Archive for June, 2013

  • Know About the Cash On EMI Facility>
    Know About the Cash On EMI Facility
      You may have a sound financial background and credibility and high credit ratings, but at times when you are faced with a financial problem, and loans are scarce and difficult to arrange, you have the option to take advantage of CASH ON EMI facility on your credit card. The Cash on EMI, allows the credit card holder to take a cash advance on his credit card and repay the same in equated monthly installments, and the bank will charge interest for the same. However under this scheme, the funds can only be used for your personal use and cannot be utilized for any investment purposes, or in equity shares, debentures, convertible bonds or units. The Cash on EMI facility is available for specified period of time according to the terms and conditions and the same facility can be discontinued  [...]
    at June 25th, 2013 at 12:06 am
  • Tax Structure in Real Estate>
    Tax Structure in Real Estate
    Real estate is booming and with rising prices it is one of the most viable investment options and brings in appreciation and gains at any given point; however real estate is burdened with heavy taxes which impact the buyer as well as the seller of the property. Let us analyze the tax structure related to real- estate. Stamp duty tax is imposed in the sale agreement to give a legal status to the transaction, and in case the property is not duly registered and stamp duty not paid, in case of a legal litigation the transaction is not admissible in the court of law and the courts will be disinclined to entertain your case. Stamp duty is payable on the agreement value, which differs in different states. To conserve and maintain the records of the property, it has to be duly registered by the registering  [...]
    at June 11th, 2013 at 01:06 am