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29-03-2024

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One Cent is Equal to How Many Square Feet?

If you are in the real estate or construction industry, you have likely come across the term "cent" when discussing land measurements. But what exactly is a cent, and how does it relate to square feet? This guide will explore the conversion from cent to square feet and provide you with all the information you need to make accurate measurements. [B-01] What is a Cent? A cent is a unit of measurement used in India to measure land. It equals 1/100th of an acre, which is approximately 435.6 square feet. This unit of measurement is commonly used in South Indian states like Kerala, Tamil Nadu, and Karnataka. Why is it Important to Convert Cent to Square Feet? While cent is a commonly used unit of measurement in India, many other countries use square feet as their standard unit for land measurement. This can lead to confusion and difficulty when comparing land sizes or making accurate measurements. Converting cent to square feet allows for easier communication and understanding between parties. How to Convert Cent to Square Feet? Converting cent to square feet is a simple process that involves basic multiplication. The formula for converting cent to square feet is: 1 cent = 435.6 square feet To convert a specific number of cent to square feet, multiply the number by 435.6. For example, if you want to convert 3.75 cent to square feet, the calculation would be: 3.75 x 435.6 = 1635.9 square feet Therefore, 3.75 cent is equal to 1635.9 square feet. Converting 1 Cent to Square Feet As mentioned earlier, 1 cent is equal to 435.6 square feet. This conversion is essential to remember as it is the basis for all other conversions from cent to square feet. It is also a commonly used conversion, as many land transactions involve 1 cent of land. Factors to Consider When Converting Cent to Square Feet While the conversion from cent to square feet is a simple calculation, a few factors must be considered to ensure accuracy. Land Shape and Size The land's shape and size can affect the conversion's accuracy. For example, the conversion may not be as precise if the land is irregularly shaped. In this case, it is best to consult a professional surveyor for accurate measurements. Unit of Measurement It is essential to ensure that both parties use the same measurement unit when converting cent to square feet. In some cases, cent may be referred to as "cents" or "cents of land", which can lead to confusion. Clarify the unit of measurement before making any conversions. Rounding When converting from cent to square feet, it is important to consider rounding. In most cases, the conversion will result in a decimal number. Depending on the level of accuracy required, you may need to round the number to the nearest whole number or decimal place. Real-World Examples of Converting Cent to Square Feet Let us look at some real-world examples of converting cent to square feet. Residential Land Suppose you are looking to purchase a residential plot of land in Kerala, India. The land is measured in cents, and the seller has listed the size as 5 cents. To determine the size of the land in square feet, you would use the following calculation: 5 x 435.6 = 2178 square feet Therefore, the residential plot of land is 2178 square feet. Commercial Land In Tamil Nadu, a commercial property is listed as 1.5 cents. To convert this to square feet, you would use the following calculation: 1.5 x 435.6 = 653.4 square feet Therefore, the commercial property is 653.4 square feet. Tools for Converting Cent to Square Feet There are several online tools available to help you convert cent to square feet quickly and accurately. These tools allow you to input the number of cent and automatically calculate the conversion to square feet. Online Calculators Online calculators are another valuable tool for converting cent to square feet. These calculators are available for free on various websites and allow you to input the number of cent and automatically calculate the conversion. Conclusion Converting cent to square feet is a simple process that involves basic multiplication. It is a crucial conversion to know for anyone working in the real estate or construction industry in India or applying for Loan against property. By understanding the conversion and considering factors such as land shape and size, unit of measurement, and rounding, you can make accurate measurements and avoid confusion. With the help of online tools and calculators, converting cents to square feet has never been easier.

22-02-2024

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Understanding the Conversion: Bigha to Square Feet

Various units are used worldwide for land measurement. In India, one of the commonly used units is the bigha. However, it can be confusing for those unfamiliar with this unit to understand its conversion to other units, such as square feet. In this article, we will break down the conversion of bigha to square feet and provide a better understanding of this measurement. What is a Bigha? A bigha is a traditional unit of measurement used in India, Nepal, and Bangladesh. It is commonly used to measure land, especially in rural areas. The size of a bigha can vary depending on the region, but it is typically around 1/3 of an acre or 14,400 square feet. However, this can vary greatly, with some areas having a bigha as small as 1,500 square feet and others as large as 20,000 square feet. How Many Square Feet in a Bigha? As mentioned earlier, the size of a bigha can vary depending on the region. Therefore, the conversion of bigha to square feet can also vary. However, 1 bigha = 14,400 square feet is the most used conversion. This means that if you have 1 bigha of land, it would be equivalent to 14,400 square feet. How Many Bighas in an Acre? An acre is a unit of measurement commonly used in the United States and other countries. It is equivalent to 43,560 square feet. The conversion can vary depending on the region when converting bigha to acre. In some areas, 1 bigha equals 1/3 of an acre; in others, it can be as much as 1 acre. Therefore, it is essential to know the specific conversion for the region you are in. How to Convert Bigha to Square Feet? To convert bigha to square feet, you can use the following formula: 1 bigha = 14,400 square feet Therefore, to convert x bigha to square feet, you would multiply x by 14,400. For example, if you have 2 bighas of land, the conversion would be: 2 bighas x 14,400 square feet = 28,800 square feet Why is it Important to Understand the Conversion? Understanding the conversion of bigha to square feet is important for various reasons. For those looking to purchase land in India or while applying for a loan against property, it is crucial to know the size of the land in square feet to ensure you get the right amount for your money. Additionally, knowing the conversion can help accurately price the land for those looking to sell their land. Conclusion In conclusion, the conversion of bigha to square feet can vary depending on the region. However, 1 bigha = 14,400 square feet is the most used conversion. It is essential to understand this conversion for various reasons, including purchasing or selling land. Using the formula provided, you can easily convert bigha to square feet and better understand this unit of measurement.

22-02-2024

Tips & Advice

Valentine's Day Gift Ideas for Husband in 2025

Introduction: Valentine's Day is the perfect occasion to express your love and appreciation for your husband. Whether you've been together for years or are celebrating your first Valentine's Day as a married couple, finding the ideal gift can be a delightful way to make the day memorable. From simple yet heartfelt gestures to lavish indulgences, a wide range of options suit every budget and taste. Here, we've curated a selection of Valentine's Day gift ideas for your husband, spanning from affordable tokens of affection to luxurious treats that will make him feel truly cherished. Personalised Gifts: Personalized gifts add a special touch and show that you've considered your present. Consider customizing a stylish leather wallet with his initials, engraving a watch with a meaningful message, or creating a photo book filled with your favourite memories together. Gadgets and Tech: For the tech-savvy husband, gadgets and tech accessories are always a hit. Surprise him with the latest smartphone like iPhone 15, a high-quality Bluetooth speaker, noise-cancelling headphones for his commute, or a smartwatch to help him stay organized and connected. Grooming and Self-Care: Help your husband look and feel his best with grooming and self-care essentials. Treat him to a luxury shaving kit, a subscription to a grooming box service, a set of premium skincare products, or a massage chair for ultimate relaxation at home. Fashion and Style: Upgrade your husband's wardrobe with stylish fashion pieces that reflect his personality and taste. Consider gifting him a classic leather jacket, a cosy cashmere sweater, a pair of designer sunglasses, or a sophisticated watch that complements his style. Romantic Trip: Create lasting memories together with experiential gifts that allow you to spend quality time as a couple. Plan a romantic getaway to his favourite destination, book tickets to a live concert or sporting event he's been wanting to attend or surprise him with a gourmet cooking class or wine-tasting experience. Home and Lifestyle: Enhance your husband's living space with thoughtful home and lifestyle gifts. Consider upgrading his home office with a sleek desk organizer or ergonomic chair, gifting him a set of high-quality cookware for his culinary adventures, or investing in a premium coffee machine for his daily caffeine fix. Luxury Treats: For a truly indulgent Valentine's Day gift, consider splurging on a luxurious treat that your husband will treasure. From designer watches and bespoke suits to luxury cars and once-in-a-lifetime experiences like private yacht charters or helicopter rides, the possibilities are endless. Conclusion: This Valentine's Day, show your husband how much he means to you with a thoughtful and heartfelt gift that reflects his interests, passions, and personality. Whether you opt for a personalized token of affection, a practical gadget, or a luxurious indulgence, celebrating your love and appreciation for each other is the most important thing. And if you need quick funds to purchase that perfect gift, you can always explore options like instant personal loan to make your Valentine's Day celebration even more special. Happy Valentine's Day!

06-02-2024

Tips & Advice

Valentine's Day Gift Ideas for Wife in 2025

Introduction: Valentine's Day is a special occasion to celebrate the love and bond you share with your wife. Finding the perfect gift to express your affection and appreciation can be a delightful challenge. Whether you're searching for something unique and thoughtful or luxurious and extravagant, there are endless options to consider. In this article, we'll explore a variety of Valentine's Day gift ideas for your wife, ranging from one-of-a-kind treasures to lavish indulgences that will make her feel truly cherished. Personalized Jewellery: Surprise your wife with a piece of personalized jewellery that is as unique as she is. Consider a necklace, bracelet, or ring engraved with her initials, a special date, or a meaningful message. Opt for high-quality materials like gold or sterling silver for a timeless and elegant look. Spa Day Experience: Treat your wife to a day of relaxation and pampering with a spa day experience. Book her a luxurious spa package with massages, facials, and other rejuvenating treatments to help her unwind and recharge. Alternatively, create a spa-like atmosphere at home with scented candles, bath salts, and plush robes for a wonderful experience. Customized Portrait: Commission a custom portrait of your wife created by a talented artist. Choose a photo that holds special meaning to both of you, such as your wedding day or a memorable vacation, and watch it transform into a beautiful work of art that she can cherish for years to come. Designer Handbag: Surprise your wife with a designer handbag that will make a statement. Choose a timeless classic from iconic brands like Chanel, Louis Vuitton, or Gucci, or opt for a trendy and fashion-forward design that reflects her personal style. Romantic Getaway: Plan a romantic getaway for just the two of you to escape the hustle and bustle of everyday life and reconnect. Whether it's a cosy cabin in the mountains, a beachfront villa, or a luxury hotel in a vibrant city, create unforgettable memories together in a destination that speaks to your wife's interests and preferences. You can opt for an instant travel loan if you need quick funds to arrange the best vacation. Fine Dining Experience: Treat your wife to a gourmet dining experience at a Michelin-starred restaurant or a cosy candlelit dinner at her favourite eatery. Reserve a private dining room for an intimate and romantic atmosphere and indulge in a decadent multi-course meal paired with fine wines and champagne. Conclusion: This Valentine's Day, make your wife feel truly cherished and adored with a gift that goes above and beyond. Whether you choose a personalized treasure, an unforgettable experience, or a lavish indulgence, the key is to celebrate your relationship and create lasting memories together. Take the time to express your love and appreciation meaningfully and let this Valentine's Day remind you of the special bond you share with your wife. After all, the greatest gift of all is the love and connection you share, and there's no better time to celebrate it than on Valentine's Day.

06-02-2024

Tax

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New Income Tax Slabs – Direct and Indirect Tax after Interim Budget 2024

Introduction In the interim budget for 2024, Finance Minister Shrimati Nirmala Sitharaman has announced that there will be no changes to the income tax slabs for the upcoming financial year, which spans from April 1, 2024, to March 31, 2025. As a result, individuals will continue to calculate their income tax payable using the same slabs as in the current financial year, 2023-24. It's worth noting that under the income tax laws, individuals who do not have any business income are required to choose between the new and old tax regimes each year. This means that an individual can opt for the new tax regime one year and switch back to the old tax regime the following year, depending on their preference and circumstances. Income Tax Slabs in New Regime Here are the income tax slabs applicable for FY 2023-24 (AY 2024-25) under the new tax regime, which will remain unchanged for FY 2024-25 according to the interim Budget 2024 proposals: Income tax slabs (In Rs) Income tax rate (%) Up to 3,00,000 0% 3,00,001-6,00,000 5% (tax rebate u/s 87A is available) 6,00,001-9,00,000 10% 9,00,001-12,00,000 15% 12,00,001-15,00,000 20% Above 15,00,001 30% About New Tax Slabs Here's what salaried individuals can expect in the new tax regime as per the Budget 2023 changes, applicable for FY 2023-24 and FY 2024-25: 1) Reduction of income tax slabs from six to five. 2) Increase in basic exemption limit to Rs 3 lakh from Rs 2.5 lakh, providing an additional Rs 50,000 benefit in the new tax regime. 3) Zero tax payable for incomes not exceeding Rs 7 lakh, thanks to the hike in rebate under Section 87A. 4) Introduction of standard deduction for salaried, pensioners, and family pensioners. 5) The new tax regime becomes the default tax regime. 6) Reduction of surcharge on incomes exceeding Rs 5 crore to 25% from 37%. 7) Provision of marginal tax relief for small taxpayers with incomes surpassing Rs 7 lakh. These changes aim to streamline the tax structure and provide relief to salaried individuals. Income Tax Slabs in Old Regime In the old tax regime, the basic exemption limits vary based on the age of the individual. For individuals below 60 years, the basic exemption limit is Rs 2.5 lakh. Senior citizens, aged above 60 years but below 80 years, enjoy a higher basic exemption limit of Rs 3 lakh, while super senior citizens aged 80 years and above have a basic exemption limit of Rs 5 lakh. Here are the income tax slabs for FY 2023-24 (AY 2024-25) in the old tax regime, applicable for individuals below 60 years of age, senior citizens, and super senior citizens. These income tax slabs will remain applicable for FY 2024-25 (AY 2025-26) as well. Current Tax Slabs for Below 60 Individuals as per Old Regime: Income tax slabs (In Rs) Income tax rate (%) Up to 2,50,000 0% 2,50,001 - 5,00,000 5% 5,00,001-10,00,000 20% Above 10,00,001 30% Old Income Tax Slabs for Senior Citizens as per Old Regime: Income tax slabs (In Rs) Income tax rate (%) Up to 3,00,000 0% 3,00,001 - 5,00,000 5% 5,00,001-10,00,000 20% Above 10,00,001 30% Old Income Tax Slabs for Super Senior Citizens as per Old Regime: Income tax slabs (In Rs) Income tax rate (%) Up to 5,00,000 0% 5,00,001-10,00,000 20% Above 10,00,001 30% Update on Direct Tax: In a significant move aimed at benefiting approximately a crore taxpayer, the Finance Minister proposed the withdrawal of outstanding direct tax demands. Under this proposal, tax demands of up to Rs 25,000 for the period up to the financial year 2009-10 will be withdrawn and demands of up to Rs 10,000 for the financial years 2010-11 to 2014-15 will also be waived. (Internal Research)

02-02-2024

Tips & Advice

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Interim Budget 2024: Capex Target Raised to ₹11.11 Lakh Crore, Fiscal Deficit to Reduce

What is capex? Capex, short for capital expenditure, refers to the funds a company invests in acquiring, maintaining, or improving fixed assets such as property, equipment, infrastructure, or technology. These expenditures are typically made to enhance the capacity or efficiency of the business or to extend its productive life. Capex is considered a long-term investment and is recorded as an asset on the company's balance sheet, rather than being expensed immediately like operational expenditures. 2024 Budget Update on capex In a bid to invigorate India's economic growth, Finance Minister Shrimat Nirmala Sitharaman unveiled the Interim Union Budget for 2024-25 in Parliament today, revealing an 11.1% surge in capital expenditure. The allocation now stands at ₹11,11,111 crore, equivalent to 3.4% of the GDP. This strategic move aligns with the government's overarching goal of propelling economic advancement and fostering employment opportunities. It also builds upon the remarkable achievement of tripling capital expenditure over the past four years, showcasing a steadfast commitment to sustainable progress and development. Fiscal Deficit after Budget 2024 Fiscal deficit refers to the variance between government expenditure and income. For FY24, the fiscal deficit has been narrowed to 5.8%, down from the estimated 5.9%. Moving forward, the target for 2024-25 has been set at 5.1%, lower than the revised budgeted figure for 2023-24. The objective is to reach a fiscal deficit target of below 4.5% by 2025-26. IMF Report on Indian Economy The International Monetary Fund (IMF) forecasts India's ascent to the position of the third-largest economy by 2027, marking a substantial contribution to global economic expansion. Supported by optimistic projections from renowned international bodies such as the World Bank, IMF, OECD, and ADB, India's growth trajectory is anticipated to range between 6.1% and 6.7% in the fiscal year 2024-25. These estimations underscore India's increasingly pivotal role in shaping the future landscape of the global economy. Summary In the fiscal year 2024-25, total receipts, excluding borrowings, are estimated at ₹30.80 lakh crore, while total expenditure is projected to be ₹47.66 lakh crore, with tax receipts expected to reach ₹26.02 lakh crore. Budget 2024 sets forth a vision to transform India into a "Viksit Bharat" by 2047, highlighting a comprehensive approach to development across diverse sectors. (Internal Research)

02-02-2024

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Tips & Advice

Budget 2024 Highlights and Updates

In her sixth consecutive budget presentation, Union Finance Minister Shrimati Nirmala Sitharaman unveiled the Interim Budget 2024 amidst the looming Lok Sabha elections. Eschewing populist measures, she maintained status quo on direct and indirect tax rates. With a forward-looking vision spanning the next five years, Hon’ble Finance Minister forecasted unprecedented growth, earmarking a substantial Rs 11.1 lakh crore for capital expenditure in the upcoming fiscal year, marking an 11% surge from the current year. Noteworthy is the government's ambition to trim the fiscal deficit target to 5.1% of GDP in the forthcoming fiscal, with a further target of 4.5% in FY26. Given its interim nature, a more comprehensive fiscal year budget is slated for presentation post the formation of a new government following the Lok Sabha Elections. Here are the key highlights: Direct and indirect tax rates remain unchanged. The government has waived income tax demands up to ₹25,000 (up to 2009-10) and ₹10,000 from 2010-11 to 2014-15, benefiting approximately one crore taxpayers. A new scheme is set to aid middle-class individuals residing in rented accommodations to purchase or construct their own homes. Additionally, tax benefits for start-ups and investments by sovereign wealth or pension funds have been extended for an additional year until March 31, 2025. Capital expenditure sees an 11% increase, now reaching ₹11.11-lakh crore. Meanwhile, the fiscal deficit projection for FY25 stands at 5.1%, lower than the revised estimate of 5.8% in FY24. Government borrowing for the next fiscal year is slated at ₹14.13-lakh crore, a decrease from ₹15.43 lakh crore in FY24. The expected growth rate for nominal GDP in FY25 is 10.5%. Disinvestment from central public sector enterprises (CPSEs) is targeted to reach ₹50,000 crore for FY25, up from ₹30,000 crore in FY24. The gross tax revenue goal for FY25 sees an 11.46% increase to ₹38.31-lakh crore, with direct tax collection targeted at ₹21.99-lakh crore and indirect tax at ₹16.22-lakh crore. The government plans to publish a white paper addressing pre-2014 economic mismanagement. Next-generation reforms will be introduced in collaboration with states and stakeholders. Additionally, a high-powered panel will be established to tackle population growth challenges and demographic changes. In summary, the interim budget serves as a temporary financial blueprint during an election year, catering to immediate fiscal requirements until a new government assumes office. The comprehensive union budget is slated for unveiling post-elections, usually around April-May. As customary, the interim budget tends to avoid major policy pronouncements and significant reforms. (Internal Research)

02-02-2024

Personal Finance

Personal Loan Kya Hota Hai?

Sapne dekhna aur unko sach karne ke liye har sambhav koshish karna aapka adhikaar hai! Sapnon ko sach karne ke liye paison ki zaroorat hoti hai, aur yeh zaroorat poori karne ke liye Personal Loan sabse behtar aur aasaan vikalp hai. Agar aapka CIBIL score achha hai aur aapke niji pehchaan aur income ke documents ke sahi hain, toh aapko Personal Loan mil sakta hai Hua na yeh apne sapne poore karne ka ekdum aasaan aur jhatpat tareeka? [B-01] Yeh Personal Loan kya hota hai? Personal Loan ek unsecured loan hai, jo loandaata aapko bina koi collateral liye deta hai. Iss loan ke liye, loandaata aapse koi bhi cheez security ke taur par nahi maangta hai. Yaani aapko apna ghar, gaadi ya aur koi sampatti loandaata ke paas girvi rakhne ki zaroorat nahi hai. Apne koi bhi zaroori ya emergency kharche ke liye, Personal Loan sabse achha vikalp hai. Khaas taur par, jab aapko medical expenses ke liye ekdum urgently paise chahiyein, toh aap Personal Loan lekar unko fauran poora kar sakte hain. Ab aap jaan gaye honge ki Personal Loan kya hota hai, aur yeh aapke liye kitna zaroori hai. Personal Loan lekar aap inme se kisi bhi khwahish ko turant poora kar sakte hain: Apna mann chaaha bada TV khareedne ke liye Apni family ko videsh yatra par le jaane ke liye Apna ghar mann mutabik decorate karne ke liye Apne bachhon ki higher education ke liye Inke ilava, aur bhi koi sapna jo aap poora karna chaahein, woh aap Personal Loan lekar poora kar sakte hain. Personal Loan application karne se pehle yeh zaroor karein Apna loandaata chunne se pehle, aapko vibhinn loandaataon ke byaj daron aur unke neeyamon aur sharton ko dhyaan se padhna aur samajhna chahiye. Aapko yeh bhi dekhne chahiye ki kaunse loandaata loan ke poorv bhugtaan, yaani pre-payment, aur poorv chuktaan, yaani foreclosure, karne par charge lagate hain aur kitna lagate hain. Sabhi loan daataon ke alag loan processing charges hote hain. Yeh zaroori nahi hai ki jis loandaata ke processing charges sabse kam hain, aapko usise loan lena chahiye, kyunki ho sakta hai ki uss loandaata ke doosre charges aur byaaj dar doosre loandaataon ke mukable zyaada hon. Piramal Finance se aapko aasaan sharton aur kifaaiti byaaj dar par Personal Loan turant mil sakta hai. Yeh loan poori tarah digital hai, matlab aap loan ke liye hamari website par kar apply sakte hain. Aapko sirf apna Aadhaar aur Pan Card number aur apna income proof share karna hoga. Jab aapka loan approve hokar process ho jaayega, toh loan ki rakam turant aapke bank account mein aa jaayegi. Aur yeh sab ghanton mein nahi, minton mein hoga! Toh der kis baat ki? Apne Tatkaal Personal Loan ke liye neeche diye gaye link par abhi apply karein, aur apna sapna sach karne ke liye pehla kadam uthaayein!

24-01-2024