Finance
Indian share market tips, tax planning and money transfer methods
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Benefits of HUF And How to Save Tax with HUF
If you are married and are a Hindu, Sikh, Buddhist or Jain by religion then you can have an HUF as a separate tax entity. This is a boon for those who want an easy and safe method to save tax. In this article we will discuss what an HUF is, how to create capital [...]
Posted in Tax Saving Tips | No Comments
Income Tax Slabs For FY11-12 or AY 2012-13
There have been several changes in the tax slabs for the financial year 11-12 (AY 12-13). Now, any resident Indian between 60 to 79 years age is considered senior citizen and will enjoy income tax exemption on income Up to Rs 2,50,000. Further, any resident Indian above 80 years age gets income tax exemption on income Up [...]
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Money Transfer to India
Given the increasing number of Indians working and studying abroad with relatives, parents, friends and dependants back home, there is always a huge demand for ways of transferring money from and to India. In some cases, the residents are on short term trips abroad and need to transfer money online to India for parents or [...]
Posted in Money Transfer | 2 Comments
Indian Equities Getting in Bad Shape.
The global debt concerns especially in Europe and sluggish US economy is weighing on market sentiments. That coupled with alarmingly high inflation, deteriorating IIP numbers and expectation of further tightening by RBI on September 16, has made sensex plunge back under 17000 decisively. This is a bad signal and chances of any upmove is very bleak. And [...]
Posted in Market Updates | No Comments
Send Receive Funds With Alert Pay
Allowing people to send/receive funds via internet, Alertpay is web-based payment option that is very safe and fast. This Canadian based company was set up in June 2005. Its working and features are similar to Paypal. The services of AlertPay are offered at low cost. The account of account is absolutely free of cost. Otherwise [...]
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iKobo Funds Transfer India
iKobo is a payment processor that is web-based. You can use iKobo to transfer funds to anybody. The biggest advantage of this processor is that the payment is not made directly to any recipient. Instead, the beneficiary will be sent a card that can be used to withdraw funds from the ATM. The working of iKobo [...]
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Western Union Quick Collect
So, Western Union Quick Collect can be considered as one of the best means for transferring funds quickly. It is an express payment method that sends money almost immediately. In fact, if you compare this method with other mail payments or very expensive overnight systems, then you will find it to be even faster. Quick [...]
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E-Gold – Payment Method or Gold Investment
e-gold is categorized as electronic currency and is a digital way of storing, buying and possessing gold. Furthermore, the owners of e-gold can easily and immediately make the transfer of ownership among themselves. e-gold was founded by Barry K. Downey and Dr. Douglas Jackson. Presently, e-gold is managed under e-gold Ltd by Gold & Silver [...]
Posted in General Knowledge | No Comments
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