Many people are ignorant about the fact that their tax refund status can be easily ascertained online with a few simple and easy steps by entering the PAN number. The ‘Refund Banker Scheme’, which was first introduced by the Income Tax Department in Jan 2007, can be used by tax payers all over the nation… Read More »
Given the volatility of financial markets all over the globe, SIPs have now become the preferred means of investment for the common investor who does not have the adequate risk appetite. Opting for SIP would mean investing regularly over a period of time. The time frames for investment is fixed at time of taking the… Read More »
Life insurance is a commercial contract between the insurance policy proposer and the insurance service provider. However, apart from customized plan of insurance policy and its coverage, there are wide ranges of insurance policies available in market under different flagship brands. Although the aim of all insurance policies are almost the same, which is providing… Read More »
RBI’s decision to slash the SLR rate by 100 basis points to 23 percent has pleasantly surprised many. Banks had witnessed tight liquidity position in last few months, but the current move by RBI would ease the pressure, to some extent. The effect of RBI’s step has been taken immediately by the State Bank of… Read More »
The end of July rush is the expected norm every year, when tax returns need to be filed! Most people wake up to the need of filing income tax returns only around this time! The IT department has over the years introduced many measures, which take advantage of the available technology to make the process… Read More »
The whole nation is obsessed with the rise and fall of the sensex whether or not people are directly or indirectly associated with it. With the increase in economic activity in the nation sensex has become a household term which is keen followed by millions everyday. The exact methodology employed to calculate the figure of… Read More »
The end of July rush is the expected norm every year, when tax returns need to be filed! Most people wake up to the need of filing income tax returns only around this time! The IT department has over the years introduced many measures, which take advantage of the available technology to make the process… Read More »
According to a survey in United Kingdom, more than 50% of people do not save enough for their retirement. The number is worse for Americans and Canadians. 150 million Americans out of 200 million, who are in working age, are not saving enough to fund their needs after retirement. Similarly, 80% of Canadians will not… Read More »
It is essential for women, be it working women or homemakers to keep themselves and their family financially secure. In the olden days, women generally had a habit of keeping savings in the containers in their kitchen, but today that is not going to get our savings anywhere when confronted with ever-growing inflation. It is… Read More »
The deadline for filing income tax returns is 31st of July for years when the financial year ends on 31st March. Despite this deadline being an extremely familiar and well known one, many people still miss it for a variety of reasons. Reasons may be genuine problems or simple procrastination for missing this deadline. In… Read More »