April 01, 2015 16:26 (IST)
The Sukanya Samriddhi scheme will earn a higher interest rate of 9.2 per cent interest (yearly compounded) in the fiscal year 2015-16 (April to March).
March 31, 2015 22:59 (IST)
Investments in 'Sukanya Samriddhi Account', the special deposit scheme for the girl child, will earn a higher interest rate of 9.2 per cent, while the rate on popular tax saving Public Provident Fund or PPF has been retained at 8.7 per cent for financial year 2015-16.
March 30, 2015 17:18 (IST)
Public provident fund (PPF) is among the most popular investment options for long-term savings. Deposits made under PPF also qualify for tax benefits. PPF subscribers can also avail loan benefits against their deposits.
March 30, 2015 11:38 (IST)
Pocket money through e-payment cards takes off the stress of handling and tracking cash while passing on the required benefits.
March 29, 2015 13:38 (IST)
Tax laws allow setting off of losses in against gains in the same category, based on different criteria.
March 28, 2015 14:14 (IST)
A processing fee is one of the most obvious charges applicable for all loan borrowers. The applicable processing fee varies from bank to bank.
March 27, 2015 21:49 (IST)
A majority of Indians who make online purchases prefer making payments through credit or debit cards rather than cash-on-delivery or online banking modes, says a survey by financial services firm Visa.
March 27, 2015 21:49 (IST)
With a view to providing greater convenience to taxpayers, it has been decided that all designated branches of agency banks and Reserve Bank of India (RBI) offices conducting government business will keep their counters open for full day on March 30.
March 27, 2015 10:38 (IST)
If interest earned on recurring deposits exceeds Rs 10,000 a year, TDS at the rate of 10 per cent would be deducted by the bank.
March 25, 2015 20:51 (IST)
The officer said the CPC, through its field offices and other communication channels, is trying to gather correct details of the legitimate recipients of these refunds which are estimated to hold "lakhs of rupees, if not crores."
March 24, 2015 20:51 (IST)
The IT department, through its policy making body Central Board of Direct Taxes (CBDT), has decided to completely do away with the "cumbersome" procedure undertaken currently by a taxpayer to send his ITR-V (Verification) form to the department's Central Processing Centre (CPC) based here through post.
March 23, 2015 13:36 (IST)
Like any other loan, it is vital to know that an education loan is a credit facility provided to help one pursue his/her higher education.
March 22, 2015 19:48 (IST)
To deepen capital markets, the Securities and Exchange Board of India (Sebi) on Sunday pitched for allowing investment of pension money into various securities instruments and to create an enabling environment for REITs or Real Estate investment Trusts to flourish, as Finance Minister Arun Jaitley reviewed the state of capital markets in the country.
March 22, 2015 13:34 (IST)
Indians having undisclosed property abroad will have to pay tax and penalty on the basis of the current market value of the asset, and not at the purchase price, as per the new black money bill.
March 22, 2015 13:14 (IST)
The Income Tax department will carry out closer scrutiny of those tax statements wherein an assessee has disclosed that he or she holds bank accounts or any other assets abroad before the current financial year ends on March 31.
March 20, 2015 17:54 (IST)
Mr Buffett's success is attributed by some to his sharp business acumen and understanding of businesses while others call it luck.
Written By: Varun Sinha | March 17, 2015 14:00 (IST)
Home sales in India have been under pressure for the last many quarters forcing real estate developers to come up with innovative measures to sell apartments. Gurgaon-based ILD is promising home loans at just 4.99 per cent, a 50 per cent discount to prevailing interest rates to prospective home buyers.
March 15, 2015 16:58 (IST)
Over 5 crore members of the Employees' Provident Fund Organisation (EPFO) will have to wait for a few months to be able to use the online PF withdrawal facility as the retirement fund body wants the system to be "fool proof".
March 15, 2015 11:03 (IST)
As many as 1.80 lakh accounts have been opened under the 'Sukanya Samridhi' scheme in less than two months of launch of the special programme for the girl child, with the maximum number of accounts in Karnataka and the least in Bihar.
March 14, 2015 19:56 (IST)
If you are new to using credit cards or have been using one without knowing what a bunch of things mean on the credit card statement, let's begin by making things a little simpler for you.