Standard Deduction of 30 % not Available on Self Occupied House..!

by Mr. Suresh Surana, RSM Astute Consulting Group Question: I own two flats in Chennai. One flat is being used for residential purposes & the other has been let out on rent. Is it necessary to incur some expenditure on repair & maintenance, etc., to claim ded…

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January to March 2013: House prices Up by 28.74% in Jaipur..!

Housing prices have increased marginally by an average 1.1% in 20 major cities, including Delhi & Mumbai, in Januaryto March 2013 over the previous quarter due to slowdown in demand, National Housing Bank (NHB) said on recently. Six new cities, which were added in t…

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Foreign Property Ownership: Mexico Set to Change Restrictions..!

Mexico is on course to change the rules that restrict foreign buyers from buying property on coastal plots & its borders. The lower house of congress has voted to loosen the longstanding restrictions.But, change still needs to be approved by the Senate and by Mexico’…

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HUDCO REGIONAL OFFICE: JAMMU, KOHIMA, KOLKATA, JAMMU, LUCKNOW, MUMBAI..!

HUDCO - Housing and Urban Development Corporation Ltd.  HUDCO Bhawan, Core-7-A, India Habitat Centre, Lodhi Road, New Delhi - 110 003 Tel(EPABX) :011-24649610-23,24627113-15,24627091,92,95 After Office Hours: 24648193-95 Fax: 011- 2462 5308 Web Site: www.hudco.org Email: mai…

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Terminology of Finance - Credit..!

The Five C's of credit..! The 5 key elements a borrower should have to obtain credit: 1. Character (Integrity) 2. Capacity (Sufficient cash flow to service the obligation) 3. Capital (Net worth) 4. Collateral (Assets to secure the debt), and 5. Conditions (Of the borrower &…

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Investing Mantra's: Price is What you Pay; Value is what you Get..! "

Long ago, Mr. Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we are talking about socks or / stocks, I like buying quality merchandise when it is marked down." - Warren Buffett.

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Reserve Bank of India: Imposes Restrictions on Bank Loans Against Gold..!

No advances can be granted by banks for purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold exchange traded funds & units of gold mutual funds.! In a bid to curb demand for gold, the Reserve Bank of India (RBI) re…

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SEBI’s Silver Jubilee : Majority of Indian households Not Participate in financial markets..!

SEBI’s Silver Jubilee Celebration : Prime Minister Mr. Manmohan Singh’s Speech '' The high growth rates that the Indian economy has witnessed in the last decade or so have been driven by enhanced savings and investment rates. Gross Domestic savings (GDS) as a  perce…

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An Economical, Eco-friendly Sewage Treatment Plant for Every House..!

By Mr. P. Oppili A cool breeze welcomes me at Kannan Pasupathiraj’s house in Muttukkadu. We sit down in the garden. Just as I am about to sip my tea, I hear the sound of water flowing beneath my feet. Seeing my quizzical look, Mr. Pasupathiraj smiles &  tells me I am sitt…

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Zicom Electronic Security Systems : e-Alert..!

You can not monitor the effectiveness of your security arrangements 24 X 7. But, Zicom Electronic Security Systems can.  In case there is a security breach in your premises,  Zicom Electronic Security Systems Remote Alarm Management instantly alerts you via SMS, enabling you …

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