401(k) Rules explained - Tax, Withdrawals, Loans, Rollovers, limits

What is 401(k) retirement savings plan ?401(k) is a retirement savings plan for a working individual in United States of America. 401(k) plans are sponsored by your employer. In this post you will find out a quick overview of the rules and regulations and the most important things you need to know about 401(k) investments.401(k) investment options Money contributed to 401(k) plans is invested in various mutual funds investing in Stocks, Bonds or...

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Maruti Suzuki A-star review - Price, Mileage details

Maruti Suzuki A-Star reviewThis article is my own short review of Maruti-Suzuki A-star. This review contains details of A-star price, A-star features, A-star mileage and other factors that you need to consider if you are planning to buy a car. Perhaps before even beginning with the features I should start with Maruti Suzuki A-star price A-star comes in 3 variants. Lxi, Vxi, Zxi where Lxi being the base model and Zxi the top end model.A-star Lxi...

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India Income Tax Slabs - Direct Tax Code 2011-2012

New Direct Tax Code in 2011-2012, IndiaGovernment of India has proposed a new Direct Tax code or Direct Taxes Code to replace the old Indian Income Tax Act of 1961. This Direct Tax code is an attempt to simply the tax-life of an individual. The way it works is that the income tax slabs are increased, however several deductions (e.g. deduction on housing loan) and tax-breaks are taken away. A detailed post will be written about Direct Tax Code. Below...

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Income Tax Slabs 2010/2011 - Tax rates 10-11

Income Tax Rates 2010-2011 Below you will find Indian Income Tax slabs decleared in Budget 2010, for the financial year 2010-2011. These ITslabs have been increased slightly (i.e. the tax rate has been reduced) as compared to the IT slabs for 10-11. Below you will find a detailed table of Income Tax slabs for men, women, and senior citizen. These tax rates are applicable for the financial year 2010-2011, i.e. effective from 1st April 2010 to 31st...

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