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The government has announced a hike in the prices of auto fuels like petrol prices by Rs 2.67 per litre and diesel prices by Rs 2.58 per litre with effect from tonight. emailprint

India’s second largest private sector bank HDFC Bank has increased the fixed deposit rates by 150 points. Earlier I have posted about the CRR Ratio hike by the Reserver Bank of India(RBI). As I have explained in the post. CRR hike will reduce the liquidity of the banks and will tighten the money lending to [...]

This article explains about the new mutual fund scheme announced my Birla Sun Life Mutual Fund. The name of the new fund scheme is Birla Sun Life Capital Protection Oriented Fund – Series 1. It is close ended 27 month period investment options. The highlight of this investment is, those who want to invest on [...]

Introduction In this article I will be writing about the IT returns filing and why it is important to file the IT returns on correct time without fail. I have been receiving lot of questions related to the IT returns from our readers. This article will answer those questions and subsequently I will write another [...]

This budget may bring the smiles in people who are looking to invest their money bank deposits and save the tax. Most likely this budget may amend the existing restrictions on tax saving fixed deposits. Nowadays most people prefer the mutual funds as the tax savings instrument because of their 3 years lock-in period. Tax [...]

The current interest rates for the Employee Provident Fund(EPF) is at 8.5% p.a. This rate has been maintained since 2005-06. As we know that, every year the rate is reviewed and if possible it will be revised. But, the current rate is maintained for the past six years in a row. It is expected to [...]

Introduction In my previous article I have explained about What is PayPal?. It covers only the basic idea about the paypal system and doesn’t explain how you can start using the service. In this article I will be explaining about creating the new account with paypal and how to withdraw money to your bank account. [...]

Introduction In this article I will be explaining about the one of the popular online payment website PayPal. If you have not hear about the service, please read this article. If you are already familiar with the product, this article will not be useful for you. It is good to learn about the various online [...]

Mutual Funds industry has promising future in India. It is known that investments on Mutual Funds are less rick compare to the direct investment on the stock market. Also it offers the  good returns compare to the other fixed investments like Fixed Deposit, PPF, etc. But, the SEBI’s concern is that most of the people [...]

As we know, the timeliness for the next fiscal budget is nearing. It is very crucial for India to balance the budget with all the class people. It is already there is huge deficit in India and it is most widely expected that the new budget will not deliver any good news for the common [...]