Showing posts with label how to invest online in India. Show all posts
Showing posts with label how to invest online in India. Show all posts

Source of Income and Internet

There are various sources through which one can easily earn while enjoying their holidays. There is very less efforts required if one act smartly. I don’t mean to say that by overnight you can easily achive, rather I mean to say that you have to work hard in starting to establish the cycle of getting regular online income or say a passive income.

First, you have to locate the source from where you expect that you can earn like writing about college notes or about your travelling experience to certain destination. The pro and cons of taking medical attendance etc and etc.

Easily you learn from online available books like this one

You can buy this by clicking on the photo which will guide you to a new window of amazon site.

This book is a excellent tutorial and inform your about sources from where you can earn a handsome passive income. Provides complete step by step frame work to use the source to earn passive or online income.

There are other books too which are available online and can help you to refresh your mind to think differently and developing new ideas that how you can get the regular income online. These books are also available on amazon and the you can buy them just by one click on the below pictures which will take you to amazon site on new window .




So guys, best of luck from my site, even after going through these books, in any case you are not getting what you want, do contact us by commenting in the comment box below.

How to Save Tax | What are Tax Exemption Limits

Tax Exemption limits in India


Proper tax planning can help you in saving lot of money. Start from a proper planning by dividing your income within your relatives. By doing this each individual will be able to maintain their own tax slab and can enjoy their personal tax exemption limits. If each family member is having their own income source, then they become legally an independent tax payer.

The income of the individual can’t be distributed among the family member. The simple way is by using the facility of Gifts and Settlements.

There are also other tax exemptions limits as mention below

A)    Section 80C (Limit upto Rs.1,00,000/-)
This includes the following
FD for min 5 Years
Post Office SB
Infra Sector Bonds
Child education expenditures (limited to Rs.200 per month and for 2 children)
Tuition fees (Max limit Rs.24,000)
Housing Loan

B)    Section 80CCD
This deduction is over and above the deduction available under section 80C
If the NPS account is provided by your employer and deduction is limited to 10% of the basic salary, then you can claim the benefit. Only the returns on NPS are tax free and the withdrawals are taxable.

C)   Section 80CCG
Under “Rajiv Gandhi Equity Saving Scheme”, if the investor has the taxable income below Rs.10 Lakhs, the investor will be able to claim 50% deduction of his investment in the equity, limited to the investment of Rs.50,000
The Investment should be lock in for minimum 3 years.

D)   Section 80TTA
The interest received on Saving Bank account upto Rs.10,000 every year is tax free.

E)    Section 80D
Medical insurance premium for self and dependents upto max Rs.15,000
Health Check-ups upto Rs.5000
In case the premium is paid for medical insurance of parents, deduction is allowed upto Rs.15,000
If Self / dependent is Senior Citizens, medical insurance premium for self and dependents deduction allowed upto Rs.20,000
If parent is senior citizen, deduction allowed upto Rs.20,000 for premium paid for medical insurance

F)    Section 80DD
Any expenditure made for disabled dependent towards treatment / rehabilitation / training and also the premium paid for LIC insurance for the disabled dependent.
Claim can be made upto Rs.50,000 for normal disabled and Rs.1,00,000 for severe disabled dependent.


G)   Section 80DDB
Deduction of upto Rs.40,000 is allowed for the expenditure made towards disease or ailment such as cancer, aids etc
For Senior Citizen the deduction is upto Rs.60,000

H)   Section 80E
Deduction allowed for any load repayment for higher education (all education above 12th Class is allowed both for vocational of Full Time. Condition, that the school / college / institute to be registered / recognized with government.

I)     Section 80G
Donation to the political parties is 100% exemption and donation to charities depending on charity like 25/50/75/100%

J)     Section 80U
For permanent disabled upto Rs.50,000 allowed and for the permanent disabled more than 80%, the maximum deduction permitted is Rs.1,00,000

K)    Section 24(1)(vi)
Housing loan interest limited to Rs.1,50,000 for loan taken after 1st April 1999
Other than these the other exemption is allowed for any contribution company in the hands of the employee upto Rs.1,00,000 tax free. Transport Allowance or Conveyance charges upto Rs.9,600 is tax free. No supporting bills are required.
House Rent Allowance (HRA) given to an employee is tax free for 50% of the annual basic in case of metros and 40% of basic in case of non-metros. Or the actual HRA received or the rent paid upto 10% of annual basic.

Provident Fund investment upto Rs.1,00,000 is tax exempted, subjected if the overall investment limit of Rs.1,00,000 under section 80C.

No income tax is on the Gift received from your family and specific relatives. Gifts received from parties other than relatives upto Rs.50,000 is exempted from income tax.
Gifts received at the time of marriage upto any amount is tax exempted. Gift received should be genuine and the person making gift should have the proper details for the source for making gift. Kindly note, as per section 64, there should not be any direct or indirect transfer of funds between assesses and his/her spouse. Means if the husband makes gift to wife or wife makes gift to husband, it will be taxed.


Best Life Insurance | Terms Plan or Policy

Details about how to select Life Insurance and which one !

Which is the best life Insurance available; this is the major question which, everyone is searching for the correct answer or the adviser. The agents are mainly interested in offering the clients with such insurance policies in which they are getting huge commissions. In most of the cases, the agent dares to fool the clients by committing the certain terms which even the policy issuing company doesn’t cover.


When I first selected to go with the Life Insurance policy, I was chased by several agents who claimed the policies they are offering to be the best in the market and all of them have advantage without any negative point of the policy they are offering.
The other part is that, most of the clients are not able to either understand the terms and conditions of any policy or they are not interested in reading the huge list of conditions. So they fully rely on the agents who are offering the policy. This makes the agents to win a change and make you go for that particular policy in which they are getting huge commissions.
Best Life Insurance in India

No agent is interested in offering you the best suitable insurance which is comfortable to your budget and protects you maximum.
Now I will inform you the best Life Insurances in the market in India available and how to select best suitable for you.

The Expert advice is to keep Insurance and Investment separate. If you will look insurance in Investment then, both will cost you much more than expected and same if you are looking for investment in insurance, then also you are losing.

Now once you have made Insurance and Investment “separate” then for the best Life Insurance is go for “TERM PLAN” also commonly known as “Term Insurance”. The agents always want to cut corners while talking about Terms Insurance as the best Life Insurance; Why? Simple they are not getting any commissions.
The beauty of the Term Insurance / Term Plan is that it’s the cheapest insurance (except LIC) and covers all the risk which one is looking for. For example for a Term Insurance / Term Plan which for Rs.40 Lakhs will cost you between Rs. 5000 to Rs. 8000 per year depending on the Policy company and the applicants age and health. While in regular investment plus insurance policy, to cover this amount you may have to pay between Rs.20, 000 to Rs.35, 000 per month.

The money saved after taking the Term Plan / Term Insurance for life, one can invest the remaining money in Mutual Funds or other schemes as pure investment for future.

When you select for Term Plan for Insurance then the money paid to get the insurance is non refundable. It’s same as you are paying for your vehicle insurance and once the year finishes the insurance also finishes and again you have to pay for the Insurance. These payments are known as Premium in commonly.

All Terms Plans / Term Life insurance is available online.


Invest in Multi-Brand Retail Business in India

The CoS has recommended allowing 51 percent FDI ( Foreign Direct Investment ) in the multi brand retails in India with a condition that the Foreign investment should be at least USD 100million.

The Overseas mega retails chains will have to pump in at least half of their investment in the back end supply chain. This is a closer step in opening up multi-brand retail sector to foreign direct investment

As per this recommendation, the retail-brand market is open for 51% FDI. This is the biggest economic reform by the present Government in India. Soon the FDI permission for Insurance Sector business in India also will be in news.

Investment in India, Complete Details and Guidence, Business development


We are investment promoting group. We are based in India and are truly operative and present globally; therefore, we can satisfy the client needs while giving the quality and security that our partners are seeking in an investment business. We know that the most successful business relationships occur when the interests of all parties involved are accounted for. We know also that everyone is different, so we dedicate ourselves to teamwork by respecting each others unique abilities and contributions. We conduct our business with honesty, integrity, professionalism, and mutual respect. Our success is based on multinational cooperation. As a real professionals, we will assist you from the beginning to the end of the business transaction; therefore, if you have any special condition as far as investment, just let us know and we will do the best to accommodate your needs. Post March 2005, Government has allowed FDI under automatic route and from 1st April 2011 Government has decided to allow FDI in agriculture sector including seed, plantation, horticulture, an cultivation of vegetables. Besides, animal husbandry (including of breeding of dogs), pisciculture, aquaculture under controlled conditions and services related to agro and allied sectors have also been brought under the 100 per cent FDI norm. Similarly, the tea sector has also been brought under the 100 per cent norm. In case of foreign direct investment for Development of Land for housing plots, the minimum area has to be 25 Acres and for developing construction projects, a minimum built-up area of 50,000 sq mtrs is required. The minimum investment of US$10 million for the fully owned company and US$ 5 million for a joint venture with Indian partner. Before 3 years, the original investment can’t be repatriated and may be permitted to exit earlier with Government approval. Investors are not permitted to sell undeveloped plots. Besides this, 100% investments are allowed through automatic route in INFRASTRACTURE, such as roads, highways, ports and harbors, power generations transmission and distribution, LNG Projects, Hotels and tourism, Hospitals, Private Oil Refineries , setting and developing Industrial parks, model towns and SEZ Under FDI investment the income generated from the business is freely repatriable outside India The Sectors which are prohibited for FDI are Ø Gambling and betting Ø Lottery Business Ø Atomic Energy


Agriculture (Photo credit: thegreenpages)

Investment Plans in India , then Investment in Agriculture and Plantation is among one of the best investment


Investors can directly invest in agriculture and plantation sector. The FDI is also allowed 100% in agriculture sector including seed, plantation, horticulture, an cultivation of vegetables Department of Industrial Policy and Promotion released on “Consolidated FDI Policy — Circular 1 of 2011″, 100 per cent FDI has been now allowed in development and production of seeds and planting material, floriculture, horticulture, and cultivation of vegetables and mushrooms under controlled conditions. The policy will come into effect from Friday (April 1).

Besides, animal husbandry (including of breeding of dogs), pisciculture, aquaculture under controlled conditions and services related to agro and allied sectors have also been brought under the 100 per cent FDI norm. Similarly, the tea sector has also been brought under the 100 per cent norm.

The DIPP has imposed certain conditions for companies dealing with development of transgenic seeds and vegetables wanting to take the 100 per cent FDI route. According to the circular, when dealing with genetically modified seeds or planting material the company is supposed to comply with safety requirements in accordance with laws enacted under the Environment (Protection) Act on the genetically modified organisms; any import of genetically modified materials, if required, shall be subject to the conditions laid down vide Notifications issued under Foreign Trade (Development and Regulation) Act, 1992; the company shall comply with any other law, regulation or policy governing genetically modified material in force from time to time; undertaking of business activities involving the use of genetically engineered cells and material shall be subject to the receipt of approvals from Genetic Engineering Approval Committee (GEAC) and Review Committee on Genetic Manipulation (RCGM); the Import of materials shall be in accordance with National Seeds Policy.

Further it states the term “under controlled conditions’’ covers the following: Cultivation under controlled conditions’ for the categories of floriculture, horticulture, cultivation of vegetables and mushrooms is the practice of cultivation wherein rainfall, temperature, solar radiation, air humidity and culture medium are controlled artificially. Control in these parameters may be effected through protected cultivation under green houses, net houses, poly houses or any other improved infrastructure facilities where microclimatic conditions are regulated anthropogenically. In case of animal husbandry, the term under controlled conditions includes: rearing of animals under intensive farming systems with stall-feeding. Intensive farming system will require climate systems (ventilation, temperature/humidity management), health care and nutrition, herd registering/pedigree recording, use of machinery, waste management systems. Poultry breeding farms and hatcheries where microclimate is controlled through advanced technologies like incubators, ventilation systems etc.

In the case of pisciculture and aquaculture, it includes: aquariums hatcheries where eggs are artificially fertilised and fry are hatched and incubated in an enclosed environment with artificial climate control. (Source:, March 31, 2011)

FDI upto 100% with prior government approval is permitted in tea plantation subject to the conditions of divestment of 26% equity of the company in favour of an Indian partner / Indian public within a period of five years; and prior approval of the state government concerned in case of any future land use change


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