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

HRA Exemption India Rent Calculator 2019

 27 Jan, 19 

HRA exemption for tax refund online calculator. Rent receipts required >3000 /month. Landlord PAN needed >1 Lakh/year. Pay rent to parent/wife to save tax.

85 Finance
sbi maxgain home loan account helps earn more interest than savings account if you plan carefuly

SBI Maxgain Home Loan Account – Park Money – Higher Savings

 22 Jan, 19 

SBI maxgain home loan account - set off high loan interest outgo tax free. Surplus amount withdrawal allowed after possession, full disbursement of loan.

277 Finance
Close SBI Maxgain account

How to Close SBI Maxgain Home Loan Account

 22 Jan, 19 

Close SBI Maxgain Account by paying remaining balance + home loan interest. Stop Monthly EMI to avoid positive maxgain balance. NRI can use notarized POA.

0 Finance India
Cost of sending iphone to India from USA

Custom Duty on iPhone to India from USA 2019 – GST Tax Calculator

 16 Jan, 19 

Sending phone to India is expensive (custom duty + GST Tax) than buying in India. Mark as Gift does not help. Carrying and not declaring at Indian airport custom evades duty but not safe.

413 Finance USA
Pay rent to wife or parents - India HRA tax exemption

Can I Pay Rent to Wife or Parents to Claim HRA Tax Benefit?

 16 Jan, 19 

Yes, you can pay rent to wife or parents to claim Indian HRA (House Rent Allowance) tax exemption. Paid rent is counted as spouse or parent income. File ITR.

0 Finance India
Loan from public sector or private sector bank? Evaluate costs, loan process, after sales service with re-payment, pre-payment and flexibility

Loan From Government Bank Vs Private Bank – Whats The Difference?

 14 Jan, 19 

Compare Loan from private vs public bank India. Public banks offer low processing fees, faster reduction in interest rate with RBI REPO rate reduction, no pre-payment charges and no pre-payment period restriction. Private bank have faster processing, good customer care but high interest rates and charges.

34 Finance