Real estate company Embassy Group is soon expected to launch India’s first real estate investment trust (REIT) in March 2019 to raise around Rs 4,750 crore. Embassy Office Parks is a joint venture between the Bengaluru-based property developer – Embassy and Newyork based private equity firm Blackstone. Securities and Exchange Board of India (SEBI) had […]
Income Tax Exemption Vs Tax Deduction Vs Tax Rebate Vs TDS | Key Differences
Tax planning is an important part of a financial plan. Whether you are a salaried individual, a professional or a businessman, you can save taxes to certain extent through proper tax planning. The Indian Income Tax act allows for certain Tax Deductions and Tax Exemptions which can be claimed to save tax. You can subtract […]
L&T Finance NCD March 2019 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels (showing signs of an up-tick now) and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products […]
How much Term Life Insurance Cover do I need? | Online Insurance coverage Calculator
With increasing financial awareness, people have become very eager for Life insurance policies irrespective of Endowment Policy, Money Back Policy or Term insurance plans at an early age. Term insurance plans offer an assured sum to the nominee in the case of uncertain demise of the policyholder. In other words, term insurance policy provides financial […]
Revised GST Rates on Real Estate Properties | Latest GST Rates for Under-Construction Properties
The GST Council today (24-Feb-2019) has announced a rate cut in the goods and services tax (GST) charged on sales of residential properties under construction. As per the latest decision, the new GST rate applicable for all housing projects will be 5%, down from the current 12%. Whereas, the council also decided to lower the […]
Latest TDS Rates FY 2019-20 | TDS Rate Table for AY 2020-21
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc., The providers of these incomes (like your company / bank) can deduct a certain percentage of income as TDS (Tax Deducted at source) based on certain […]