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Buying a house is one of the top most priority for modern professional and it is bought for living as well as investment reasons. But do you know that it also offers tax benefits which you should be aware of. Tax exemption on home loans means you can...
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If an individual has already filed the income tax return and subsequently discover any omission or wrong statement therein, he can re-file the return with necessary modification. This re-filing of the income tax return is referred to as Revised Return...
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Many of us rush at the last moment for making right tax investments, this leads to incorrect disclosure of investments which will ultimately end you up in paying extra taxes. This extra tax paid in addition to actual tax liability leads to a situation...
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InvestmentYogi: Timely financial planning prevents you from falling into credit card or any other debt. If you are already in debt then deal with the recovery agent as per the suggestions given below and take control of your finances by going for planning...
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Every investor in stock market faces two choices when it comes to investing. Should they buy it for long term or decide to square off based on the price movement in short term? Usually the long term buyers are called investors who expect the price of...
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What kinds of financial information do you need to know when you move to the USA as an NRI? If you reside in the USA already, maybe you feel you’re not up-to-date on all the legal and tax implications of your financial life. In either case, read these...
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The Major Segments Kotak has just published a report on High Net Worth Individuals in India, dividing up the growing group into 3 segments: The Inheritor, the Self-made and the Professional . The report acknowledges there are 2 distinct groups which are...
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Share trading has grown significantly in the last decade due to rise of the stock market and rapid adoption of technology. It is seen as a way to make quick bucks by a lot of people. However there is a lot of confusion among on how to treat the income...
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When we think of “FATHER” the thoughts cross our mind is about a person who is forever with his family and always there for his children no matter what. As a kid we considered him as our “superhero” or “role model”. He keeps encouraging and motivating...
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It’s the time of the year when it is raining NFOs and mutual fund companies are all set to aggressively market them. Very often, for an average investor the decision of investing in a NFO versus choosing from among the existing mutual funds could be quite...
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Filing of Income Tax Returns could be quite a task for many, owing to plethora of paperwork and lengthy procedures. In this era of technology, no longer is this going to be a daunting task. You could now file your Income Tax Returns online without having...
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At InvestmentYogi, we get a lot of queries on whether it is mandatory to have a Demat Account to invest in mutual fund schemes. The answer is NO. It is not mandatory to have a Demat Account to invest online on mutual fund schemes. Out of the many channels...
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E-filing of income tax return was introduced by Income tax department couple of years ago. Using e-filing is a simple and very easy way of filing the return for everyone. However, if you look at stats only 16% of tax payers file their return through e...
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Most of us look forward to our dream vacation. Some prefer exotic destinations like Bahamas, Miami, Maldives, others frequent their favourite hill station or beaches, while some of us just stay home, chill out and relax. An increasing trend is to take...
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Your home is undoubtedly the place where you feel relaxed and secure. Irrespective of whether it is a palatial bungalow or a small apartment in a society, it would always be “Home Sweet Home”. To protect this home and all of its belongings from unpredictable...
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