Personal Finance Archives - Page 6 of 7

FCRA services are made online and human interface has been reduced to minimum

December 16, 2015December 17, 2015 TaxIndiaUpdates In0 comments4936 views

Now all services being offered under FCRA, 2010 are become online to reducing human interface to minimum. All kinds of application forms can be filled online, documents can be uploaded online and even payment of fee etc. can be made online. All types of … Continue Reading →

Income Tax

Fraudulent Income Tax Refund E-mail from Fake Income Tax Web Sites

December 7, 2015December 7, 2015 TaxIndiaUpdates In0 comments9143 views

. These days income tax assessee’s face various Fraudulent Income Tax Refund E-mail from Fake Income Tax Web Sites. These emails are appear to have been sent from Income Tax Department, but were actually online traps to dupe unsuspecting victims. The Correct Procedure of … Continue Reading →

Personal Finance

Govt Liberalised FDI in 15 Major Sectors of the Economy : A Diwali Gift To Economy

November 10, 2015November 10, 2015 TaxIndiaUpdates In0 comments5421 views

Today on 10-11-2015 Indian Finance Minister Sh.Arun Jaitly has given a bonaza to Indian Economy on the occasion of Diwali through Reforms and liberalisation in Foreign Direct Investment policies in 15 major Sectors of the Indian Economy. The refining of foreign direct investments in key … Continue Reading →

Personal Finance

National Pension System NPS is now also available to NRI

October 30, 2015October 31, 2015 TaxIndiaUpdates In0 comments5032 views

Reserve Bank of India vide RBI/2015-16/216 A.P. (DIR Series) Circular No. 24 dated 29-10-2015 has clarified that with a view to enabling NRIs’ access to old age income security, National Pension System (NPS) as an investment option for NRIs under FEMA, 1999 is available for them. Accordingly, … Continue Reading →

Personal Finance

Sovereign Gold Bonds will be available in market from 26th November 2015

October 30, 2015October 31, 2015 TaxIndiaUpdates In0 comments3272 views

Minitry of Finance has anounced vide its press release dated 30-10-2015 that Sovereign Gold Bonds are expected to come in market w.e.f. 26th November, 2015. The Bonds will be sold through authorised banks and designated post offices. Government of India, in consultation with Reserve Bank … Continue Reading →

Personal Finance

Public Provident Fund India

September 27, 2015February 1, 2017 TaxIndiaUpdates In0 comments6248 views

Public Provident Fund India The PPF is most popular income tax saving scheme after LIP in India. PPF offers an investment with assured returns combined with income tax benefits. The PPF scheme is governed by the Public Provident Fund Scheme 1968 and the Public Provident … Continue Reading →

Personal Finance

Sovereign Gold Bonds Scheme issued by MOF

September 17, 2015September 19, 2015 TaxIndiaUpdates In0 comments4842 views

Sovereign Gold Bonds Scheme guidelines has been issued by Ministry of Finance, Govt of India on 15-09-2015. The scheme will help in reducing the demand for physical gold by shifting a part of the estimated 300 tons of physical bars and coins purchased every … Continue Reading →

Personal Finance

Gold Monetization Schemes issued by MOF

September 17, 2015September 19, 2015 TaxIndiaUpdates In0 comments5229 views

Gold Monetization Schemes (GMS), guidelines has been issued by Ministry of Finance, Govt of India on 15-09-2015. The objective of introducing the modifications in the schemes is to make the existing schemes more effective and to broaden the ambit of the existing schemes from merely … Continue Reading →

Personal Finance

Sukanya Samriddhi Account

September 13, 2015September 25, 2015 TaxIndiaUpdates In0 comments7145 views

To promote the welfare of Girl Child ‘ Sukanya Samriddhi Yojana ‘ was launched by Indian Prime Minister Sh. Narendra Modi on 22-01-2015 in “Beti Bachao, Beti Padhao” campaign vide Government of India Notification No. G.S.R.863(E) dated December 02, 2014. This is another successful … Continue Reading →

Personal Finance

Mudra Bank India : A New Platform to Boost Small Entrepreneurs

September 11, 2015September 19, 2015 TaxIndiaUpdates In0 comments6958 views

The ‘MUDRA Bank’ is another milestone initiative by Hon’ble Prime Minister Sh. Narendra Modi set up under the Pradhan Mantri MUDRA Yojana scheme. It will provide its services to small entrepreneurs outside the service area of regular banks, by using last mile agents. MUDRA which … Continue Reading →