Budget 2012: Govt. Announces Rajiv Gandhi Equity Savings Scheme
In order to increase retail participation in capital markets, Finance Minister recently introduced a tax exemption scheme for new investors
Read moreFinancial Planning
Different Types of Life Insurance Policies Available in India
Life insurance is one of the fastest growing financial service sector in India. Currently, there are 24 life insurance companies
Read moreRailway Budget 2012: Hikes in Passenger Fares Across All Classes
The Railways Minister on Wednesday 14th March announced a marginal hike in passenger fares across all classes ranging from 2
Read moreBudget 2012: Banks Likely to get Education Guarantee Fund from Govt
With the Union Budget all set to hit soon on March 16th, lenders mainly the public sector banks hope that
Read moreWhy the Poor, Not the Rich Need Insurance?
Most middle-class people think that insurance is not meant for them. They assume insurance as an unnecessary spending by which
Read moreBanks are Competing on Higher Rates on Short Term Deposits
Good news for all bank customers! Banks are competing to tap short-term deposits demand by offering higher rates of interest.
Read moreBanks May Find Informers to Track Defaulters
For many years, informers are helping law enforcement agencies, tax authorities etc. Today, banks are also looking at them for
Read moreNRE Deposits Hit 10-Year High On Rising Rates
Recently, RBI issued guidelines to deregulate interest rates on NRE (Non Resident Rupee) deposits, which made banks to raise their
Read moreRBI Asks Banks to Use Credit Information for Corporates
The Reserve Bank of India (RBI) on Wednesday 7th March, recommended banks to use credit bureaux information not only for
Read moreBudget 2012: Tax All Except 35 Services, States Ask Centre
The states have finalized 35 services that should be included in the negative list service tax regime; means the services
Read moreInsurance Companies Lost Rs. 30k Crore to Frauds in 2011
Indian insurance companies have collectively lost over Rs.30k crore in 2011 due to various frauds that took place in general
Read moreSBH Offers Higher Interest Rate on Deposits to Women Customers
State Bank of Hyderabad on Thursday 8th March, on the event of International Women’s Day, decided to offer higher rate
Read moreGovt. Sponsored Pension, Life Insurance For Overseas Indian Workers
With a view to benefiting overseas Indian workers, particularly those who are in Gulf countries, the government on Saturday 7th
Read moreAvoid Money Mistakes Your Parents Committed
As kids and teens, many of us have seen our parents struggling to manage money properly. Not everybody’s parents are
Read morePersonal Finance is Neither Fun Nor Easy – But Provides Benefits
Many of us want to lead a financially sensible life and save some money for future financial needs. But many
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