Curious about the budget 2012 2013? Want to know what changes have been brought about in this budget? Want to know the changes in income tax slab rates, and how they impact you? Here is your complete resource about the Budget 2012 2013. Note: This is an evolving article - as more details … [Read more...]
Expectations from the Budget FY 2012 – 2013
March 15, 2012 by ·
We have all been discussing the budget and desperately waiting for it. It has been the talk of the town for now. Especially after the UP elections, the UPA budget is what everybody right from the common man to the top-notch investors are concerned about. Some background With the … [Read more...]
Buying a home becomes more difficult – Now you get lesser amount as home loan
February 14, 2012 by ·
If you are a middle class, salaried individual, buying a house or flat of your own has become really difficult. The main reasons are the high property prices, and the high interest rates for home loans. But now, there is another factor that is going to make home purchase even more difficult for … [Read more...]
New Internet Scam in the name of Income Tax (IT) Refund and How you can stay safe
December 2, 2011 by ·
The internet has a lot of con men trying to rob you of your money through scams - whether it is someone wanting to transfer money from eastern Europe or some widow of a war lord in Africa asking for your help. Now, a new scam has emerged that is targeting Indians specifically - it is also in the … [Read more...]
Positive Changes For Small Saving Schemes and Public Provident Fund (PPF) – What It Means For You
November 14, 2011 by ·
The Government had recently announced many small changes that should bring cheer to you! This includes changes in Post Office Savings Accounts, Post Office Monthly Income Scheme (PO MIS), and Public Provident Fund (PPF). Following are the details and their implications for … [Read more...]
Interest rates on Savings Accounts deregulated – What does it mean for you?
October 31, 2011 by ·
On 25 Oct 2011, the Reserve Bank of India (RBI) made an announcement that it has deregulated the interest rates for savings accounts in banks. The History So far, the interest rate earned by the money in your savings account was fixed and regulated by RBI - it has been 4% per … [Read more...]
RBI relaxes bank account and foreign exchange rules for NRIs & PIOs
September 21, 2011 by ·
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...]
NSE Introduces S&P and Dow Jones Derivatives – Should You Invest?
August 27, 2011 by ·
The National Stock Exchange (NSE) would be launching derivatives based on S&P and Dow Jones indices from 29 Aug, 2011. … [Read more...]
Your Provident Fund (PF) account balance now available online
July 13, 2011 by ·
Your PF account details including the latest account balance can now be checked online. Read on for more details. … [Read more...]
Are Mutual Fund (MF) entry loads coming back?
June 27, 2011 by ·
Sometime back, the Securities and Exchange Board of India (SEBI) abolished entry loads for mutual funds. But now, there have been indications that agent commissions might be coming back. Read on. … [Read more...]
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