Author: ahlammajid2981
Finally, the Budget 2023 has sealed a loophole that many homebuyers were exploiting, especially those who had taken home loans. They were claiming deductions twice on the interest paid, both while servicing the loan and at the time of selling the property. As per the Income Tax Act, taxpayers can claim deductions for the interest of up to ₹2 lakh per annum paid on a home loan under the old tax regime. However, some buyers were adding this interest expense to the acquisition cost (overall cost of buying the house) to calculate capital gains at the time of selling the…
Imagine you have overshot your credit card balance but want to purchase high-end electronics; credit card EMI can be the lifeline you need. You can also activate the EMI option on your card if your balance has reached the maximum spend limit. In any situation where you are not able to use your credit card for any purchase due to insufficient funds or debt, you can still use an instant credit card online with an EMI feature to save the day. What is a credit card EMI? EMI simply stands for Equated Monthly Instalment. It enables you to continue using…
GST, or Goods and Services Tax, is a comprehensive indirect tax levied on the supply of goods and services in India. It has replaced several indirect taxes levied by the central and state governments and is intended to help create a unified national market. As GST is a new tax regime, it requires certain key activities to be carried out in this financial year in order to ensure compliance and proper implementation of the new rules. These activities include registration of GST, filing of returns, payment of taxes, and reconciliation of invoices. Additionally, technology and automation should be used to…
Over time, the Indian two-wheeler market has grown to be the largest. Naturally, there is a greater need for two-wheeler insurance. Driving a two-wheeler without third-party liability insurance or with an expired one can land you in legal trouble because it is now required by law. As a result, you must monitor the status of your policy, which may be done quickly both online and offline. You must buy sbi general bike insurance. How to Online Check the Status of Your Bike Insurance Plan? You must first comprehend the vehicle registration number before we dive into how to verify your…
There are multiple practices in the share market to generate returns. You might be familiar with the traditional method of buying and selling securities. It includes buying and holding securities for days, weeks, or months to make profits. However, other trading methods can also help you reap profits. Swing trading, margin trading, scalping, and value investing are a few methods used in the Indian share market. You must understand all these methods and use the right one according to share market situations. Let us discuss intraday trading and how to choose the right broker. Comprehending the Basics of Intraday Trading…
Looking to beat the heat with a reliable and efficient cooling solution? Look no further than Blue Star ACs. With their exceptional cooling performance and innovative features, Blue Star ACs are the perfect choice for your comfort needs. Blue Star is a well-known and trusted brand in the air conditioning industry, providing consumers with various options to suit their needs and budget. With a range of features, sizes, affordable Blue Star AC price and energy efficiency ratings. There is a Blue Star AC model for every type of customer. Experience unparalleled cooling comfort with advanced technologies like turbo cooling, intelligent…
Whether you’ve financed a vehicle before or not, applying for a Car Loan can be intimidating. You need to research, check your eligibility, compare prices, and find the best bargain. This comprehensive guide will assist you to get through the entire financing procedure. What Is Car Financing? When you finance an automobile, you borrow money (typically from a bank, a lending company, or the financial division of a car manufacturer) and pay it back over time to purchase the car. The borrowed amount is payable through EMIs (Equated Monthly Interest). Using this borrowed amount comes with a cost. The amount…