Income Tax Saving 5 year Fixed Deposit. - Consider these 5 Major Points

Income Tax Saving Fixed Deposit..! (1) Individuals and HUFs are eligible to open a income tax saving fixed deposit account and claim tax deduction up to Rs. 1.5 lakh in a financial year (2015-16 and 2016-17) for the amount invested. (2)  Such deposits are only available for f…

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Mutual Fund Investments- E-KYC

Mutual Fund Investments-  E-KYC Know Your Customer (KYC) compliance is a prerequisite for investments in mutual funds. Investors are required to fulfill KYC requirements with a KRA (KYC registration agency) once and this is applicable to all investments across funds. KYC fo…

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Quote by Mr. Arijit Basu, MD & CEO, SBI Life Insurance, on Budget 2016 announcements:

Quote by Mr.  Arijit Basu, MD & CEO, SBI Life Insurance, on Budget 2016 announcements: “The Government’s endeavour to educate the common man on the importance of having life security related products like Life Insurance, Health Insurance has continued in this year’s budg…

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Which is the Cheapest Emergency Loan?

by Mr. Rajiv Raj, Creditvidya.com Which is the Cheapest Emergency Loan? A top-up loan could come to your rescue in an emergency.  Here's why... B efore we touch the subject that how a top-up loan could offer you a life line in times of distress let is understand what is a t…

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Union Budget 2016-17 Highlights.

Union Budget 2016 Highlights. 1. Rs. 35984 crores allotted for agriculture sector. 2. Rs. 17000 crores for irrigation projects. 3. Two new Organic farming scheme for 5 lakh acres. 4. Rs. 19000 crores for Gram Sadak Yojana 5. Rs. 9 Lakh Crores Agriculture Credit Target. 6. Rs. 385…

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The 2016-17 Budget and Your Income Taxes - FundsIndia.com

The 2016-17  Budget and Your Income Taxes By Ms. Bhavana Acharya, FundsIndia.com The Budget 2016-17 , apart from tinkering with taxation rules on retirement products, has not made any changes to tax slabs or / rates. But, for some individuals, there are small changes that can …

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Union Budget 2016-17 will help in reviving Export Sector – A. Sakthivel, Regional Chairman, FIEO Southern Region

Union Budget will help in reviving Export Sector – Dr. A. Sakthivel, Regional Chairman, FIEO Southern Region While  welcoming the broad thrust of  Budget which realizes the issues faced by the exporters in the global markets Dr. A. Sakthivel, FIEO Regional Chairman said that…

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Post Budget 2016-17 Comments of Ashwani Kumar, IBA Chairman & Dena Bank CMD

Post Budget 2016-17 Comments of  Ashwani Kumar, IBA Chairman & Dena Bank CMD The budget is well balanced since it gives impetus to long term growth and lays a credible road map of fiscal consolidation. It adheres to fiscal deficit target of 3.5% of GDP and has come out o…

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The budget 2016-17 quote of Mr. Parthasarathi Mukherjee, MD & CEO, Lakshmi Vilas Bank.

The budget 2016-17 quote of Mr. Parthasarathi Mukherjee, MD & CEO, Lakshmi Vilas Bank. “View the budget as quite practical and shorn of fancy bells and whistles. The challenge for the government will lie in keeping to the fiscal targets.” Profile : Mr. Parthasarathi Mukhe…

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Post Budget 2016-17 Comments of Mr. Shyam Srinivasan, MD & CEO, Federal Bank

Post Budget Comments of Mr. Shyam Srinivasan, MD & CEO, Federal Bank This is a progressive and forwarding looking budget that focuses on a range of areas that has a direct influence on the health of the economy. The nine pillar approach that sets the priority areas for t…

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