What is REPO Rate?
REPO rate is the rate of interest at which the central bank of India, i.e. Reserve Bank of India (RBI), lends money to the commercial banks. In case of a financial crisis, the commercial banks can …
GST on under-Construction Residential Houses to be 5% & 1% on Affordable Housing.
India on Sunday announced a cut in the goods & services tax charged on sales of residential properties under construction, according to television news channels.
The Goods …
Preclosure Charges of Home Loans.
Preclosing a home loan simply means paying off your home loan way before the term of the mortgage is done. This can be done for various reasons such as refinancing, saving on interest, etc. Sometimes …