Browsing: Loan
The Finance (No. 2) Bill, announced on July 5, 2019, has created a buzz in the market, especially due to the so-called ‘Super-rich tax’. The maximum marginal rate (MMR) shooting up to 42.7 per cent has made high-income taxpayers anxious. On the other hand, the rebate announced in the Interim Budget in February 2019 for people with taxable income below Rs 5 lakh made the ‘target’ taxpayers happy. This year was unique
Last Friday (August 2), the RBI barred non-banking finance companies (NBFCs) from charging pre-payment penalties or foreclosure charges from individual borrowers.
If you are in the market looking for a credit card, you are probably prepared to shell out an annual fee for the same. But why should you pay a fee when the market has zero-fee credit cards too? While paying a fee may entitle you to extra benefits, a zero-fee credit card may suffice if you do not use it a lot or are a new user. We explain why but first let’s start with the basics.
Indian financial markets look like a very different place in the last few weeks. The euphoria of an election outcome that was perceived as very positive for India, due to its large mandate to the incumbent government, has given way to questions about growth and consumption slowdown, lack of reforms and tax terrorism, amongst other negative factors.
If you are planning to buy your dream home using the 25:75 scheme, wherein the builder bears the interest burden for a specified period, there is some bad news for you.
Renting a house in most Indian cities is usually difficult for people, especially millennials and those who have just started working, due to the high security deposits and other conditions that owners place. But that does not mean owners land the sweeter deal. Giving your house on rent usually is a huge risk, given innumerable cases of squatting and tenants causing damages to the property.
Vintage cars are not some whim. It’s a kind of lifestyle, unique point of view, willing to stay out from the crowd. Investing in a vintage car can be a tricky process and it’s not a decision that should jump into. Whether you’re looking for a cool weekend car, an investment or both.
The world’s developed economies have got a new stage of unemployment – its level is back down to before financial crisis. According to data from OECD unemployment level fell 5.6pc in October across the 35 countries, while in 2010 its peak was 8.5pc. The eurozone overall still suffers a jobless rate of 8.8pc, below its 12.1pc peak in 2013 but above its 2008 level of 7.4pc.
The world’s developed economies have got a new stage of unemployment – its level is back down to before financial crisis. According to data from OECD unemployment level fell 5.6pc in October across the 35 countries, while in 2010 its peak was 8.5pc. The eurozone overall still suffers a jobless rate of 8.8pc, below its 12.1pc peak in 2013 but above its 2008 level of 7.4pc.