Budget 2011 has come and gone. Amidst rising interest rates, spiraling inflation and a basket full of scams, the government was expected to deliver Budget 2011 to make its mark with a bang. Did it ? Depends on who you are talking to. Let’s take a sneak look at what the Finance Minister Pranab MukherjeeRead More
Personal Finance Ratios
Personal finance ratios are as important to an individual investor as are stock ratios to the health of a company. You have stock analysts, market pundits, punters and ordinary investors predicting the path of a stock after analyzing basic stock ratios like EPS and PE; however, none pause to think about the personal finance ratiosRead More
7 Important Life Insurance Mistakes to Avoid
Making mistakes when you buy a financial product is very common for investors. So, in this article we’ll be discussing life insurance mistakes to avoid when buying a policy. It’s gruesome when the product is life insurance. Imagine you think you are efficiently insured when actually you are not and your family ends up withRead More
How is Income from House Property Calculated
The Income Tax Act of India has five heads of income, of which “Income from House Property” is one of them. This article teaches- how to find the income from the home you own or how is income from house property calculated In order to calculate the income from house property, one needs to knowRead More
What is Annual Value of House Property ?
The Income Tax Act of India has five heads of income, of which “Income from House Property” is one of them. In order to calculate the income from house property, one needs to know the annual value of the property. The annual value of a house property is the basis to calculate income under thisRead More
Section 80C Deductions to Save Income Tax
This article explains how the income tax Section 80c deductions of the Income Tax (IT) Act can help reduce your income tax liability in your yearly financial planning. Though most of us use some of the deductions under Section 80C each year, we might be doing so unknowingly. Read on to understand what are theRead More