The 40 per cent exemption benefit is applicable only for employees.
The government has become used to accounting for TDS as its income even though it knows a significant portion needs to be returned as refund
Section 54 provides a tax-free method to convert unaccounted money into accounted money, says Harsh Roongta.
If you are one among the millions of existing borrowers who are paying a higher interest rate compared to new borrowers of the same bank, make your shift now, before prepayment charges make it more expensive.
When you pay by cash, the pain is the highest and when you pay by credit card, the pain is reduced considerably.
When the bull run begins its march again, it will really be different!
The average rate of rupee depreciation vis--vis the dollar over the last 20 years is around 3.50 per cent per annum
Govt should take steps to monetise real estate investment schemes.
Act on your good intentions now. You have nothing to lose and everything to gain.
The idea was that despite some defaults the high rates would assure good profits.
Despite intermittent attempts by lenders to come out with fixed rate home loan products, the high interest rates (as compared to floating rate home loans) ensured that they were not considered as a real option by consumers.
At that time, nobody would have thought a construction period of three to four years would be grossly inadequate
The withdrawal right is hemmed by many conditions.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
Group policies usually cover all pre-existing diseases and, therefore, the claim process and the cashless process are much easier.
The Employee Provident Fund (EPF) contribution should no longer be restricted to 12% of basic and dearness allowance, according to a recent circular.
There is a general perception that public sector banks treat their wives better as compared to their private sector counterparts.
Everyone thinks that they need insurance only when they die, but surprisingly, you need more insurance when you live. Surprised? Read on to know why.
Reading of the motor insurance policy documents and discussions with the general insurance companies seem to suggest that the affected third parties are eligible to be paid the damages despite the driver causing the accident while under the influence of alcohol.