How To Avoid TDS On Interest Income From Your Savings Or Investments?

You might be investing in many funds or saving your money so that you can save your tax, in India, government has approved many funds or saving accounts on which we get interest on our investments and those interest are tax free and then your taxable income become less and you will pay less tax. You may invest in PPF, …

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Zero Balance Saving Account For All SBI Customers

State bank of India (SBI), has offered zero balance saving bank account to its customers. No it is not a new saving account scheme launched by SBI, rather SBI has removed the minimum balance condition from its saving bank accounts. Which means now customers can keep any amount in there saving bank account at SBI ranging from zero to n …

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Difference Between Private Equity And Hedge Funds

Everyone wants to invest his money in some kinds of funds or equity, motive of investing varies from person to person like some wanna hedge the inflation, some wanna invest, some wants growth and so on. There are lots of funds in which one can invest as per his needs and preference. But while investing you might come across with …

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Fluctuations In Commodity Market Due To Delayed Monsoons

Delay in the monsoons has started creating the fluctuations in the commodity market. Everyone is praying for the monsoons to arrive soon to manage the production at the forecasted and required levels. Any further delay will heavily result in the drop in the outputs. Already the market have shown that with the slight delay, dropping production and increasing demands, the …

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Home Loan From Parents Or Relatives Vs. Home Loan From Banks

Co-Borrower Loan

Many times we need to buy a home but we don’t have enough money to pay the full amount of the housing property by your own. So to bridge the gap one can take a loan, by taking loan you can pay the loan amount over the years in small installments. This way it wont affect you so much as …

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Impact of Rupee Fall On Your Stock Market Investments

You might be an individual, an organization or the government, the impact of rupee fall had effected us all. As always everyone has someone or the other to blame regarding the losses in their portfolio. In recent few months, rupee has recorded some new falls. You can hear various reasons like inappropriate growth path, corrupted politicians, some recent scams, changing …

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Education Loans In India : Procedure, Requirements And Benefits Of Education Loan

Higher education is becoming one of the important requirements these days. The major factors that are considered by most of the students going for higher education are as follows: Average placement package of the institution Rank of the institution Fees and its structure charged by the institution With the raising level of fees, Education Loans In India have become an …

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Tax On Gold : Government Announced Tax Relief On Gold Jewellery Purchase

The announcement made by Finance Minister Pranab Mukherjee on Monday provide a relief to the jewellery sector. As per the recent announcement made by the government of India, the implementation of the general anti-avoidance rules (GAAR) has been postponed by one year. Government has decided to remove the excise duty of 1% imposed on all precious metal jewellery w.e.f. March 17, 2012. Along this the …

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EPF Nomination : Who Is Your Nominee For EPF Scheme?

Employee provident fund (EPF), it is a saving scheme for private sector employees. To build this fund, employer deducts a fraction of employees salary (12% of basic salary) every month and contributes the equal amount to invest under EPF scheme. This is something which I guess every private sector employee who contributes under EPF must know. So lets move on …

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Check Or Update Your PAN Address In PAN Database

PAN number is a key number for all the financial transaction related to income tax in India. The issuing authority i.e income tax department maintains a database to keep the personal details of every tax payer which are required to transact like name, address, phone number, email id etc. It is important for every tax payer to keep a check …

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Airtel 4G LTE : Launched Its 4G Mobile Service In Kolkata & Banglore

Bharti Airtel has launched its fourth generation (4G) mobile services first in Kolkata and now in Bangalore with the name Airtel 4G LTE. Airtel 4G LTE is a wireless internet service which offers upto 100mbps of downloading and 40mbps for uploading speed to its users. This fastest wireless internet service intends to change the experience of using wireless internet by …

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Non Convertible Debentures (NCD) : Points To Remember Before Investing

Earlier we explained “What are Non Convertible Debentures (NCD)?”. Understanding the basics of NCD is important for investors who wants to invest into it. As we discussed, NCDs are like bank fixed deposits where investors invest there money and get a fixed rate of interest on their investment. The high rate of interest on these fixed deposit instrument over equity …

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EPF Interest Rate 2012-13 : Rate Of Interest On EPF Has Been Raised To 8.5%

EPF Interest Rate 2012-13 : The interest rate on Employee Provident Fund (EPF) scheme will be increased to 8.5% for the current financial year i.e for 2012-13. This change in interest rate in EPF from 8.25% to 8.5% will benefit around 5 to 6 crore people across the country. The Central Government revises rate of interest on EPF scheme every year …

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