Monday 26 August 2013

10 common legal myths busted

10 common legal myths busted
People have several misconceptions about legal provisions. We shatter a few commonly held notions.
Good time to lock money in tax-free bonds for long-term
As the PSUs prepare to issue tax-free bonds worth Rs 48,000 crore over the next few months, this may be a good opportunity to lock in at high rates for the long term.
Things to check while opting for co-tenancy
Whether you are a tenant or a landlord, here's the documentation you need to have in place before you consider the benefits of a shared, rented accommodation.
Now, you can set up a one person company
Till recently, if you wanted to set up a private company, you needed at least one other person.
Investing in non-core businesses: Has diversification worked for India Inc?
Companies have paid heavily for foraying into unrelated areas during boom time and are now being forced to shed non-core businesses.
Quote of the week
"We don’t need monopolies. Instead, we need 4-5 banks of big size since large banks can become too big to fail."
D Subbarao Governor
Early start, exposure to equity to help Ronak Soni and his family meet their financial goals

Family Finances

Despite a modest income and home loan, the Sonis shall reach their financial milestones with ease thanks to smart investments. However, they need to revamp their insurance portfolio.
Bear market: Endowment effect explains investor behaviour during downturn

Financial Planning

We love to assume that the house we live in is worth a lot more, while remaining unwilling to assign the same value to a similar house that is not ours.
Bhaskar Chattopadhyay’s ArtSquare offers free online platform for artists

Money-making venture

Starting with only 30-35 artists, ArtSquare now features 700 artists and caters to the décor needs of restaurants, hotels, and the like.
Karbonn: How Pardeep Jain managed to create a Rs 2,400 cr telecom behemoth

Entrepreneurs

Our foray into the telecom vertical followed soon. In the mid-1990s, mobile phones were just beginning to make a foray, so we decided to make the most of it.

Financial Calculators

Plan your car
Plan your car
Car cart!
Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy.
Home Loan Refinance
Home Loan Refinance
Should you refinance your home loan?
Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate.
“After the lectures, which go on till late afternoon, I head for my office for a couple of hours before returning to take classes in the evening till 9:30 pm,”
Data released last week showed that recession in the euro zone may finally be coming to an end.
For a generous dose of wildlife, culture and adventure, take a vacation to Kenya, Africa’s most popular safari destination.
From the time you start working till retirement, each lifestage calls for a review of your insurance portfolio.
An SWP helps to spread the transactions over time and average out the prices.
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