Budget 2012: Tax Exemption Limits in Long-Term Savings, Children’s Education
The standing committee of parliament on Finance has recommended exemption limit for income-tax at Rs.3 lakh per annum. The Direct
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PAN to Become Potent Tool against Tax Evasion: IT Dept
For the next financial year, PAN (Permanent Account Number) cards are likely to be emerged as the most potent tool
Read moreSBI Motor Insurance Pricing Will Change In FY13
The State Bank of India (SBI) has decided to pioneer profile-based pricing of general motor insurance. This means, the cost
Read moreRs.1,000 Banknotes To Be Issued Non-Sequentially: RBI
The Reserve Bank of India (RBI), will soon issue banknotes of Rs.1000 denomination in non-sequential numbering format. The Central Bank
Read moreRs.5 Coins To Be Issued In Bhagat Singh’s Memory: RBI
The Reserve Bank of India (RBI) will soon issue Rs.5 coin with portrait of Bhagat Singh with a view to
Read moreRs.1000 Notes With ‘R’ And Rs.10 Notes With ‘P’ To be Issued: RBI
The Reserve Bank of India (RBI) will shortly issue currency notes of Rs.1000 denomination with inset letter ‘R’ and Rs.10
Read morePMEAC Advises To Make Mutual Funds, Life Insurance More Attractive
The Economic Advisory Council to the Prime Minister of India (PMEAC), on Thursday 23rd February, recommended government to make life
Read moreComplaints Against Credit Cards On The Rise In FY11: RBI
According to the annual report of the banking ombudsman released by the Reserve Bank of India (RBI) on Friday 24th
Read moreBanks Concern Good Credit Score for Lending Loans
Banks are getting more cautious about lending loans to the customers. It is observed that banks are picking customers in
Read moreBudget 2012: Reduction in Lock-In Period for Bank FDs Soon
The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years
Read moreIRDA Plans to Develop Electronic Re-Insurance Platform
With a view to improving transparency in re-insurance, IRDA on Tuesday 21st February, planned to introduce an electronic re-insurance platform
Read moreAadhaar Enabled E-Payment System Soon In India
On Thursday 23rd February, The Chairman of Unique Identity Authority of India, recommended setting up a network of 1 million
Read moreDirect Equity Investing vs. Investing in Equity Schemes
Many people prefer investing directly into equity markets by buying shares as against giving the money for mutual funds to
Read moreHow to Choose an Equity Mutual Fund Scheme?
After you decide your amount of money to be invested in equities, how do you decide which specific scheme is
Read moreBudget 2012: Reduction in Lock-In Period for Bank FDs Soon
The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years
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