The new penalty regime could create a fresh set of complications for tax payers.
Things are expected to change dramatically in a few years for urban consumers.
Once the income has been classified as either business income or capital gains, be consistent.
The proportion in which a joint home loan is taken is important.
Another major development is REITs coming closer to reality
Take a moment to consider ways to improve your finances.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Only tactical investors lose money in a downturn due to their short investment horizon
Gold has risen sharply due to rising risk aversion
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
A new couple's financial situation changes from their bachelor days.
Despite the slowdown, property investments can give them good returns over the long term
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
Follow these simple ways to get your banking practices right
Prepaying a loan is usually a good idea. And, part-prepaying the principal part of the loan makes even more sense. The reason is that it reduces the total amount of interest you have to pay out and, possibly, the loan tenure. But before doing so, you must look at some factors.
Banks have innovated with products and services to make them customer-friendlier. Check out if they really work for you.
You can avoid visiting banks, as several innovative technologies help you do banking transactions easily using your cellphone now
No one wants a recovery agent breathing down his neck. But if you slipped up on your debt, you may have to deal with him. Here's how to make the best of a bad situation