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It depends on the assessing officer's interpretation. To be on the safe side, have a separate trading account.
Ticket prices of even low-cost airlines will go up by Rs 1,000-2,000 due to unbundling of services.
It isn't easy being a retired person. With some banks already cutting down the rate of return on fixed deposits offered to senior citizens and the Union Budget rationalising dividend taxation on monthly income plans, the higher returns and tax benefits they enjoyed are already gone.
Seek proper documentation before investing
For big amounts, loan against property is cheapest; for small ones opt for loan against insurance policy or FDs.
Cuts loan rates for third homes to regular rates.
Banks send these mails simply as a marketing exercise. It neither reflects your loan eligibility nor ensures lower interest.
Investing in such properties is high-risk proposition, as developers do not have requisite approvals. At a later stage, projects can be delayed or even shelved for lack of funds.
For non-resident Indians (NRIs), the recent relaxation in the inward remittances guidelines by the Reserve Bank of India (RBI) comes as a relief.
Lenders offer both fixed and floating rates and the period usually varies between three and five years.
The price of an old car versus that of a brand new one always tilts the scales in favour of the former.
Last week, when the Builders Association of Navi Mumbai organised a property exhibition, they were taken by surprise when 200,000 visitors turned up for the four-day event.
ULPs have become more consumer-friendly. But do you really need one?
After cashing out of the recent stock market rally, investors aren't ploughing their money into just initial public offerings (IPOs), bonds or real estate. The feel-good factor has prompted many of them to splurge on luxury cars, exclusive holidays and designer brands.
With the stock market nearing its all-time high, the best way out is to sell them in tranches.
Your financial health, for instance, can be diagnosed by looking at a few ratios.
More credit bureaus to ensure faster dispute resolution.
hree big players -- ICICI Lombard General Insurance Company, Bajaj Allianz General Insurance and Apollo Munich -- have launched policies in tie-ups with spas, gymnasiums, yoga institutes, diagnostic centres and health food retailers to offer discounts to customers on these services and products.
When an investor opts for a systematic investment plan (SIP) in mutual funds, the purpose is to average the cost of buying a bouquet of stocks, inculcate discipline and not having to worry about daily market fluctuations.
The IPO grey market premium does not value a company accurately. You may burn your fingers.
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