MUMBAI: RBI today asked banks to drop the ‘no-frills’ tag from the basic saving accounts as the nomenclature has become a stigma. It has asked the banks to provide zero balance facility in the basic banking accounts along with ATM-cum-debit cards without any extra charge. “With a view to doing away with the stigma associated […]
Professional firms preferred over PSUs, MNCs for investment A majority of institutional investors in the country prefer professionally-managed companies over PSUs, MNCs and promoter-controlled firms, according to a survey. The survey conducted by industry body CII revealed that professional companies are perceived to generate highest returns for the investors. The professionally-managed companies are those where […]
Buying a home is a crucial milestone in one’s life, representing balance, security, and an experience of accomplishment. As a property owner, you not only obtain a property to call your own, but you furthermore may obtain get right of entry to a wealth of financial perks. Among these perks, the different tax advantages linked […]
Government allows up to 51% FDI in multi-brand retail, 100% in single brand NEW DELHI: In a big move, the government on Friday cleared the proposal to allow up to 51 per cent Foreign Direct Investment (FDI) in multi-brand retail. The government has allowed the FDI on the condition that states will be allowed to […]
Realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Everyone has plans on how they will live their lives to the fullest then. The only ways to maintain the life style you want and allow no wrinkles on your forehead during your non-earning phase or relaxing phase […]
A Comprehensive Guide To Self-Filing Income Tax Return Every taxpayer in India has an important civic duty to file income tax returns. It’s not just about making sure the law is followed, but it also helps people get different financial rewards and keep things transparent. Many people may find the procedure intimidating and take help […]