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One of the positive aspects of a housing loan is it offers several income tax benefits to the person taking a home loan. These benefits cover the housing loan interest as well as capital component of the home loan repaid through equated monthly instalments ( Home loan EMIs) over the tenure. But many a time it [...]

Bonanza year 2009 ended on a happy note and would be remembered for many reasons. Indian stock markets recovered remarkably from their March 2009 lows and went on to register the best year-to-date (YTD) performance in the history of Indian stock market since 1991, with more than 80 per cent return in 2009 and above [...]

Paying income tax is tedious enough. To top it, there are various heads under which the tax payment is made. Two of these heads are:
1. Advance tax
2. Self-assessment tax (tax you have to pay while filing your returns)
Let’s look at an example:
Ankit is a professional. He earns income through his sole proprietorship business. The income [...]

Many employees who contribute an amount to the Employees’ Provident Fund (EPF) will now be impacted on account of a change that will come into effect on April 1, 2009. The change will be visible for the management of privately-managed trusts and will impact the manner in which return for investors is generated by them. [...]

One of the most profitable investments during these tough economic conditions across the world has been gold. There has been a sharp rise in the price of gold over the last one year, which has led to increasing investor interest in the yellow metal. Today, one of the most popular routes to invest in this [...]