What portion of your salary should you spend on loan EMIs?

Most people buy a house or a car by taking a loan from the bank, but do you know what is the maximum portion of your salary that you should spend on EMI? What is the 40 percent EMI rule? What are the disadvantages of spending more on EMIs? Among home loan, personal loan, auto loan and credit card bills, which loan should you eliminate first?

Congress Leader Rahul Gandhi tested positive for coronavirus on April 20. In a tweet, he said, "After experiencing mild symptoms, I’ve just tested positive for COVID. All those who’ve been in contact with me recently, please follow all safety protocols and stay safe."

New Delhi: Congress leader Rahul Gandhi on March 9 said the country must prepare for a borderless war as the past practice of a 2.5-front war has become obsolete.

“Indian forces are designed to fight a 2.5 front war. This is now obsolete. We must prepare for a borderless war,” he wrote on Twitter.

“It’s not about past practices and legacy systems. It’s about transforming the way we think and act as a nation,” he said.

Gandhi has been accusing the government of ceding territory to China even when Defence Minister Rajnath Singh has clarified in Parliament that not an inch of Indian territory has been lost.

Published: March 9, 2021, 12:04 IST
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