Another year is coming to an end and with it according to projections for the duration 2010-2015, here is the list of how much tax revenue is projected to be collected by each Indian state. Maharashtra ranks number one while…
Category: Finance
Reverse Mortgage: The Loan That Pays You
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…
How To Protect Your Investments From Investment Robbers For Maximum Return
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…
Investment In Gold – Things You Should Know Before Investing
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…
Indian Real Estate Resurfaces Highest Private Equity
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 $…
Gold Jewellery To Give Loans Only Up To 60% Of The Value
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…
Union Budget 2012: Impact On Real Estate
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…
Tax On Smoking: Kills Or Heals
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…
Union Budget 2012: The give-away & Take-away
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%…
Union Budget 2012: Another Cause for Inflation ?
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…