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Indian Stock Market News and Views.

How much tax can you save in real estate investments?

| Filed under Economy

The first preference of investment for a majority of us is real estate. Right from buying properties for residential and commercial uses or for renting it out or for buying a farm house or lands in urban and rural areas investing in real estate has always been an exciting proportion.

However real estate investments can attack income tax and tax on capital gains when sold and hence it calls for a thorough planning to save such taxes.

Residential property

When buying a house for self-occupation

If you have only one residential property and occupy it too then you are not liable to pay tax on its notional value of the rent. However, the tax implications could be different if you own more than one residential property and occupy it too. In such a case you will be required to pay taxes on your other residential properties which are calculated on the basis of reasonable rent.

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The surrender value of a policy

| Filed under Economy

The surrender value of a policy

Surrender value can be simply termed as the amount that a policyholder will get once they exit from the policy before the maturity of the policy is over. When a policyholders surrenders their policy mid way through the entire term, they will get a value of the sum that had been allocated towards the savings and the earnings of the policy and so on. A surrender charge is deducted from this value and this charge can differ from policy to policy.

insurance The surrender value of a policy

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What is Loan Insurance

| Filed under Economy

loan 300x205 What is Loan Insurance

What is loan insurance?

Sarita had been working as a BPO professional for 3 years and wanted to get a home loan for a home that was coming up on the new Expressway. She got the loan quite easily. But last year, she was made redundant since the BPO operations that she was working for unexpectantly shut shop in India and moved to China. After 6 months she was unable to make payments and lost the home.
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Investing in Real Estate Overseas?

| Filed under News and Views

 

110323842 7e80590cc1 m Investing in Real Estate Overseas?

The worst hit sector in this recession time is the real estate, nationally and globally. There are rates that are slashed 25-35% with the prices of properties. The prices in US, UK, Australia,South Africa and also the Gulf countries, Singapore etc have seen surge with the Indian buyers to buy property overseas. The ground reality touches with the city of Mumbai and Delhi which tops the charts in the overseas deals. Sources claim that the growth is 100% and nearly 30 deals are done per month. There are buyers that come from different parts of the country. 

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