Currently, under the Income Tax Act, 1961 (the ‘Act’), an individual can claim a deduction for interest paid on housing loan for a self-occupied housing property for up to Rs 1.5 lakh in a financial year subject to the fulfillment of certain conditions. Furthermore, a deduction may also be claimed up to Rs 1 lakh for repayment of principal amount of the housing loan.

The restructured income tax slabs and liquidity in the banking system work well for homebuyers waiting to acquire property, writes B S Manu Rao

Recovery in NCR and Mumbai is a definite precursor to the expected trends in 2010, a report says, but cautions that it would be premature to predict a bounce-back for the entire sector. Prabhakar Sinha writes

Many businesses offer more literature than any other type of product, and for these businesses holding large amounts of literature it is costly to store this inventory. For many businesses, it is much less expensive to use a literature fulfilment company to handle this end of business. Not only do literature fulfilment companies offer your business the chance to save on inventory storage, but the headache of returns and shipping. Most literature fulfilment companies will find the least expensive delivery carriers for your products to be shipped with, but they also take care of all returns and exchanges.

These two actions alone take up an average of 23% of a business’ time when it comes to peak seasons. This is time that could be better used dealing with the sales and marketing end of your business.

Instead of holding your own inventory and dealing with the overhead for this requirement, simply using a literature fulfilment company will help to alleviate the troubles associated with inventory and your company no longer has to deal with any of these problems. The product your customers purchase can be handled through a fulfilment company’s automatic online service or you can place the order on their behalf. This allows your customers faster delivery times because most literature fulfilment businesses will offer 24 hour turnaround service and shipping. Your business not only gets less work due to using this business, but also gains a reputation for fast delivery and great products.

Many fulfilment companies will offer monthly or annual packages for your literature fulfilment needs. When deciding on your literature fulfilment company, ask about a dedicated account manager for your business and what systems will be used for your fulfilment.

Getting a bank loan to finance a residential property purchase makes sense because you get to own a home early on in life and do not have to pay rent that escalates every year A look at the various options available

South Delhi epitomizes class and traditional chaos in equal measure

It's not always possible to buy a house with the money you have saved up. Home loans are the best options you have