Loan Against Property: Meaning, Eligibility, Documents and Risks Explained
A Loan Against Property (LAP) is a secured loan that you take by offering an eligible property as security to the lender. The loan is usually repaid through monthly EMIs. Depending on the lender and product, other repayment structures may also be available.
Input Tax Credit (ITC) Under GST: Simple Guide to Eligibility, Blocked Credits and Reversal
Input Tax Credit (ITC) is one of the most useful benefits of GST. It allows a registered business to reduce its GST liability by using the GST already paid on eligible business purchases.
Personal Loan vs Gold Loan: Which One Should You Choose?
A personal loan is usually an unsecured loan. The lender mainly checks your income, credit score, repayment history and financial stability. A gold loan is a secured loan. You pledge eligible gold jewellery or gold coins with the lender and receive a loan based on the value of the gold.
Startup Due Diligence Before Raising Funding: What Investors Check Before Investing?
Raising external funding is an important milestone for a startup. Founders often focus heavily on valuation, pitch decks, revenue growth and investor meetings. But there is another important stage that can significantly influence whether a funding transaction actually closes: due diligence.
What Happens to Mutual Funds After the Investor Dies?
Many investors build portfolios over several years through SIPs and lump-sum investments. But one important aspect is often ignored: what happens to those investments after the investor dies?
What Happens to a Home Loan After the Borrower Dies? Rules for Family, Co-Borrowers and Heirs
The outcome depends on several factors, including whether there is a co-borrower, whether the loan has credit life insurance, the ownership of the property, the estate of the deceased borrower and the terms of the loan agreement.
Form 15G and 15H: How to Save TDS on Interest Income?
Form 15g and form 15h are self-declaration forms under the Income Tax Act that let you inform banks, post offices, and other financial institutions that your total income for the year is below the taxable limit. Once submitted, these institutions will not deduct TDS on your interest income, insurance commission, EPF withdrawal, or other specified payments.
E-Way Bill Rules Under GST: When It Is Required, Validity & Exemptions?
An E-Way Bill is an electronic document used to track the movement of goods under GST. It is generated online in Form GST EWB-01. After generation, the system provides a unique 12-digit E-Way Bill Number (EBN).
Fixed Deposit vs Debt Mutual Fund: Which Investment Option Is Right for You?
A Fixed Deposit offers a predetermined interest rate for a fixed tenure, giving investors clarity about expected returns. A Debt Mutual Fund, on the other hand, invests in government securities, corporate bonds, treasury bills, and other debt instruments. Its returns are market-linked and can fluctuate depending on interest rates, credit quality, and overall market conditions.
How to Apply for GST Registration Online? Step-by-Step Process, Documents Required & Rule 14A Explained
GST registration is done online through Form GST REG-01 on the official GST portal. In most cases, you don't need to visit the GST office. However, depending on your case, you may have to complete Aadhaar authentication, biometric verification, submit additional documents, or undergo physical verification.