|
|
|
 |
| 1. National Savings Certificate |
|
 |
|
|
National Savings Certificate (NSC) is a popular tax-saving instrument under section 80 C of the Income Tax Act. Any adult can buy NSC in his or her name or on behalf of a minor.
The certificate, which has a maturity of six years, is available for purchase at all Post Offices in India. The minimum amount of investment under NSC is . 100. Certificates are available in denominations (face value) of . 100, . 500, . 1,000, . 5,000 and . 10,000. NSC offers an interest rate of 8%, compounded half-yearly. |
| |
|
|
|
|
“What is with these guys? They need a never ending supply of money. What do they think, money grows on trees? Last week it was for some educational trip from the college and this time it is some friend’s birthday party in some hotel, for which he has to buy new clothes.
With a teenager at home, one can never budget expenses or plan finances, trust |
| |
|
|
|
| 2. Make your teenager a deputy finance manager!! |
|
 |
|
|
|
|
|
| 3. Know the difference between tax planning & tax avoidance |
|
 |
|
|
| The interface between tax planning and tax avoidance has been a constant subject matter of debate between taxpayers, tax authorities and judicial authorities. In the recent years, we have been witnessing a significant change in the approach of tax and judicial authorities across the globe, who are closely scrutinising transactions entailing reduction of taxes. |
| |
|
|
|
|
Home loans are easy to come by these days. So, don’t fret over it. Focus on the documents you need to furnish while applying for a home loan.
Documents required:
We give you a standard list of documents your bank will ask for. Besides this you |
| |
|
|
|
| 4. Home loans documentation checklist |
|
|
|
|
|
|
 |
|
|
Please do not reply back to this mail. This is sent from an unattended mail box.
Please mark all your queries / responses to webmaster@jathananand.com |
Information provided on this newsletter has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. www.jathananand.com and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this newsletter, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. www.jathananand.com, its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this newsletter.
|
|
