Foreign Bank Deposits Likely To Come Under Wealth Tax: Budget 2012
On 21st February, The Finance Ministry, decided to include foreign bank deposits under taxable assets in wealth tax, in the
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Banks Cut Interest Rates on Education and Home Loans
The country’s largest lender, State Bank of India (SBI) has decided to cut interest rates on education loans by up
Read moreDebit Cards Used in Different Countries
Debit cards find usage in numerous financial transactions – be it purchasing goods or paying utility bills. The convenience of
Read moreWhite Label ATMs Soon In India: RBI
The Reserve Bank of India (RBI) on Tuesday 14th February, issued draft norms for permitting non-banking institutions to set up,
Read moreEPFO May Fix Minimum Guaranteed Pension at Rs.1000
Retirement Fund body EPFO (Employment Provident Fund Organization) is likely to fix the minimum pension at Rs.1,000 per month for
Read moreUniform 6% Road Tax on Vehicles Soon Across India
The Government recently suggested that the states should levy uniform 6 percent one-time road tax on sales price of cars,
Read moreHome Loans May Get Tax Exemption on Interest Paid up to Rs.3 Lakh
With rise in property prices and interest rates, the government is considering raising the tax exemption limit on interest paid
Read moreBonds are Among Most Dangerous Assets: Warren Buffett
Here is a piece of advice from one of the world’s wealthiest person. Warren Buffett, the billionaire chairman and CEO
Read moreSBI to Offer Car Loans Only For People Earning 2.5 Lakh per Year
The State Bank of India (SBI) announced that it would offer car loans for those who earn at least Rs.2.5
Read morePaperless Insurance Likely To Come In a Year: IRDA
The Insurance Regulatory and Development Authority (IRDA) on 10th February 2012, proposed to initiate insurance transactions to be paperless, the
Read moreIncome Tax Exemption Limit May Finalize To Rs.3 Lakh per Year: IT
On Friday 10th February, the Parliamentary Standing Committee on Finance has recommended for hiking the exemption slab for personal income
Read moreThird Party ATM Networks for Banks Soon
The Reserve Bank of India (RBI) has finally agreed to banks’ demand to allow companies (third party) to setup ATM
Read moreRBI Cautions Public Against Fake Emails, Calls
The Reserve Bank of India (RBI) in a statement said that many household investors have fallen prey to the frauds
Read moreTax Exemption Limit May Increase To Rs 2 Lakh In Budget 2012
Taxpayer cheer! Good news! The government is likely to increase income tax exemption limit to Rs.2 lakh from Rs.1.8 lakh
Read moreTrends in Rupee Value – 2011
In this article, we would like to present you the trends in the value of rupee against dollar in the
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