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Barakah Finserve

I want to buy two flats by selling one. What are the income tax implications?

There are no restrictions on you buying the proposed property jointly with your children as long as you are able to establish that you have made the requisite investment in the property


Barakah Finserve

Can I get income tax benefit on home loan prepaid and penalty charged?

The deduction under Section 80 C for principal repayment of qualified home loan is available along with various other payments like Life Insurance Premium, ELSS, NSC, PPF, Provident Fund and tax saving bank FD, tuition fee for children etc


Barakah Finserve

ICICI Bank ATM withdrawal, cash transaction charges to cost more from today

ICICI Bank customers will have to face higher charges from ATM withdrawals to cash transactions, starting from today


Barakah Finserve

How new ATM cash withdrawal rule will affect you? Details here

New ATM cash withdrawal rule: Starting today, the interchange fee that banks can charge on ATM will see an increase


Barakah Finserve

Mutual fund calculator: Monthly SIP you need to get 10 crore after 25 years

Mutual fund calculator: On how much annual return on can expect from mutual fund SIP, experts say that one can expect at least 12 per cent return from the mutual fund SIP if the investment period is 25 years


Barakah Finserve

How NPS subscribers will benefit from pension funds' IPO investment

NPS scheme: PFRDA Chairman Supratim Bandyopadhyay said that allowing pension funds to invest in IPOs will trickle down to the National Pension System subscribers' return in the long-term


Barakah Finserve

Choices to make while opting for investment in NPS

An investor has to choose between active and auto options depending on how he/she wants the money to be invested in asset classes


Barakah Finserve

SBI waives off processing fee on home loans till 31 August

The State Bank of India (SBI) today announced 'Monsoon Dhamaka Offer' with a 100% waiver on processing fees on home loans


Barakah Finserve

Adding value funds can enhance your portfolio

Consider the long-term track record of the funds before investing in funds as it helps understand how the funds have performed across different market cycles


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