In India’s rural and agricultural areas, land ownership and dealings are organized by specific systems or terms, commonly known as Khasra and Khatauni. These documents allow for the confirmation of ownership and boundaries, which is extremely beneficial to banks when
To address the demand for residential plots close to the upcoming Noida International Airport, a new scheme may be announced by YEIDA in the upcoming financial year. As the demand for residential plots near the upcoming Noida International Airport increases,
The overnight and one-month Marginal Cost of Funds based Lending Rate (MCLR) is established at 8.20%. The State Bank of India (SBI) has announced its latest marginal cost of funds-based lending rates (MCLR) for loans between January 15 and February
A comprehensive guide on how the Cost Inflation Index impacts your capital gains. The Cost Inflation Index (CII) serves as a metric used by the Income Tax Department of India to factor in inflation when determining long-term capital gains from
Every enterprise, whether small, medium, or large, requires capital for efficient operation. Business loans serve as an essential financial resource, presenting a significant opportunity for entrepreneurs. A person running a small cafe may open another one in a few years,
Increasing real estate costs in India have led many to consider home loans to acquire a house. The Income Tax Act offers several deductions aimed at reducing the financial burden and providing savings. With house prices in India skyrocketing, most
The study also noted that challenges remain, including high costs, unclear return on investment, and the integration of legacy systems, which are especially pertinent for small and medium enterprises (SMEs). While many manufacturers acknowledge that the adoption of technology is
High-pressure environment, stringent regulatory requirements, and the continuously changing technological landscape adversely affects the morale and enthusiasm of relationship managers in banks. But customer-facing staff in banks can avoid switching jobs for reasons other than salary hikes. Customer-facing staff play
Home loan interest may pose a financial challenge. Nevertheless, through careful planning, it is possible to transform this challenge into a tax-saving opportunity. Here is how you can optimise tax benefits on home loan interest for both self-occupied and rented
Amid decreasing real estate activity observed in the latter half of calendar year 2024, the sector is looking forward to government initiatives aimed at stimulating overall consumption. With only a few weeks left for the Union Budget 2025-26, home loan
Expert insights, and industry updates to grow the financial health for your business.
