Get Ahead Tax expert Mahesh Padmanabhan on short term and long term capital gain tax issues arising out of selling your old home and buying a new home.
Before opting for a joint home loan with your parents or spouse you must first understand the implications of this loan.
It's unfair, isn't it? That good borrowers are not rewarded for their discipline and are forced to subsidise indisciplined borrowers who may pose higher credit risk...
Do you think your bank is amortising your home loan correctly? You need to keep a check on this.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
What do developers do when apartments aren't finished on time? Some pay back their clients as part of a penalty clause.
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A discount on the product may make a credit card loan seem cheaper than a consumer durable loan. But missing a payment in case of the former will mean exorbitant charges.
'The economy of Kashmir has collapsed.'
Have you always paid all your EMIs without defaulting? Or have you defaulted on your dues on a number of occasions? Is there any way by which you can get to know your credit rating?
We invite readers to share their experiences with relationships gone wrong.
Rediff.com's Syed Firdaus Ashraf and Hitesh Harisinghani speak to millennials to find out if the ease of ride-sharing apps like Ola and Uber was a reason for them not buying a car.
Understanding the calculations involved while computing the home loan eligibility has seldom been easy for individuals
Move beyond making notes and Excel. With a little bit of discipline, a personal finance software can help you be your own money manager.
Summer diet tips, tax saving mantras, US visa info... more
Where are interest rates expected to go from here? What should the new home buyers do? What should the existing home buyers be aware of?
Banks may be offering you more services than ever, but they have their price tags
Concern is growing among healthcare experts who believe that if people do not follow the lockdown or social distancing seriously, the situation can quickly go out of control.
Global ratings agency, Fitch Ratings, said the 180 days past due (dpd) two-wheeler loans (loans where EMIs are overdue for over 90 days) have reached as high as 6 per cent of original principal outstanding in some pools.
'My biggest fear is if I get infected will I get admission in a good hospital and how much money will the hospital charge for my treatment.'
Offset home loans are available under different names. But do you know if they are beneficial to you or not? Read on.
Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.
The SC has ruled that banks cannot employ goondas and must take legal action to recover their dues. Tell us what you think.
The young are most vulnerable to self-harm and suicidal ideas at this time.
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna answers readers' queries and guides them to take control of their life.
The repo rate, at which the central bank lends to the system, will come down to 5.75 per cent after the cut.
Whether you invest in short-term securities or long-term securities, the interest rate that you will get on either is similar. Which should you choose? Should you invest in short term debt or invest money for a long period?
Any saving on the car loan EMI can translate into major savings.
Not paying your credit card bill, or not paying it on time, can reduce your credit rating when you apply for a loan.
Before opting for a joint loan with your parents or spouse (after all, anybody who you love is your Valentine) you must first understand the implications of this loan.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
For home loans up to Rs 30 lakhs (Rs 3 million) for 20 and 25 year period, the interest rate has been increased by 0.5 per cent to 11 per cent against 10.5 per cent, SBI said. Equated Monthly Instalment for 25 years would go up from Rs 945 to Rs 980 per lakh while for 20 years EMI would go up by Rs 35 to Rs 1,035. Housing loan with maturity between 10 and 15 years has gone up to 10.75 per cent. EMIs under these maturities would go up as much as by Rs 35.
Indian Airlines has launched an EMI scheme in association with Citibank to target the vacation travellers and the growing segment of credit card holders who prefer to use the deferred payment schemes to purchase goods and services.
A six-point checklist to follow when lenders reject your home loan application.
Go make a beautiful home but spend smartly and wisely!
Each partner should discuss retirement accounts, property owned prior to marriage.
A top-up loan could come to your rescue in an emergency. Here's why
