This article aims at discussing 2 easy and simple ways of adding a good amount of money to your packet each month even if you don't get a raise. I have seen that most of us are not well aware of how we can use various the components of a CTC to our advantage and hence are paying higher tax. Higher tax obviously means lower take home pay.

So, the idea is to lower the tax as much as you can and increase the money at your disposal. [More]

LTA is the short form for Leave Travel Allowance. It generally forms forms part of your CTC and can be used to claim tax rebates if you like to travel. Although it is good that salaried person is exempted from paying tax on the amount he spends on travel expenses of his family, he can only do so twice in a block of 4 years. [More]

You see an advertisement in newspaper about an apartment that the developer is selling at INR 2500 per square feet. The apartment's total advertised are is 1200 square feet. You immediately calculate the cost as 1200 * 2500 = 30 lakhs.

Wow, 30 lakhs is what you were looking for and is very well in your budget. You want to call the developer and book the flat as soon as possible.

But wait, this is NOT the actual cost of the apartment. There are many other un-advertised costs which are hidden and are added over and above the advertised price. And yes, do NOT make the mistake of underestimating these costs and they normally make upto 20% of the advertised cost. [More]

India is a great country. It is the seventh-largest country by geographical area, the second-most populous country with over 1.18 billion people, and the most populous democracy in the world!!
I was just going through some Facebook intrinsics and collected data Facebook users based in India. [More]