Real life experience and money saving tips about home loan, personal finance, credit cards and things that bank would not tell you.

Food coupons are tax exempted and help you buy grocery too

Use Food Coupons – Meal Vouchers – Increase Take Home Pay – India

 21 Jan, 18 

Food coupons help you save tax thereby increasing your take home pay. They are tax exempted to a certain limit monthly and help you buy grocery too.

0 Finance

LTA – Leave Travel Allowance, Income Tax Rules explained

 21 Jan, 18 

LTA is leave travel allowance meant for making tax exempt holiday once in period of two years. Air travel, train ticket cost, hotel and taxi bills allowed.

0 Finance

Unspent Per Diem Allowance Received Abroad Are Taxable In India

 21 Jan, 18 

Unspent per diem allowance is taxable in India if you bring it back. Its considered a benefit that you should have spent and if not, it becomes your income.

6 Finance

How to file US Tax on NRE Interest 1099-INT

 21 Jan, 18 

File NRE account interest in USA tax return. Exchange rate for USD conversion by IRS. 1099-INT is not given by Indian bank. NRE NRO FD interest is taxable.

20 Finance
Registered power of attorney for property management in India

Registered Power of Attorney In India For Managing Property

 21 Jan, 18 

Registered power of Attorney In India is required to manage property if you are NRI. Use the sample POA template and register in SDM or registrar office.

325 Finance
How much loan can I get on my salary in India

How much Loan can I get on my Salary in India?

 21 Jan, 18 

You can get about 60 times the amount of your net monthly salary as home loan. Car loan eligibility is based on car value and your in-hand net salary.

35 Finance