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What is Liberalised Remittance Scheme and what's it used for?

New Delhi, Sept. 17 -- The Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI) allows resident individuals to remit a certain amount of money during a financial year to another coun... Read More


What to do if you lose money to a bank fraud

New Delhi, Sept. 16 -- With the number of bank frauds increasing, you need to be doubly careful about your transactions, especially online ones. According to the Reserve Bank of India's (RBI) annual r... Read More


91,000 housing units qualify for last-mile funding: Report

New Delhi, Sept. 16 -- According to a report published today by PropEquity, a Gurgaon-based real estate, research and analytics firm, there are an estimated 13.8 lakh housing units in the mid- to affo... Read More


Soon, you will be able to track your loan application status online

New Delhi, Sept. 15 -- You will soon be able to track the status of your loan applications online. Recently, finance minister Nirmala Sitharaman announced the launch of the facility for online trackin... Read More


How cost inflation index helps you bring down your tax liability on LTCG

New Delhi, Sept. 15 -- The Central Board of Direct Taxes (CBDT), which declares the Cost Inflation Index (CII) value every year, has set the CII for FY2019-20 as 289, from 280 in FY2018-19. The base y... Read More


No relief for buyers stuck in Amrapali, Unitech, Jaypee and other stalled projects

New Delhi, Sept. 15 -- The caveats announced along with the real estate funding package on Saturday may restrict the benefits proposed to home buyers in various stalled projects across the country. I... Read More


How gains from different gold investments are taxed

New Delhi, Sept. 13 -- Gold prices breached the '40,000 mark per 10gm on 26 August for the first time. The prices have been on the rise since last one year. During this period, the yellow metal outper... Read More


What's Form 16 and how does it help file your returns?

New Delhi, Sept. 11 -- A Form 16 is a certificate issued by the employer to its employees for each financial year, under Section 203 of the Income-tax Act, 1961. The format of Form 16 was amended by t... Read More


Will liquidity infusion in HFCs help revive the realty sector?

New Delhi, Sept. 7 -- Last month, housing finance companies (HFCs) that have been facing a crisis for the last one year got substantial liquidity boosters. In the first week of August, the National Ho... Read More


Can Rera's conciliation forums help homebuyers?

New Delhi, Sept. 7 -- After about nine years of booking a flat in Greater Noida, Ravi P., a maintenance engineer at the Delhi Airport, is hopeful of getting possession or at least a refund, thanks to ... Read More