What if my Home Loan application gets rejected

I’m still not sure whether I’m eligible to apply for a Home Loan or not..  Some banks are saying I’m not eligible whereas some banks are saying I’m eligible… I fear that the bank executives who are saying that I’m eligible are just trying to take my file..   My query is – if I […]

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fundamental Stock analysis

Hi, Can some one provide some pointers/materials to fundamental stock analysis for picking up the stock? Or any method that you would be following to select the stocks? Thanks, Rajan  

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Is taking Life Insurance from too many insurers wise?

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Mismatch in Expense Ratio on FundsIndia and ValueResearchOnline

Dear Friends, I was about to invest in Franklin India BlueChip G MF through FundsIndia when I found that the Expense Ratio mentioned for this fund on FundsIndia is 2.15 whereas on ValueResearchOnline it is 1.81.  Similarly on another fund the Expense Ratio is lower at FundsIndia and higher at VRO.  Anyone has any idea […]

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Tax calculation for SIP in mutual funds

Dear Friends, We are aware that any interest earned on money invested in Equity MF for more than a year is tax-free. But how does it work in case of a SIP. In SIP money is invested every month. So, for example, if I start a SIP of 5000 p.m. in an Equity MF and […]

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Is it advisable both husband & wife have Term insurance with the same company?

My wife has it with Aviva. I liked they way the dealt with my wife. Even medicals was arranged at my house itself and we didn’t have to go to any hospital. After the medicals, just in two days the policy was issued. Thanks.    

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Medical Insurance

Hi, are there any insurance in which the expenses incurred in the preventive health check up are also reimbursable? Thanks, Rajan

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Superannuation Taxability on resignation but retaining the amount with previous fund till 60 years age

16.05.2013 Dear Manish and  all learned members of Forum, I  have a query on taxation of the commutation amount of LIC Superannuation Scheme of my friend  Anil: Anil worked in a Co. for about 4 years and was covered in employer Superannuation scheme with LIC. He resigned and joined some other co. which did not […]

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SBI MaxGain meaning

Hello Sir,   I have taken SBI Hsg loan of Rs. 18L for 15years this year(2013).    As today, My SBI maxgain OD account states  Book balance: Rs. -17,72,038. Availabe balance: Rs. 27,962 and Drawing power : Rs.18L.   I wants to widtdraw money from my OD a/c. My difficulties are –   1) How […]

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How is tax liability calculated in case of joint accounts?

Hi, My wife and I have a joint account. I am in 30% tax bracket and she is in 10%. I just wanted to understand that if any income (interest from FD, RD etc) is generated from that account, how is the tax liability calculated for such joint accounts? Is it 50-50 or some other […]

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