Before a loan is granted to a customer, the bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due. One such determinant when granting a loan is the credit score. This measure indicates the customer’s credit history, with respect to his bank […]
Long-term capital gain is the gain that is derived out of a sale of an asset (Land or Building or both) that has been held for more than two years. You can invest the gain in in 54EC Capital Gains bonds to claim tax exemption within 6 months of the date of sale of the […]
Retirement technically is used to refer to an event; the day you leave your job or hand over the reins of your business to the next in line. It is not always the case of being pushed off the demographic cliff (your company policy forces you to retire by the age of 58, for example). […]
It is a rare thing to hear of someone who has celebrated their 100th birthday. It is rarer still to meet such a person. But with improving health facilities a day would come soon that there would be more than a million such people in the country. As per the estimates of United Nations (UN), […]
POINTS TO PONDER BEFORE ENTERING INTO A PROPERTY TRANSACTION Herebelow are some important points to consider before entering into a property transaction. Some points may vary or differ depending on laws of Local bodies and State. Types of Transactions Under Construction – Outright Purchase/Ready Possession Apartments from Developer Bungalow/Townhouse from Developer Outright Purchase from non […]