Skip to main content

Posts

Highlights of 2011 Census Report

NEW DELHI: The population of the country as per the provisional figures of Census 2011 is 1210.19 million of which 623.7 million (51.54%) are males and 586.46 million (48.46%) are females. The provisional figures of Census 2011 were released in New Delhi on Thursday by Union home secretary Shri G.K.Pillai and RGI Shri C Chandramouli. The major highlights of the Census 2011 (Provisional figures) are as under: *The population of India has increased by more than 181 million during the decade 2001-2011. *Percentage growth in 2001-2011 is 17.64; males 17.19 and females 18.12. *2001-2011 is the first decade (with the exception of 1911-1921) which has actually added lesser population compared to the previous decade. *Uttar Pradesh (199.5 million) is the most populous State in the country followed by Maharashtra with 112 million. *The percentage decadal growth rates of the six most populous States have declined during 2001-2011 compared to 1991-2001: -Uttar Pradesh (25.85% to 20.09%) -Maharash...

How Investments can Save You Tax?

Qualifying Investments -- Equity Linked Saving Schemes Investments in equity linked saving schemes i.e mutual funds qualyfies for deduction u/s 80c but comes with a lock in period of 3 years. -- Unit Linked Insurance Plans ULIPs offer life insurance and equity investment in one package, eligible for deduction u/s 80c. -- Public Provident Fund Maximum investment in PPF can be Rs.70,000. There is a lock in period of 15 years. -- National Saving Certificate NSC has 6 years lock in period. Interest earned is deemed to be reinvested and is eligible for deduction u/s 80c. -- Infrastructure Bonds Bonds issued by companies are eligible for deductions u/s 80c. -- Bank Fixed Deposit Tax-saving fixed deposits (FDs) of scheduled banks with tenure of 5 years are eligible for deductions u/s 80c. -- Post Office Time Deposit Post Office Time Deposits with tenure of 5 years are eligible for deductions u/s 80c. -- Senior Citizen Saving Scheme SCSCs are only meant for senior citizens. Interest income is ...

10 Things You Should Know Before Buying an Apartment

After spending some time in renting business you’ll realise that you should stop throwing away money on rent month after month, and buy a house or an apartment. If you are going to buy your first apartment ever, then in this article will show you a checklist of things that you should verify before buying. I’ve made this list because in future I’ll want to buy an apartment for me, and I want to be aware of things that I need to know before buying, avoid unpleasant surprises and of course invest carefully in my future. Decide on the area you want to buy an apartment. This may involving spending some time in that area or at least doing some research at home. Before you buy, research the market to make sure you are getting value for money. Talk to independent valuers and real estate agents, and check recent sales in the area. Don’t rely on advice from the developer or their agent. This is particularly important if you are buying off the plans. You want to know that the value of the finishe...

Checklist for getting Home Loans from Banks

Confirmation of Income Employment Proof Age Proof Residence Proof Name Change Proof (If Applicable) Investment Proof (If Applicable) Property Title Proof Confirmation of Rental Income Deposit or Investments Sale and Purchase Agreement New Customer to the banks of India Government Valuation and rating System