How to maximize tax benefits on a joint home loan

Generally all of us think that taking a loan to buy a residential property is not a good idea and so, they start saving some amount from their monthly income into recurring investment or a Systematic Investment Plan (SIP) offered by mutual funds. But the financial planners recommend that for … Continue reading

Govt relaunches Kisan Vikas Patra investment scheme

In view of popular demand, the government will on Tuesday relaunch saving instrument Kisan Vikas Patra (KVP), wherein the invested money will get doubled in 8 years and 4 months. The KVP will not only provide safe and secure investment avenues to the small investors but will also help in … Continue reading

Corporate Fixed Deposit High Rate of Interest with very high Risk.

Corporate Fixed deposits offer High Rate of interest. Generally Banks offer 9 to 10. 5 % Rate of interest for period over 12 months. Comparative Rate of Interest of Corporate’s is given below. COMPANY RATING 6 MON 1 YEAR 2 YEAR 3 YEAR DHFL Aashray Deposit Scheme 13 Months-Trusts Only … Continue reading

Budget 2014 Salaried can save upto 40k

Change in Income Tax Slab Increase in the threshold limit from Rs. 2.50 lakh to Rs. 3 lakh for senior citizens and from Rs. 2 lakh to Rs. 2.50 lakh for others. Investment Under Section 80C increased to 1.5 lakhs Increase in the limit towards deduction under section 80C from … Continue reading