Having a portfolio of Real Estate and still having a cash crunch can sometimes be real tough to manage personal finance. It sometimes becomes more acute if you have retired with no substantial income poring in and you don’t have any dependent or rather you don’t want to depend on someone else. Keeping in...
In this globalized economy, one stands in complete dilemma when it comes to selecting the correct funds to invest. The diversification on this field in open ended/ close ended funds or debt, equity, commodity funds creates a big challenge for an investor. Thus, this article is an answer to the queries going on in...
Gold has been a repository in India since years. Studies shows, that over 16000 tons of gold is acquired by Indian household in forms of jewelry. Besides being an aesthetic value it is used as gifts in marriages and other functions. Why To Invest In Gold? Gold gives the highest return on investment (ROI)...
Real Estate Resurfaces Highest Private Equity The real estate which has been seeing lot of negative news has seen highest Private Equity investment in Indian companies across 51 deals in the month of February 2012 with total investment of $ 922.7 million. The total investment from Jan 2011 to Feb 2012 has been aggregating...
In India, there is significant rise in the number of people who present gold to the bank in the form of jewellery or gold biscuits or other form and take loan in the form of cash in return. But due to this increase in this trend, Reserve Bank of India (RBI) has imposed certain...
The impact of policy initiative of Union Budget 2012 has been a mixed one. The application of 1% TDS on the purchase and sale of property has not been much anticipated. The tax is paid if the property value is more than Rs. 50 lakh in rural area and Rs. 20 lakh in urban...
Building from scratch we know that it is the simple mechanism of micro economics wherein the market forces of demand and supply determine the prices of goods and services in the economy. Here the commodities that fall in picture are cigarettes and drugs. Both of which are hazardous to human life and governments of...
Personal Tax The tax slab for men and women both has been merged. The basic threshold limit increased from Rs. 1.8 lakh to Rs. 2 lakh for 10% rate and from Rs. 8 lakh to Rs. 10 Lakh for 30% rate. The investor shall get marginal savings from such changes. The savings can be...
Union Budget 2012 is a damp squid for the masses. Just to save Rs. 4,500 crores from direct Taxes, it has scaled the indirect taxes past Rs 45,000 for the masses. The self proclaimed prophesy of economic development is unfortunately a lie. No doubt the “age old” slab has been twisted a bit. The...
Indian Budget 2012-2013 Highlights The Indian Budget for the financial year 2012-2013 was introduced yesterday, 17th March, 2012. Here are the main highlights that could be taken as summary of the budget that was introduced by Pranab Mukherjee. Key points of the budget for financial year 2012-2013 1. The pension relating to Widow and...
