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FAQ’s – Demontisation – Official Version

Thanks RBI for FAQ’s about Demontisation, Hope this will clear the air. Source : https://www.rbi.org.in/Scripts/FAQView.aspx?Id=119 Why…

Demontization – India is changing

Demontization – India is changing

Demonetization is the act of stripping a currency unit of its status as legal tender.…

Sukanya Samridhi Yojna – A Quick Snapshot

Sukanya Samridhi Yojna – A Quick Snapshot

                  Quick Points : Depositor– For this…

NEFT/RTGS System

Dear All Wanted to highlights few details of NEFT/RTGS systems, most of us using these…

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Personal Finance

FAQ’s – Demontisation – Official Version

Thanks RBI for FAQ’s about Demontisation, Hope this will clear the air. Source : https://www.rbi.org.in/Scripts/FAQView.aspx?Id=119 Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used…

Demontization – India is changing

Demonetization is the act of stripping a currency unit of its status as legal tender. On the evening of 8th Nov, India decides to demonetized its widely accepted 500/- and 1000/- notes (86% of total Value) and then show begins. It created 2 different views in India 1) Some people criticized this decision , still…

Demontization – India is changing

FAQ’s – Demontisation – Official Version

Thanks RBI for FAQ’s about Demontisation, Hope this will clear the air. Source : https://www.rbi.org.in/Scripts/FAQView.aspx?Id=119 Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used…

e-banking – Save Cost

Why is Net banking cheaper? Facilities like online and mobile banking drastically cut down the cost of providing a service. This saving is passed on to customers who are willing to go beyond the traditional banking channels. ” A bank branch has to employ people, incur cost for stationery, in setting up the office, paperwork eats…

Claim Settlement Ratio —-India

All – Please check out latest report from IRDA (Govt Regulatory Body) IRDA Report Interesting…You must visit  it before taking any insurance plan from various companies…   Regards Finance_Doctor…

Tax

ELSS as Tax Saving Instrument Good or Bad ??

Dear All Well last quarter of our (Indian) FY..Most of us must be  worried about Tax Savings . In last budget govt has also increased 80C limit to 1,50,000. So If you are working employee, a piece of it will be covered…

Income tax Brackets by Naina Ruhail :Guest Post

Income tax Brackets by Naina Ruhail :Guest Post

While calculating the income tax liability every year, the first and most important aspect which…

Personal Income TAX Stats in INDIA — Budget 2013 Debate

Do you know how many Indians pay Taxes and how much? You would be surprised…

Second house: Should you go for it or not as per Income Tax Rules in INDIA.

Sanjeev Arora, a marketing executive with an CAR company, took a Rs 10 lakh loan…

Saving

NPS Rocks Again……………

Government’s flagship retirement scheme, New Pension Scheme (NPS) has delivered double-digit return for the financial…

Be Careful before investing

Dear All – Some basic things which you need to take care. • Do not…

What is Mutual Fund : Simplifying It

What is Mutual Fund : Simplifying It

Lots of discussions about Buy this Mutual Fund, Buy that one….What exactly Mutual Fund Is…

e-banking – Save Cost

Why is Net banking cheaper? Facilities like online and mobile banking drastically cut down the cost of providing a service. This saving is passed on to customers who are willing to go beyond the traditional banking channels. ” A bank branch…