Budget 2016 announced that ONLY 40% of your EPF (Employees Provident Fund) is tax free. Similar is the situation with NPS & superannuation fund and recognised provident fund. The balance 60% is now going to be taxed and this has created a furore. Relax! Things are...
“For better or worse…..for richer or poorer.” This is what most of us promise to our spouse when we pledge ourselves in marriage. But unfortunately, many couples can’t seem to survive either richer or poorer due to the poor money management skills. Finances are those...
1. Who is an NRI? A person who has been in India for 182 days or more during a financial year and 365 days or more during the preceding four financial years qualifies as a resident of India. NRIs can continue to enjoy non-resident status in India if their presence in...
When families are blessed with little girls, the initial thoughts that come to mind are often of frilly dresses, shopping trips and weddings. While these things do make for wonderful memories, they all come with a price tag attached. Every trip to the mall and walk...
Renting out a house in India does not always result in smooth sailing – if not approached diligently, it can become a serious headache – and often a nightmare. The most common problems that first-time landlords encounter include: Finding new tenants, especially the...
Dear members, I came across an interesting article on what should a buyer check before taking the possession of a under construction property. Buyer’s checklist If you are about to get possession of an apartment that you had booked years ago, thoroughly check what you...