Personal Finance Archives - Page 2 of 7

Credit Linked Interest Subsidy scheme for tax paying Middle Classes

March 23, 2017 TaxIndiaUpdates In0 comments3535 views

Credit Linked Interest Subsidy scheme for tax paying Middle Classes made effective from January 1 this year Those sanctioned house loans and applied for since January 1steligible for interest subsidy of up to Rs.2.35 lakh each Aspirational unmarried earning adults of a family made eligible … Continue Reading →

Personal Finance

Trade Mark Rules 2017

March 7, 2017 TaxIndiaUpdates In0 comments4209 views

The Trade Mark Rules 2017 have been notified and have come into effect from 06th March, 2017. These Rules, which replace the erstwhile Trade Mark Rules 2002, will streamline and simplify the processing of Trade Mark applications. Some salient features of the revamped Rules are … Continue Reading →

Personal Finance

Sovereign Gold Bond Scheme 2017

February 24, 2017February 25, 2017 TaxIndiaUpdates In0 comments4798 views

Sovereign Gold Bond Scheme 2016 -17 – Series IV – Issue Price In terms of Government of India notification F. No. 4(16)-W&M/2016 and RBI circular IDMD. CDD. No. 2187/ 14. 04. 050/ 2016-17 dated February 23, 2017, the Sovereign Gold Bond Scheme 2016-17, Series IV … Continue Reading →

Personal Finance

RBI Release FQAs on Foreign Investments in India and FEMA

February 16, 2017 TaxIndiaUpdates In0 comments4402 views

RBI Release FQAs on Foreign Investments in India & FEMA: These FAQs attempt to put in place the common queries that users have on the subject in an easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the … Continue Reading →

Personal Finance

FAQs on Benefits of Debit Card Activation & Further Concession on Digital Transactions

February 16, 2017February 16, 2017 TaxIndiaUpdates In1 comments2195 views

In line with the Central Government’s objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000/- settled on Immediate Payment Service (IMPS), Unified Payments … Continue Reading →

Personal Finance

Modi Government’s Eyes on Unregulated Deposit Schemes to save Financial Interest of Common Man

February 16, 2017 TaxIndiaUpdates In0 comments3924 views

Public Comments on “Banning of Unregulated Deposit Schemes and Protection of Depositors Interests Bill 2016″ INVITATION FOR COMMENTS A copy of the “Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2015”, along with the Report of the Inter-Ministerial Group (IMG) for … Continue Reading →

Personal Finance

Senior Citizens Welfare Fund Rules 2016

February 16, 2017 TaxIndiaUpdates In0 comments4838 views

Government of India Ministry of Finance Department of Economic Affairs New Delhi, the 18th March,2016 NOTIFICATION G.S.R (E) In exercise of the powers conferred by section 128 of the Finance Act, 2015, 20 of 2015 the Government hereby makes the following rules, namely:- Short … Continue Reading →

Personal Finance

New Regulations for Recruitment of LIC Agents in respect of Life Insurance Business

February 10, 2017 TaxIndiaUpdates In1 comments10157 views

New Regulations for Recruitment of LIC Agents in respect of Life Insurance Business LIFE INSURANCE CORPORATION OF INDIA (AGENTS) REGULATIONS, 2017 , DATED 2-2-2017] In exercise of the powers conferred under section 49 of the Life Insurance Corporation Act, 1956 (31 of 1956), the Life … Continue Reading →

Personal Finance

Intellectual Property Right (IPR): Meaning, Related Laws and Valuation

January 28, 2017February 3, 2017 TaxIndiaUpdates In2 comments12319 views

Intellectual Property Right (IPR): Meaning, Related Laws and Valuation What is Intellectual Property Right (IPR)? intellectual property means creations of the intellect for which a monopoly is assigned to designated owners by law. Intellectual property (IP) refers to creations of the intellect for which a … Continue Reading →

Personal Finance

Rate of Interest on Small Saving Schemes w.e.f. 01-10-2016

September 29, 2016September 30, 2016 TaxIndiaUpdates In0 comments8762 views

Rate of Interest on Small Saving Schemes w.e.f. 01-10-2016 From the year 2012-13, the interest rates on various Small Savings Schemes (SSS) are recalculated and notified in the month of March every year. These rates are applicable for the next financial year. This is being … Continue Reading →