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WIFE LOAN REPAYMENT
ED probes auditors, vendors for colluding with CMRL MD in Kerala money laundering caseThe Enforcement Directorate is investigating Cochin Minerals and Rutile Limited (CMRL) for alleged money laundering, focusing on payments t...- 'Income Rs 1.7 lakh per month, savings just Rs 2,250': Couple say they are living paycheck to paycheck, mentally exhaustedA young Indian couple earning a combined ₹1.7 lakh monthly faces financial strain. High loan EMIs, including a ₹70,000 personal loan, leave...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
- Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
- Lending money to friends or relatives? Why guaranteeing loans and personal lending can put your finances, credit score, and goals at riskWhen a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...
- Earning Rs 1.55 lakh but still broke? Bengaluru CA says you’re reading your money wrongA Bengaluru chartered accountant offers a new perspective on finances. A 29-year-old earning Rs 1.55 lakh monthly felt strained, but the ac...
- Husband's death in Covid leaves widow unable to repay loan; SC invokes Article 142 to cut duesThe Supreme Court has intervened to help a widow struggling to repay a Rs 50 lakh loan taken by her deceased husband. After his death durin...
- Qatar Investment Authority moves Karnataka HC to enforce $235 million award against Byju RaveendranThe Qatar fund has also claimed interest at 4% per annum on $235 million, compounded daily, from February 28 last year until the date of pa...
- Employee’s contribution to PF will be reduced to 10%. Will it increase the tax burden?The reduction in contribution will lead to an increase in your takehome pay which, in turn, will be taxed at your income-tax slab rate. Thi...
- Division of homes and loans in divorce: What a woman should knowIn a divorce, there is no legal provision regarding the division of property. In a mutual contested divorce, the following possibilities ca...
- Money & Relationships: Pros and cons of taking joint home loan with your spouseGo through the benefits and drawbacks, as well as the precautions you need to take before applying for a joint home loan.
- Dealing with your spouse's debt liability after they pass awayIs the surviving partner legally liable to repay a debt incurred by the deceased spouse or can he seek exemption?
- Tax queries: Annuity received on a periodic basis is taxable as an income under the head ‘Salaries’Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
- Two more farmers commit suicide in MP; seven in one weekThis takes the number of farmer suicides reported in the state since June 8 to seven.
- Should you go for a top up or a personal loan?The maximum tenure for a personal loan is 5 years while a top-up loan’s tenure could go up to the remaining tenure of the home loan.
- What are the factors that determine home loan eligibility?Banks believe that the ability to repay one’s housing loan is based on one’s income and expenditure pattern.
- Should you prepay your home loan or invest the money?The investment can appreciate over time and be available for other needs compared with the investment in house, which is not flexible and c...
- Q& A: TaxationThe house you plan to sell qualifies as a long-term capital asset (holding period of more than three years), you would be eligible to claim...
- Home loans: Multiply your gains with joint ownershipTax benefits on home loans have turned out to be an important aspect of homebuying . Here is how you can benefit from the same.
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