CAR INSURANCE BLOG

In this article, you will get all the necessary things and a case study pertaining  Mesothelioma  , I urge you to read this bit by bit so as to understand everything I m going to explain on  Mesothelioma and treatments.  What is Mesothelioma? Mesothelioma is a type of cancer that develops from the thin layer of tissue that covers many of the internal organs (known as the mesothelium). The most common area affected is the lining of the lungs and chest wall. Mesothelioma Life Expectancy Average life expectancy for mesothelioma patients is 12 to 21 months. How long a patient lives depends on several factors including age, stage of the disease, and overall health. Approximately 40 percent of patients live past one year; 9 percent live longer than 5 years. Malignant mesothelioma is an aggressive form of cancer whose symptoms typically don’t show up until later stages. Therefore, life expectancy for mesothelioma patients is generally short, especially without treatment. Li...

Alot have been finding it difficult on donating a Car in Califonia and that is the reason we joined forced together to help you on the necessary tips on How To Donate a Car In California, Read carefully below... In this post you'll find some tips on  how to donate a car in California  and some specific requirements you should be aware of that relate to California car donations.  1. To donate a car in California, you begin by submitting an online car donation form or calling the charity you wish donate your vehicle to.  If you wish to claim the car donation as a tax deduction, be sure to check that the charity is an IRS recognized nonprofit organization. 2. The process for receiving the tax receipt for your charitable donation may vary. Some charities will email you the initial receipt while others have the tow truck provide you with the receipt at the time of pick up. This is just an initial receipt and enables you to claim a tax deduction of up to $500. You should c...

Public-sector bank, Central bank of India has slashed interest rate on home loans for loans under Rs. 20 lakh. The revised rates on floating rate home loan have been cut by 25 basis points to be at 9.25 per cent, from 10 per cent. The fixed interest rate on housing loans has been reduced by 50 basis points, from 10.50 per cent to 10 per cent.

I have taken a loan from my father to buy a property. I am repaying my father by making interest and principal payments. Which documents should be prepared, and whether my employer can give tax benefit on such repayments. I have taken a loan from the provident fund office to acquire a property. What is the position on tax benefits on loan repayments? If you have taken a loan from your father/provident fund office to purchase the property, then the interest payable on such a loan is eligible for deduction under Section 24. However, the principal repaid on such a loan is not eligible for deduction under Section 80C as, unlike the deduction of interest, the deduction for principal repayment is available only where the loan is taken from approved sources. If the property is self-occupied, you will need a certificate from your father/provident fund office, certifying the amount of interest payable by you to him for the loan. Your employer will have to give you the benefit of deduction of in...

Any lender while granting any loan is interested in getting the money advanced back. While granting home loans, banks and housing finance companies evaluate your ability to repay the home loan on the basis of the income presently generated by you and the period for which the income will continue to flow. Generally banks grant you home loans equal to 5-6 times of your annual income and consider around 50-60% of the net monthly income available for servicing all of your loans.  The number of times of your annual income you will get a home loan varies from a salaried person to a self employed due to various reasons. For example, for salaried person the source of income is fixed and the salaried person does not have much scope to suppress his income and therefore the lender take the income shown in form no. 16 and ITR at its face value and accordingly the home loan eligibility is determined.  Likewise as against a salaried person, a self employed person, whether a businessman or a...

Recently, we at Apnapaisa received a query mentioning the case of Mr. Rakesh who had paid premium to a life insurance company to buy a cover of Rs. 50 lakhs. Unfortunately, Rakesh died in a fatal accident within 15 days of paying the premium to the insurance company. On finding premium receipt in Rakesh’s papers, his wife approached the insurance company for the claim. But the claim was denied. It was only then that she realized that life insurance policy was not in existence as the premium was received only as a deposit (in fact the receipt issued by the Insurance company clearly indicated that the money was received as a deposit and that the risk cover had not yet started) and her husband had yet to undergo some specific medical tests required by the insurance company. All that the wife got back was the premium amount paid by her husband. So all the careful planning by Rakesh to take an adequate life insurance for the safety of his family had come to naught simply because of his dill...