10 Government Schemes Launched for the Benefit of Senior Citizens

lderlies are a treasure of knowledge and experience for the youngsters as well as the economy at large. As life expectancy improves, the geriatric population in India is expected to witness a boom. According to statistics, by 2050, the elderly population will account for around a quarter of the total population. Savings play a crucial…

GST Rate on Real Estate – Under Construction & Completed Property

GST Rate on Real Estate – Under Construction & Completed Property There is a lot of confusion on GST rate on real estate, be it GST rate on under construction property or completed property. Let us see what were the taxes before GST and what are the current GST rate on real estate. GST Latest News…

House Rent Allowance Rules and Regulations – HRA 2020-21

(This post is being updated) If you go through the break-up of your CTC statement, you will find a term HRA, which stands for House Rent Allowance. It is paid to compensate the employee for the rent he is paying in the absence of a company quarter.So is “House Rent Allowance (HRA)” a taxable income for…

Retirement Asset Allocation – By Age or Goal or Risk Tolerance?

How should the retirement asset allocation be done – by age or by goal or by risk tolerance? Before jumping to the answer of this question, let’s first understand what asset allocation is all about. What Is Asset Allocation? Asset allocation basically means how much of your investments should be divided into equity and debt instruments….