Banks to Issue Multi-City Cheques: RBI
According to RBI’s (Reserve Bank of India) notification, all Core Banking Solutions (CBS) enabled banks are advised to issue ‘payable
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NPS Throws Great Opportunity for Insurance Providers: PFRDA
The pension Fund Regulatory and Authority (PFRDA) concerned that despite the National Pension System (NPS) throwing great opportunity to life
Read moreIRDA Proposes Greater Investment Freedom to Insurance Providers
The insurance regulatory IRDA issued new guidelines to both life and non-life insurance companies to promote participation of insurers in
Read moreFreebies to Doctors Considered as Taxable Income : CBDT
The Central Board of Direct Taxes (CBDT) has noticed that, some pharmaceutical companies are providing free samples of medicines, gifts,
Read moreSeven Smart Ways to Use Your Credit Card Wisely
Credit cards are very popular among people today as they offer flexible payment options. They offer the convenience of not
Read moreE-Filing Not Mandatory for Non-Residents, Private Discretionary Trusts: IT Dept
The Central Board of Direct Taxes (CBDT) issued a press release on Friday 3rd Aug, 2012, stating relaxation from compulsory
Read moreState-Run General Insurers May Raise Motor Insurance Premiums by 40%
The Finance Minister has asked public sector insurance companies to plan new marketing strategies to control motor insurance losses. He
Read moreRBI Leaves Key Rates Unchanged to Control Inflation
The Reserve Bank of India leaves key rates unchanged retaining repo (lending) rate at 8% and CRR at 4.75% despite
Read moreIT-Dept to Help Out Taxpayers for Filing Returns at Door Steps
Good news for taxpayers! In order to help out 3.5 crore tax payers in the country, income tax department had
Read moreKnow Your Credit Score Before Applying for Home Loan: CIBIL
The Credit Information Bureau of India Ltd (CIBIL) urged borrowers to get their credit scores before applying for home loans
Read moreIncome and Service Proofs Not Required for Claiming Insurance
The Tribunal of Thane district says that insurance claim can be granted even if there is no proof of service
Read moreEPFO Launches E-Passbook for PF Subscribers
Good news for Employee Provident Fund (EPF) subscribers! Now, EPF holders can check their monthly balance in PF accounts through
Read moreOver Rs. 2400 Crore Lying Unclaimed and Inoperative in Banks: RBI
The Reserve Bank of India (RBI) in an RTI reply said that, more than Rs.2,400 crores is lying inoperative in
Read moreDue Date to File Your IT Returns for 2012-13 Extended to 31 August 2012
Good news for taxpayers! Due date to file your tax returns is extended to 31st August 2012. According to an
Read moreInsurance Policy Effective as Soon as Payment Made: Consumer Forum
A district consumer forum said that, insurance policy becomes effective as soon as the first premium is paid. This rule
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