Adequate Life Cover : Home Loan Insurance..!

Anyone has adequate life cover (Nearly 150 times of his monthly income.(example). If any monthly salary is Rs.20,000 , life cover should be for Rs. 30 lakhs) then he/she can take a separate housing loan insurance. In case, he/she already has adequate life cover then he/she ca…

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Agricultural Land in Certain Areas is Not Capital Asset..!

by Ms. Parizad Sirwalla, Partner (Tax), KPMG For capital gain purposes, an agricultural land situated in specified areas is not considered as capital asset. If you are planning to sell such land, there will not be any capital gain tax implications on sale. In other cases, de…

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Investors & Overheated Market by Mr. Warren Buffett

Investing Mantra's - Share Investing "Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid." - Mr. Warren Buffett

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Terminology - Financial Planning - Account

Terminology  - Account - Financial Planning, Economic A record of financial transactions for an asset or / individual, like at a bank, brokerage, credit card firm, or retail store. More generally, an arrangement between a buyer & a seller in which payments are to be made i…

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Life Insurance Cover: With Guarantee or Bonus

by Nirjhar Majumdar, ZTC Going by returns, life insurance products fall under various categories. With-profit products give returns in the form of various bonuses at the time of claim payments while there are products that give loyalty additions if the policy runs for a mini…

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Postal Life Insurance from Rs. 20 lakh to Rs. 50 lakh..!

To mark the Good Governance Day (December 25), Telecom Minister Mr. Ravi Shankar Prasad on recently announced that the limit of postal life insurance has been raised from Rs. 20 lakh to Rs. 50 lakh.  Besides launching one-month rental free MTNL broadband and landline combo p…

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December 25 - Good Governance Day..!

Good Governance Day -  December 25 December 25 is being celebrated across India as Good Governance Day, which Prime Minister Mr. Narendra Modi has said was ushered in by the previous NDA regime led by Mr. Atal Bihar Vajpayee and is being carried out in this government. It als…

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Home Loan: Partial Prepayments The Best way to Go..!

By Mr.Adhil Shetty, BankBazaar.com A financial necessity in today’s world, loans are a double-edged sword. If managed well, they are a boon, but if handled recklessly, they can easily drain your savings. Borrowers often find it difficult to handle their loans due to various …

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India Building Construction Permit Time Taken is 222 Days..!

A construction permit requires, among others, mining licence, tree cutting approval, borewell registration certificate, no-objection certificate to operate a genset, change of land use approval & a microwave licence. Then there are approvals required from Airports Author…

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Workshop on REAL SECRET TO BECOMING RICH : 29 December 2014 at Chennai ..!

MANAGEMENT FOR THE MASSESS MMA Complimentary Public Workshop on the topic “REAL SECRET TO BECOMING RICH”     Monday, 29 December 2014 By Mr. Ganesh Kumar S, Founder and Director, Giant Leap Time: 6.00 pm to 7 30 pm Venue: MMA, Opp S.I.E.T College, Teynampet, Chennai - 600 018 …

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