Indian retail investors : 63% are interested in goal based products..!

Indian retail investors : 63% are interested in goal based products ..! While 22% retail investors invest their money for their sunset days, 20% invest to buy a house or car. Retirement and investing for a large purchase, such as house or car, are the top priorities for Indi…

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Canara Bank: Estate Purchase Loans

Canara Bank: Estate Purchase Loans Canara Bank Base Rate : 10.20% with effect from 01/01/2014 Particulars ROI Estate Purchase Loans BR+6 % For Term loans more than Rs.50,000-and repayable > 5 years, term premium of 0.50% is applicable. (Base Rate : 10.20% with effect from 01/0…

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Will – An Asset Turn into a Liability

Will – An Asset Turn into a Liability.. by Mr. G.Karthikeyan, Chartered Accountant, KOVAI If someone dies intestate in India even transferof telephone connection requires nominee to prove that he / or she is a legal heir of the deceased My client, a leading automobile parts ma…

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What You Must Know About Estate Duty by Mr. Anil Rego, Right Horizons

An Estate duty or /  inheritance tax is a tax paid by a person who inherits assets (cash & Non-cash) or a tax on the estate (total value of the money & property) of a person who has deceased. It does not matter if the person has a legal Will or /  not, the assets ar…

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Will A Nominee Inherit Your Assets..

by SAKINA BABWANI Find out about the types of investments that will automatically be passed on to a nominee and those that can only be claimed by legal heirs. If you think appointing nominees for all your investments, from insurance to property, is as good as drafting a will,…

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SECURED YOUR DREAM HOUSE.. 3 Best Practical Tips.....

by RONAK MORJARIA, Apnapaisa Most people wish to own their dream home. They work hard,save/invest money and borrow, to fulfill this aspiration. However, not many think of a situation in which the precious home needs to be protected, especially in their absence. Listed below …

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Types of Wills.. Where There is a Will, There is No Trouble..

A handwritten or / registered will has greater locus standi than a typed one. However, get it checked by a lawyer to avoid any disputes A will looks like a simple piece of paper. But, it changes the fortunes of many when enforced. While anyone more than 21 years of age in Ind…

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What is Systematic Estate Planning...?

Mr. Benjamin Franklin, a leading polymath, author & politician once said, "...but in this world nothing can be said to be certain, except death and taxes." Inspite of being aware about this inevitable fact, most people avoid thinking about it. Although being op…

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