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Review of Year 2012 and Road ahead in 2013
2012 was an eventful year, from big events like the London Summer Olympics and the U.S. presidential race, to regional…
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On Maturity of PPF account
Public Provident Fund is an ideal vehicle for long term investment, an important retirement saving tool for individuals, more so…
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Understanding Public Provident Fund, PPF
Public Provident Fund (PPF) is a long-term, government-backed small savings scheme of the Central Government started with the objective of…
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Capital Loss on Sale of House
Mr. Mehta bought a house worth Rs 10 lakh (10,00,000) in Financial Year 2007-08. He sells the house in Jul…
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Tax on EPF withdrawal
Employee Provident Fund(EPF) scheme was set up to give substantial benefit to the employee at the time of retirement. Under…
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IPOs are back
After remaining dormant for several quarters, the primary market is showing signs of revival. A slew of public issues IPOs…
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Cheque: Clearing Process, CTS 2010
Cheque is like a written instruction to the bank asking it to pay the person’s whose name is written on…
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Joint Bank Account
Joint bank accounts enable the joint account holders to access and manage the account. For example for housewife opting for a…
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Joint Ownership
Joint ownership of financial product means right of ownership is shared by two or more owners, for example Husband and…
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Gangnam Style
Gangnam Style,a pop song by Korean rap star Psy (short for Psycho) has taken the world by storm. What is…
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FAQ on CIBIL CIR Report and Score
Credit Information report and Credit score play a critical part in the loan granting process these days. Based on your credit…
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