Indiacategory

HRA Exemption India Rent Calculator 2019-20

Written by Anil Gupta
  By Anil Gupta      Updated  3 Mar, 20
 

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.

#finance #income tax

Unspent Per Diem is Taxable In India if brought back as cash

Written by Anil Gupta
  By Anil Gupta      Updated  2 Mar, 20
 

Unspent per diem is taxable in India if brought back and declared in ITR. Only business expenses allowed. Buy laptop, mobile, garment with cash to avoid tax.

#finance
Home loan insurance can act as your guarantor, if you do not have any

Home-Loan Insurance as Loan Guarantor in India

Written by Anil Gupta
  By Anil Gupta      Updated  3 Mar, 20
 

Get home loan without guarantor by using Home Loan insurance. Bank needs a loan guarantor for approving home loan in India. Home-loan insurance can be a collateral security if relatives can't help. Premium is high. Insurance is only for loan and Home property insurance is separate. Premium can be paid monthly with EMI.

#finance #income tax
Cost of Home Apartment India - Basic Sale Price And Other Costs Explained

Cost of Home Apartment India – Basic Sale Price explained

Written by Anil Gupta
  By Anil Gupta      Updated  3 Mar, 20
 

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.

#finance #income tax
How Jewellers Earn Money

How Jewelers Make Money Selling Gold Ornaments at Market Rate?

Written by Anil Gupta
  By Anil Gupta      Updated  2 Mar, 20
 

How jewelers make money in India is by pricing at 24 carat and selling you 18 carat gold. Non gold extras like paint, artificial add-ons are added to gold weight. Buy BIS mark gold for safe deal. Making, polishing, design charges are source of profit. Seller buys back its own gold at lower rate by deducting 10-20%.

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

Government Bank Vs Private Bank Indian Loan Difference

Written by Anil Gupta
  By Anil Gupta      Updated  3 Mar, 20
 

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.

#finance #income tax