Home - Smart Paisa

UPDATE

Investment

ASBA – Application Supported by Blocked Amount

In January 2008 Reliance Power came out with Initial Public Offer (IPO) aggregating to Rs 11,563 crores. The issue was oversubscribed by more than 73 times and generated demand exceeding Rs 750,000 crores. Reliance Power Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Public Provident Fund

PPF Calculator with Yearly Chart & Graph

Public Provident Fund (PPF) is a savings accumulation cum tax saving scheme available for individuals. Regular deposits in PPF can be used to build sizeable savings. For example monthly deposit of Rs 10,000 in PPF Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Deductions

Interest on Education Loan

For an Individual tax payer, Income Tax Act provides for deduction of interest paid on two types of loans – Home Loan and Education Loan. Section 80E of the Income Tax Act provides for deduction Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Non Resident Indian

Non-Resident Indian (NRI) – Definition under FEMA

Who is a Non-Resident Indian? An Indian abroad is popularly known as Non-Resident Indian (NRI). NRI is legally defined under the Income Tax Act, 1961 and the Foreign Exchange Management Act, 1999 (FEMA) for applicability Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Credit Card

Tips on Effective Credit Card Usage

No don’t worry, this is not another spiel on how you should use credit card within your income limits. This is neither a guide on how you should not overburden your finances by splurging on Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues

Copyright © 2016-2022 | Smart Paisa