Single Premium or Yearly Premium for Life Insurance – Which is better?

Filed under Insurance, Life Insurance, Smart Shopping by on February 27, 2012 at 6:15 pm {one comment}
Single Premium or Yearly Premium for Life Insurance

Deciding on Life insurance is complicated process and once you have decided on the insurance amount, insurance tenure and which company and plan to go for, the last decision to be made is weather you should opt for single premium or Yearly premium payment? I favour Yearly premium payment over single premium policies because of [...]

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Income Tax Department Advertisement

Filed under Income tax, Taxes by on February 19, 2012 at 2:27 pm {no comments}
Income Tax Department Advertisement

I saw a series of advertisements by Department of Income tax in newspapers making people aware of “How Income Tax department can catch you – if you are doing some high value transactions and don’t declare it.” I guess IT department is going hi-tech and hope they are doing good analytics to get hold of [...]

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Buying your house got a bit more expensive

Filed under Home Loan, Loans by on February 6, 2012 at 6:58 pm {no comments}
RBI Home Loan notification

In a recent notification by RBI has called all banks to follow a common method of calculating what constitutes the Home Value. Till now banks used to add stamp duty, registration and other documentation charges to arrive to the final value of your home and then used to sanction 80% – 90% of the same as [...]

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Infrastructure Bonds available in February 2012

Filed under Bonds, Fixed Income, Infrastructure Bond, Tax Saving, Taxes by on February 1, 2012 at 5:35 am {2 comments}
infrastructure bonds tax saving

If you still looking for investing in Infrastructure Bonds for saving income tax in February 2012, you have option from five companies.  IFCI Rural Electrification Corporation L&T Infrastructure Finance Company Infrastructure Development Finance Company (IDFC) SREI Infrastructure Finance Just in case you missed it, an investment in infrastructure bonds under Section 80CCF is an additional window [...]

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