THE CASE: I want to invest Rs. 30 lakhs for a year and would need a monthly income of Rs. 18,000 from this investment. How should I go about it? THE SOLUTION: Firstly, the advice in such situations would be to resist from acting in a hurry, because that leads to commit mistakes. The returns […]
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 […]
Here is a very interesting but heart touching blog by a lady who narrates her hardships in order to get the things in order after the death of her husband in an accident……a lesson to learn. Few things I learned after Mithun: We always believe we will live forever. Bad things always happen to others. […]
What are the types of home loans available? There are a variety of home loans available. They are: HOME PURCHASE LOAN This is the common loan for purchasing a home. HOME IMPROVEMENT LOAN This loan is given for implementing repair works and renovations to your home. HOME CONSTRUCTION LOAN This loan is available for the […]