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Deduction is available under Section 54 of the Income Tax Act for reinvestment in a new property. Judicial precedents may challenge deduction if the b
Retail investors often misinterpret statements of credible gurus like Warren Buffett, leading to a bullish stance on all stocks. Fake gurus with untes
The Unique Client Code serves as a vital identification number assigned to clients by brokers, a mandate set by regulatory authorities. To uphold clie
For the ace investor, making music videos isn't just a hobby; he uses them to emphasize investing the right way, with a healthy degree of caution. Wit
Income tax benefits for home loans include deductions under Section 80C for principal repayment up to ₹1.50 lakh and under Section 24(b) for intere
In the case of inheritance, the cost of acquisition for capital gains purposes is taken the cost to the previous owner who had bought it for considera
Mobile apps have transformed India's digital lending ecosystem, but distinguishing between legitimate and fraudulent platforms is crucial. The RBI con
Making early payments on your home loan can save you money on interest and shorten the loan term. Timing is crucial, with prepayments in the initial y
Many Rupay cardholders are unaware of the complimentary insurance coverage on their cards, which provides a lump sum in case of accidental death or di
Failing to repay a personal loan can result in a series of adverse outcomes, impacting both your financial situation and creditworthiness.
If you use the funds from a personal loan to repay debts or to consolidate current loan obligations, it can certainly improve your credit utilisation
CIBIL score is a key factor in the loan application process. Having a good credit score by managing your finances responsibly and making timely repaym
Usually, foreign income is not taxable under IT Act for a RNOR individual. However, since you would be providing consultancy services from India, such
Mistakes in financial planning can hinder your progress toward financial goals significantly. Some errors result from a lack of knowledge, while other
There are multiple ways of investing abroad. One of the convenient avenues of doing so is mutual funds.
For incomes up to ₹7.5 lakh, the new tax regime is the clear choice, offering a rebate after ₹50,000 deduction.
In the last few years, some fintechs have emerged that allow usage of credit cards for P2P transactions like rent, tuition fees, etc. The RBI is not c
A look at how Sebi's regulations could reshape the landscape for India's retail investors in the burgeoning Reit market
Your asset allocation doesn't have to be rigid. As you age and transition through various life phases, your needs and objectives may evolve. Selecting
Meeting the EPFO's requirement of 10 years of service is essential, but merely reaching the age of 58 doesn't automatically qualify an individual for
