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  • Sukanya Samriddhi Account to Earn 9.2% Interest: 10 Facts

    Sukanya Samriddhi Account to Earn 9.2% Interest: 10 Facts

    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).

  • PPF Rates Unchanged, But Sukanya Samriddhi Scheme to Earn More

    PPF Rates Unchanged, But Sukanya Samriddhi Scheme to Earn More

    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.

  • PPF Account Offers Loan Facility: 10 Things to Know

    PPF Account Offers Loan Facility: 10 Things to Know

    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.

  • E-Payment Card vs Credit Card: Which One to Pick for Pocket Money?

    E-Payment Card vs Credit Card: Which One to Pick for Pocket Money?

    Pocket money through e-payment cards takes off the stress of handling and tracking cash while passing on the required benefits.

  • How to Get Tax Gains from Your Losses in Shares

    How to Get Tax Gains from Your Losses in Shares

    Tax laws allow setting off of losses in against gains in the same category, based on different criteria.

  • Applying for a Home Loan? Few Charges You Should Know

    Applying for a Home Loan? Few Charges You Should Know

    A processing fee is one of the most obvious charges applicable for all loan borrowers. The applicable processing fee varies from bank to bank.

  • Cash No Longer King, E-Shoppers Prefer Card Payment: Survey

    Cash No Longer King, E-Shoppers Prefer Card Payment: Survey

    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.

  • Designated Bank Branches to Remain Open on March 30, 31: RBI

    Designated Bank Branches to Remain Open on March 30, 31: RBI

    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.

  • Now, TDS to Be Deducted on Recurring Deposits

    Now, TDS to Be Deducted on Recurring Deposits

    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.

  • Tax Refunds Worth Crores Lying Unclaimed: Report

    Tax Refunds Worth Crores Lying Unclaimed: Report

    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."

  • Why Taxpayers May Not Have to Send Paper Acknowledgement

    Why Taxpayers May Not Have to Send Paper Acknowledgement

    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.

  • Why Repaying Your Education Loan is Important

    Why Repaying Your Education Loan is Important

    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.

  • Sebi for Pension Money in Markets as Jaitley Takes Stock

    Sebi for Pension Money in Markets as Jaitley Takes Stock

    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.

  • Black Money Law: Foreign Property to be Taxed at Current Price, Says Report

    Black Money Law: Foreign Property to be Taxed at Current Price, Says Report

    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.

  • Taxman to Closely Scrutinise Foreign Assets Held by Indians: Report

    Taxman to Closely Scrutinise Foreign Assets Held by Indians: Report

    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.

  • Warren Buffett's Success: What You Can Learn From it

    Warren Buffett's Success: What You Can Learn From it

    Mr Buffett's success is attributed by some to his sharp business acumen and understanding of businesses while others call it luck.

  • In Latest Attempt to Lure Home Buyers, Builder Offers 'Swine Flu Free Homes'

    To Lure Home Buyers, Builders Come Up With Extreme Offers

    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.

  • Retirement Fund Body's Online PF Withdrawal Facility to Take Time: Report

    Retirement Fund Body's Online PF Withdrawal Facility to Take Time: Report

    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".

  • Sukanya Scheme: 1.8 Lakh Accounts Opened in 2 Months

    Sukanya Scheme: 1.8 Lakh Accounts Opened in 2 Months

    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.

  • Know Your Credit Card Better: Ten Most-Used Terms Explained

    Know Your Credit Card Better: Ten Most-Used Terms Explained

    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.

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