We are receiving queries regarding New Form 15G/15H, its benefits and procedure of filling & submission of Forms. Here we are sharing the complete details Form 15G/15H are Self-Declaration Forms required for […]
Highlights: Union Budget 2013-14
With the backdrop of UPA Government’s mool mantra ‘Higher growth leading to inclusive and sustainable development’, Mr. P Chindambaram has presented the budget drawing picture of three faces that represent the vast […]
Market Today:28.2.13
The 50-share Nifty index slipped below the level of 5700 to hit its fresh 3-month low as the Finance Minister P Chidambaram budget proposals like higher taxes on corporates and individuals weighed […]
Market Today:27.2.13
Sensex rallies as Survey says worst for economy is over. BSE 19152.41 +137.27 NSE 5796.90 +35.55 Gold 29883.00 -209.00 USD/INR 53.86 – 0.25 Indian stock markets last year gave the second […]
Cheque Truncation System
This is in continuation to my previous post regarding RBI notifications on CTS (Cheque Truncation System) 2010 Standards on cheque stationery. I wish to inform you that as per the circular dated […]
Cheque only in new format will be honoured from January 1
You may not be able to use your old cheques from next year with the implementation of the new Cheque Truncation System (CTS-2010), which will eliminate physical movement of cheques for clearing. […]
Pl do not deal with unknown persons
2 ‘insurance agents’ held for cheating TOI : 02/07/2012 Two persons were arrested for allegedly cheating people by posing as executives of an insurance company. Praveen Kumar and Hukam Chand were held […]
Gold loans face rising frauds
Frauds are proving to be a headache for gold loan companies which are grappling with the problem of borrowers pledging spurious and even stolen metal to meet their funding requirements. With a […]
Investment limit in Infra bonds to be increased?
The government is considering more than doubling the investment limit in infrastructure bonds eligible for tax rebates as part of a strategy to provide a funding boost to a vital sector while […]
IDFC Infra Bonds
Overview What are infrastructure bonds? To channelize long term retail flows into the Infrastructure sector, the Government of India had introduced Section 80CCF under the Income Tax Act, 1961 (‘the Act’). This […]
