Plan Your Investment

Even as the world financial markets have seen either the total disappearance or the loss of positions of top banks and financial institutions due to ongoing subprime crisis, it is now time for the Indian state owned banks and financial institutions to scale heights in global markets. State Bank of India, the country’s largest bank [...]

Shri O P Bhatt, has been declared the CNN-IBN Indian of the Year 2007 in the Business category ahead of Vijay Mallya and the Ambanis . After much deliberation, the jury voted for the maverick banker Shri O P Bhatt, at the helm of the State Bank of India since 2006, as the CNN-IBN’s businessman [...]

Until a few years ago, FD rates were quoted in either number of months or years, but ICICI Bank took the initiative to launch specific days FD with launch of 390/ 590/ 890 days FD. With the turmoil in US financial market and its impending effect on India, Indian customers are now more inclined to [...]

In this article I will be writing about the PAN card and its importance of  it. Like in USA they are using Social Security Number(SSN) as the unique identification number for each citizen. In India we don’t have any such mechanism to reduce the problems arise because of frauds. Recent days Indian government is mandating [...]

Along with Form 49A, you need to attach the following documents: (i) Proof of Identity – Copy of any one of the following: a. school leaving certificate b. degree certificate c. depository account d. credit card e. bank account f. water bill g. ration card h. property tax assessment order i. passport j. voter identity [...]

The following factors need to be taken into consideration for the computation of total income: (i) Residential status: This will determine what kinds of income of an assessee are taxable in India. It is important to remember that residential status is different from citizenship, and that it has to be determined separately for every assessment [...]

In the last decade, Indian banking industry saw a huge growth. There are dozens of new private banks has emerged in the sector. In this post I am presenting list of popular nationalized and private banks in India. It is not the complete list but it will be more helpful if you want to find [...]

In this article I am looking into the term fixed deposit. As many people aware of the term and they already investing on the fixed deposit, this blog might be useful for those who are not familiar with the term or just getting into the financial planning for the future savings and investment. I hope [...]