How Union Budget 2016-17 Will Impact You

Finance Minister Arun Jaitley has announced his third Union Budget. A lot of announcements were made but it didn’t come with a lot of bells and whistles. The budget 2016-17 did not announce any major relief for individuals, but it did announce a lot of positive things. If you are wondering how the budget 2016 is going to impact your pocket, …

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Union Budget 2016: Highlights & Expert Analysis

The Union budget 2016-17 has been presented in the Parliament today, on February 29, 2016. With the budget already been announced by Finance Minister Arun Jaitley, you all must be wondering, what the budget 2016-17 has brought with it and how it is going to impact you.  With a lot of expectations riding on Mr. Arun Jaitley, let’s find out what Indian Budget 2016-17 brings with …

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Highlights Of Railway Budget 2016-17

Railway Minister, Mr. Suresh Prabhu, has finally announced the full fledged Railway Budget 2016-17 in the Parliament today. What is different in this year’s budget is that for the first time in the history, Railway invited suggestions from the public. Needless to say, it would have received countless suggestions and expectations. But has our government accepted any suggestions? Is our railway …

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What Is CIBIL: All You Need To Know About CIBIL

While applying for a credit card or loan, the first thing that is checked is your CIBIL score/credit score. People who apply for a loan are required to have a good credit score. Though, most of you may have come across the term CIBIL, there are very few who know what exactly CIBIL is. If you are one of those and are applying for …

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NRIs Can Purchase House In India, NCDRC

National Consumer Disputes Redressal Commission (NCDRC), presided by Justice J M Malik, has said that NRIs can purchase house in India. The decision from NCDRC comes while directing a firm named Supertech Ltd, to pay around Rs. 64 lakh to an NRI, to whom it denied possession of a flat in Greater Noida in Uttar Pradesh. Supertech Ltd is now asked to pay Rs. …

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How To Get Your Passport In A Week With Just Four Documents

Planning to visit abroad and don’t have a passport yet? Don’t worry! The ministry of external affairs has made it very simple for Indian citizens to obtain a passport. External affairs minister Sushma Swaraj has announced two major changes to fast track the process of obtaining fresh passport under the normal category and to secure an appointment at the local passport seva kendra …

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Delhi Government Launches DVAT BILL App To Make Citizens ‘VAT Inspectors’

In an attempt to boost tax collection and bring transparency, Deputy Chief Minister Manish Siodia has launched DVAT BILL app. As per Sisodia, by using this app, citizens can become ‘VAT inspectors’. The software has been developed by Trade and Taxes department of Delhi government. “Today, technology gives power to any citizen to be as powerful as MLAs, minister or bureaucrat. We are …

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9-Point Checklist To Keep In Mind Before Buying House In India

Settling down means a lot of things to a lot people like getting married, getting financially secured or having a stable job. But to most of us settling down is synonymous to buying a house. But before you make the investment to get your own abode, there are several important things to consider first. This post will help you understand …

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11 Transactions For Which PAN Card Is Mandatory Starting January 2016

Are you going to buy jewelry? Or do you have to pay your hotel bills exceeding Rs. 50,000? If yes, then make sure you are carrying your PAN card. Finance Ministry has made it mandatory to furnish Permanent Account Number (PAN) or PAN card mandatory while making cash transactions over Rs. 50,000. This attempt has been made to curb the …

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Who Can Use ITR 2A, Who Cannot Use ITR 2A? All About Income Tax Return 2A Form

Finance Ministry of India has introduced a set of new Income Tax Return forms including ITR 2A for taxpayers to file their returns for current assessment year 2015-16. Previously, salaried people were supposed to fill the ITR-2 form which is considered as complicated. In order to ease that complexity of filling the form, this new ITR-2A form has been released. The …

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Delhi Budget 2015-16: ‘Swaraj Budget’ Highlights

Aam Aadmi Party government, led by Arvind Kejriwal has announced Delhi Budget 2015-16 today. Deputy Chief Minister of Delhi, Manish Sisodia presented AAP government’s first budget termed as Swaraj Budget in Delhi Assembly. This budget is for the remaining nine months of the financial year 2015-16. While announcing the budget, he also told that they have taken into account, the expectations of people people in Delhi. While …

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One Rank One Pension Scheme For Ex-Servicemen: All You Need To Know

One Rank One Pension (OROP). Does this phrase seem known to you? OROP is a very common phrase which must have heard lately on news channels. This demand of One Rank One Pension is not new. Indian armed forces personnel have been demanding this scheme for quite a long time. This term simple means that the retired Indian military personnel of the same rank and …

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Budget 2015: How New Service Tax @14% Will Impact Your Pocket

While Union Budget 2015 is said to be a bold budget, it came with mixed announcements, some of which are positive for the pockets while some are not. Finance Minister Arun Jaitley also announced increase in Service Tax from 12.36% to 14%. Increasing expenditure of consumers, the new Service Tax @14% on services has taken effect from June 1, 2015. Though …

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Indian Budget 2015: Expectations, Highlights & Expert Analysis

The full-fledged Union Budget 2015 has been announced  by Finance Minister Arun Jaitley today, on February 28th, 2015. With the Rail Budget 2015-16 bringing no significant sops for the poor, all eyes were on Arun Jaitley today right from when he flashed the briefcase before entering the Parliament in the traditional way. What needs to be seen is whether the finance minister has been able to …

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Highlights Of Railway Budget 2015-16

Modi government has been under a lot of pressure to deliver the promises which helped  it to come to power, also the expectations of rail passengers were very high from the Government. Expectations were that there would be an increase in the Budget, but now what needs to be seen is that whether there has been a fair hike? And …

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