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Buy second home within two years of first’s sale

DNMUM402032 | 12/1/2017 | Author : Harsh Roongta | WC :744

Personal Finance

I am 58 years old working in private sector, and will be retiring shortly. Kindly advise what will be the best mode of investment for provident fund (PF), gratuity, etc., which is Rs 75 to 80 lakh approximately, in order to get income of about Rs 35,000 to 40,000 per month regularly. The risk involved should be least and with guaranteed income. Secondly, I own a flat in Navi Mumbai, and wish to sell this flat as I plan to settle in Bengaluru, Karnataka. The flat’s cost may be in the range of Rs 75-80 lakh, whereas my flat in Navi Mumbai may fetch me approximately Rs 1.4 crore. What are the tax implications? I also own a plot at another location in Karnataka, so, would it be possible to avail the tax benefits if I construct a house on
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Concor to boost Make in India with tech, logistics support
DNMUM403194 | 12/15/2017 12:00:00 AM | Author : Sumit Moitra | WC :445

Kolkata: How about being able to track in real time exactly where a specific container is lying in any part of the country, all this while sitting in your corner office?
State-owned logistics major Container Corporation of India (Concor) is plann
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Mighty Mini
DNMUM403176 | 12/15/2017 12:00:00 AM | Author : Jay Patil | WC :735

John Cooper is quite the legend when it comes to automotive racing folklore. His company built cars for Formula 1 and rallying and has many victories to boast off. In the late fifties, he saw great racing potential in Alec Issigonis’ small car, the M
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Easy Rider
DNMUM403177 | 12/15/2017 12:00:00 AM | Author : Ruman Devmane | WC :423

The flashy machine you see here is called the Pravega and it’s an all-new bike from an all-new Indian manufacturer called Avantura Choppers. A chopper in the truest sense of the term, visually, it takes you right back to , the iconic 1969 film that w
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Open-top fun from Audi
DNMUM403178 | 12/15/2017 12:00:00 AM | Author : Jay Patil | WC :400

Open-top motoring isn’t exactly a rage in India. Blame it on the weather or lack of the convertible body style’s practicality. And enjoying wind-in-your-hair motoring usually means you have to head out of the city. However, the new A5 Cabriolet looks
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