IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL Home Loan NCD (Tranche 1) offering 10% and opens for subscription from July 6, 2021. It is technology driven HFC with focus on low & middle income group in suburbs of Tier 1, Tier 2 and Tier 3 cities. IIFL …
10% IIFL Home Loan NCD ★ July’21 ★ Should you Invest? Read More »
I personally am a fan of Systematic Investment Plan (SIP) in Mutual Funds for creating long term wealth. It has been marketed so well by mutual fund companies that everyone seems to see all positives but no cons. But as true for anything you do or plan, it’s essential to know about disadvantages of SIP. …
7 Disadvantages of SIP (Systematic Investment Plan) & What You Can Do About It Read More »
Can we claim HRA and home loan simultaneously for Tax Benefit? – A question which is often asked by many tax payers. This is mainly because many employers do not allow both tax benefits together in certain situations. Unfortunately this is NOT the right thing to do. Both HRA and Home Loan Interest tax sections …
Can we claim HRA and home loan together for Tax Benefit? Read More »
Once the ITR is submitted and verified by the tax payer, the department goes through every return in automated/manual fashion to check if everything was correct and matches with the data available with them. In case they find a wrong/doubtful entry or have further questions about any declared or undeclared income or deduction or exemption, …
Received Income Tax Notice – Here how to Respond to it Read More »
Is SIP a Mutual Fund? What is the difference between Mutual Funds Vs SIP? These were some of the questions I was asked by some one close to me and obviously not financially savvy. I think SIP or Systematic Investment Plan have been marketed so well by mutual funds that it has been misunderstood by …
Is SIP a Mutual Fund? & 13 Common Myths about SIP Debunked Read More »
