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RBI relaxes bank account and foreign exchange rules for NRIs & PIOs

The Reserve Bank of India has announced some changes to foreign exchange and bank account norms for Non Resident Indians (NRIs).This has resulted in further liberalization of the Foreign Exchange Management Act (FEMA).Following are the changes.  Holding joint account with resident … [Read more...]

Control your spending: Consider the “number of hours you have to work for it” before buying an item

While reading about saving and frugality, I recently came across a concept that I found really interesting and worth exploring further. You might see more articles about it in the future, but let's first understand the concept in detail. … [Read more...]

What should you do with Gold price above Rs. 25,000 – Buy, hold or sell?

 The price rise of gold is not showing any signs of stopping - it swept past the Rs. 25,000 (per 10 grams) mark some time back, and is about Rs. 28,000 per 10 grams at the time of writing!The questions is: What should you do now? Should you buy gold, hold what you already have, or sell … [Read more...]

JagoInvestor presents “Action Month”

 My friend and fellow blogger Manish Chauhan is celebrating a 30-day long "Action Month" at his blog JagoInvestor.com.   Features of the action monthDedicated to 100% pure action Absolutely no selling of any product - focus is on pure action by you A panel of … [Read more...]

NSE Introduces S&P and Dow Jones Derivatives – Should You Invest?

 The National Stock Exchange (NSE) would be launching derivatives based on S&P and Dow Jones indices from 29 Aug, 2011. … [Read more...]

Presenting The New And Improved RaagVamdatt.com

 I am happy to present to you the new and improved RaagVamdatt.com!    Changes In The Website's Appearance Regular visitors would have obviously noticed the drastic change in the look and feel of the website - that's something that is hard to NOT notice!But … [Read more...]

Interest rates are increasing – Should you open fixed deposits now to lock into higher rates?

The interest rates cycle has almost peaked. Is it the right time to lock into the high interest rates by opening fixed deposits (FDs) for a long term? … [Read more...]

15 Income Tax resources to help you prepare & file your income tax return (ITR)

Here are the top 15 income tax related articles from RaagVamdatt.com that would prove to be very useful while you prepare and file your income tax returns. … [Read more...]

Download Latest Income Tax Return (ITR) Forms for FY 2010-11 AY 2011-12

Here are the links to the latest ITR forms needed for this years income tax return filing (FY 2010-11, AY 2011-12) … [Read more...]

Income Tax Return (ITR) filing is round the corner – Get a 20% discount now!

Get a 20% discount on preparation and filing of your Income Tax Return (ITR) online through TaxMunshi.com. ITR preparation & filing starts at just199. No upfront payment - you pay only when you actually file the return! Read on for details about hoe to get the discount. … [Read more...]