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LAP ( Loan Against Property)  is one of the most sorted out options that one can take while opting for a home loan. It offers lower interests, longer duration to repay and the chances of approval on the loan are quite higher than any other form of application. Then you can set up a monthly installment (EMI) which will automatically be charged from your account which you can decide according to your convenience. Loan against property in Dehradun is one of the most popular and secure methods to apply for a loan. There are multiple options for banks that provide loans with good interest. There is also the option of a mortgage in which you get money from the bank to buy a property and pay the amount later and when you are done repaying the loan can attain full ownership of the house. Loan Against Property in Dehradun The real estate market is on a rise in Dehradun with various apartment building is being constructed and the price of property either a house or a flat reaching a new...

Purchasing a property that can be a house, flat or just a piece of land is probably one of the biggest decisions you make in your life and it’s not just for you but the millions of families in the country which can be challenging both mentally and financially. The decision we make has huge impacts on us and our future and thus is advised to make them with the best available knowledge beforehand.    For most of the cases, people can pull off such high-value purchases with the help of a lender i.e. a bank through home loans. While there is a limit to the amount which can be borrowed, a person does prepare an estimated amount that might be required through this whole process and then arrange the amount with the loaned money and his/her savings. This is where a lot of people make a small error of judgment that is not taking stamp duty and registration into consideration. Though there is common knowledge available about these terms but one should have brief knowledge as they are an...

To simply put into words a cancel cheque is a type of cheque which has “Cancelled” written on in with two parallel lines run across its top and bottom. This cheque is not a special type of cheque it just carries all the valid information that any other normal cheque would do that is it will have your name, account number, IFSC code, MICR code, name of the bank and branch to which the cheque belongs. All this information is carried across all your cheques as you use it to write an order to the bank to provide you or someone else who has that cheque with the certain of money that is specified on the cheque. Thus, a cheque becomes a very useful entity that can be misused if not handled with proper care and that’s where a Canceled cheque may come in handy as you can share all this personal information to anyone without worrying about the misuse of the check.  How does that work and how many other ways through which a canceled cheque may come is use will be the focus of this artic...

A financial emergency may occur from anywhere and to anyone which may vary from use to use. During these times of emergency, a small financial help can cause a huge difference and help you come out of the situation. Thus, these specific needs for personal loans can be recognized. In times of growing economy and financial trade, the term credit has become very familiar with the common population. With the coming of various government and private financing company the exchange between lenders and borrowers has spiked to a new height after the government taking control of the interest of both the parties. So, that a collective growth can be established. Earlier it was avoided as there were no laws specific to these small borrowings and lenders used to charge high interest on very small amounts, taking their assets as mortgage and then complete possession in case of not returning the debt. Thus, people developed a distance even it was beneficial for them. Nowadays securing a handsome perso...

Long term capital gains (LTCG) are those profits that you earned after you have invested more than 1 lakh of money in a capital asset and that you have held for more than 3 years of purchase. LTGC is also subjected to a tax as it is considered a source of income, hence you are liable to pay 20% of your LTCG as tax if you sell any of your capital assets under LTCG. In the case of inheritance or will the tax will not be applicable as the property is not being sold or purchased. How to Save Tax on Long-Term Capital Gains There is a lot of confusion regarding what is considered under the capital assets on which LTCP tax is applicable and on those it is not. From Land, building, house property, vehicles, patents, trademarks, leasehold rights, machinery, and jewellery these are some of the examples of such assets. LTCP brings in a huge amount of profit and with it a liability to pay the necessary taxes. But why is it important to save taxes on LTCG? The straight answer would be the sheer amo...

Everyone likes to buy the things they love and the temptation to buy them as soon as possible is the reason credit cards exist and are used by many middle- and high-class people all over the world. To match up with the latest trend people often couldn’t wait to save up the amount and would rather choose to pay that small amounts as EMI to have the product now. Not always this credit is used on personal expense many times a sudden need of money may arise due to medical or financial crisis and though it is advised to have an emergency fund, a credit card could turn out to be a blessing. One have to be very careful while spending on all those expenses firstly because it is not your money, it should be treated as a loan and have to be paid back and not to max out the limits when you can’t afford to pay it back before the deadlines and sooner or later find yourself in a debt and penalties which can degrade your financial records at a very early stage of your career. Managing A Credit Card o...

  In the times of global connectivity and numerous trade routes, the world has become a single unified entity with having various individual elements helping each other for a greater good for everyone. when we talk about this great connectivity, we also talk about the global challenges we face together which could have many direct and indirect impacts over a long duration of time and could affect no matter who you are or wherever you are in today’s time. Thus, you must realize the merits and demerits of such arrangements and be prepared with the best of our knowledge. Money management during the Coronavirus Crisis Covid-19 has grasped the world in the shackles of lockdown for most of 2020 and while everyone is stuck inside their home and hoping for the betterment of the current state that we are in right now. New issues have started to arise which are born from the root cause of this global pandemic. One of the best among them is the new global economic crisis, many countries such ...