossly misunderstood. Here we attempt to clear the myth surrounding NAV.
Disability insurance, often called disability income insurance, is a form of insurance that insures the beneficiary's earned income against the risk that disability will make working (and therefore earning) impossible. It includes paid sick leave, short-term disability benefits, and long-term disability benefits.
Foreclosure is a procedure that takes place when the borrower is not able to pay the loan on time. Due to this reason the lender (banks, financial institutions) would declare the borrower as a defaulter. If the borrower is not able to meet the loan expectations for a prolonged period of time, then the lender would try to sell the property and recover the losses that were created by the lender.
Do you have wings on your feet? Are you happy to travel until your money runs out? You're a free spirit, but what if your job's not waiting when you come back? Now, that should be a powerful incentive to economise on the stuff that doesn't matter, while still having a great trip. Here are some nifty ideas to do just that:
Generally, there is a grace period for paying your insurance premiums -- a period of one month. During this period, the policy remains valid. However, beyond one month, the policy lapses, and no claims will be entertained by the insurance company in case of any eventuality.
Flood insurance denotes the specific insurance coverage against property loss from flooding. The protection offered by most policy covers losses incurred due to some failure at the home itself.
Inflation does NOT, however, mean an increase in the general price level of goods and services within a country. What inflation actually means is an inflation of the money supply, i.e. an increase in the total number of rupees in circulation.
When we try and understand the term 'liquid' in financial terms, it means an asset which is as good as hard cash. Real estate is the least 'liquid' of all assets and a savings deposit is the most 'liquid' of all. Similarly, Liquid Funds are a kind of mutual fund or debt fund which can be redeemed in as less as 24 hours.
This is the time to sit down and stress on the importance of your partner needing to be aware of all important financial information. This may not be the most entertaining of activities, but it is the key to taking the best possible care of one of the most important people in your life.
Here is a quick round up of what budget 09-10 is expected to hold for the Indians this coming year.
The Budget 2009 has spared small businesses from a lot of administrative hassles. Finance Minister Pranab Mukherjee has submitted that small businesses below the turnover of Rs 40 lakh (Rs 4 million) have the option of declaring income at 8 per cent of their turnover and pay taxes accordingly.
From a consumer point of view too this would bring about an improvement in the service levels of these companies as there would be more pressure on these companies to perform better and get profits.
A case study on why the Rs 1 lakh (Rs 100,000) tax-free investment limit for Section 80C of the Income Tax Act is ridiculously low and impractical.
There has been considerable discussion during the past few years about the Government changing from the EEE to EET Tax regime related to tax saving financial products. The acronyms have a simple expansion: Exempt -- Exempt -- Exempt and Exempt -- Exempt -- Tax. With the upcoming Budget expected to give some direction on this issue, its time we understood what these terms mean and their impact on our pockets.
The debate on interest rates continues on the days leading to the Budget. So what are its consequences on our household budgets and pockets? Read on. . .
In one of its recent announcements, the Reserve Bank of India announced that come August all online credit and debit transactions will need to go through one more step before they can be completed successfully.
Insurance premium is not common for all types of cars. Hence, you should know the premium amount before you decide to buy a car.
These funds constitute their portfolio using the same stocks and in the same ratio as found in the index. These funds simply mirror the index. So their returns are in the same line as the returns generated by the index. They will never outperform the index.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances