NRI List of Documents Required for Home Loans..!

NRI (Non-Resident Indian) / or  PIO (Person of Indian Origin) / OCI (Overseas Citizen of India) list of documents required for home loans..! For Salaried Individuals..! * • Copy of employment contract * • Latest Salary slip * • Latest work permit * • Bank statement for 4 (Four) …

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Hike Interest Deduction Limit for Home Loans to Rs 5 lakh: ASSOCHAM

The pre - Budget memorandum for 2013 -14 was jointly released by the ASSOCHAM ( The Associated Chambers of Commerce & Industry of India)  chamber President Dhoot, Chairman and Co-Chairman of taxes council Ved Jain and J.K. Mittal; and chamber's Secretary-General D.S. …

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Main Terminology in Options Trading..!

Option Premium..! The premium amount is the price paid by the buyer to the seller to acquire the right to buy or / sell a stock or Index. Strike Price or / Exercise Price..! The strike or / exercise price of an option is the specified / or pre - determined price of the under…

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AdVentures IndiA: Commodity Meeting at Mayiladuthurai on December 8, 2012

Chennai based major Commodity Trading Member Adventures India will be organise a Commodity Awarness Programme at  Mayiladuthurai ( மயிலாடுதுறை ) on December 8, 2012. Date:  December 8, 2012 , Saturday Time:  Morning 10 AM  onwards Venue: Hotel Sillampu ( ஹோட்டல் சிலம்பு ), Near Bus …

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Staying On Rent Home May be Wiser Option : Leading Financial Experts says..!

Buying a house may be an emotional issue, but given the high prices & steep interest rates, staying on rent house may be a wiser option, says Mr. Madhu T. The stories are dark. The narrators are starkly different from each other, cutting across the class & income. Th…

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JLL India: Changing Landscape of Indian Retail - 7 Cities, 7 Horizons...!

India’s retail sector has undergone a rapid transformation over the last decade & this process is expected to strengthen in the coming years, with the rise in population, per capita income and urbanisation. According to the UN (United Nations), India has the highest rate…

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NRIs Selling Property Have to a Pay Capital Gains Tax

By Mr. Sandeep Shanbhag, Director, Wonderland Consultants Any NRI (Non-Resident Indian) / or  PIO (Person of Indian Origin)  will be required to pay tax on capital gains. If NRI or  PIO  holding period is less than three years (36 Months), it would be treated as STCG (short-…

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Union Bank of India: Cuts Education Loan Interest Rates ..!

Mumbai based public sector bank, Union Bank of India (UBI) has reduced by 1.5 % to 2%  on education loan interest rate. UBIs rate on interest on education loans now stands at 12.75 per cent for the loans up to Rs. 7.5 lakh & 12.5 per cent for the loans above Rs, 7.5 lakh…

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SEBI Bans Mini F & O Contracts : Whar Impact On Derivative Market?

The capital market watchdog SEBI (Securities and Exchange Board of India) had directed stock exchanges to discontinue mini derivative contracts on Sensex & Nifty that were essentially launched to attract retail investors to the F&O segment. NSE (National Stock Exchan…

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Housing Recovery : Americans More Confident..!

According to a Prudential Real Estate survey, potential house buyers & sellers are growing more confident that the US real estate market will begin to recover as soon as next year (2013). About 63% of respondents said they considered real estate a good investment, up fro…

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