Finance

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

How much loan can I get on my salary in India

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

 20 Feb, 19 

Home loan eligibility is 60 times net monthly salary with wife/parent as co-applicant. Credit card balance deducted. Bank gives 90% of home white money cost.

239 Finance
Avoid Sales Tax gold buying in USA

How to Avoid Sales Tax on Jewelry in USA

 14 Feb, 19 

Avoid Sales tax on Jewelry by purchasing from out of state gold shop and then ship. Use tax is due in your state but no tracking is done for small and medium purchases. Can pay in cash to avoid tracking, is any. Buy gold bars, engagement ring, diamonds from New Jersey and ship it your home address outside NJ/NY.

0 Finance USA

How to file US Tax on NRE Interest 1099-INT

 13 Feb, 19 

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.

88 Finance India USA
Rent receipts for HRA tax exemption India

Documents Required for HRA Exemption in India

 12 Feb, 19 

No rent receipt required for rent upto 3 thousand per month. Landlord PAN number, revenue stamp, Rent receipt required for monthly rent more than 8,334.

0 Finance India
Cost of Home Apartment India - Basic Sale Price And Other Costs Explained

Cost of Home Apartment India – Basic Sale Price explained

 11 Feb, 19 

Cost of Home Apartment India is the list of hidden costs that you have to pay when you buy a private builder flat in India including BSP, EDC, IDC, PLC, EEC, FFEC, IDC, EDC and CPC. Club membership is charged extra along with car parking space. GST tax is payable. Power back up, electric, water connection cost.

39 Finance
Registered power of attorney for property management in India

Registered Power of Attorney In India – NRI – Possession of Property

 4 Feb, 19 

Registered power of Attorney In India required if you are NRI with Indian Embassy attestation. Sample POA template to register in SDM or registrar office.

527 Finance USA