NRIs have certain difficulties on investing on the Indian market. This is restrictions imposed by the Indian regulators to protect the Indian market from illegal money to be used in the stock market. One good thing is NRIs need not get any approval from the regulators to invest in India unlike foreign institutional investors who [...]
February 16, 2013
6 Ways to reduce motor insurance premium
In India, motor insurance is compulsory for all the vehicles except bi-cycle . Insurance premium for this vehicle would increase when the value of the vehicle increases. Most of the owners feels that buying insurance is waste of money, the important factor in the motor insurance is the third party coverage which is protecting you [...]
February 9, 2013
SJR Primecorp Parkway Homes
SJR Parkway Homes is the latest project launched by SJR Primecorp which is one of the leading real estate company in India. This project is currently launched as the pre-launch project and the initial bookings are offered with the discounts. If you are looking for more details, please call to the contact details provided with [...]
February 9, 2013
PF interest rates likely to get 8.5% for the the fiscal 2012-13
The Employees Provident Fund Organisation (EPFO) is proposing 8.5% interest rates for the current fiscal year 2012-13 to the central government. Over 50 million subscribers are part of the EPFO group and EPF is considered as one of the important retirement savings scheme for Indian population. In the previous fiscal 2011-12 the interest rates offered [...]
February 8, 2013
How to view 26AS statement through bank website?
In my previous article I have explained about the 26AS statement and how to view the statement. if you have a bank account with netbanking facility, then it is not required for you to register separately to view the tax credit statements. The bank itself provides an extra link where you can view the details [...]
February 7, 2013
What is 26AS statement?
26AS statement is provided by the income tax department to all the tax payers as the proof of tax credit statement. If you have paid advance tax, TDS, tax deducted by your employer, etc. all the above tax payments by you should be reflected in the 26AS statement. In the simple words, the statement reflects [...]
February 6, 2013
Fixed Deposit Interest Rates Update (Feb / 2013)
This article summarizes the latest fixed deposit rates offered by the banks. The list provides only the five banks for each category. Fixed deposit is one of the ever green investment option for most of the investors. It is most safest investment compared to other equity related investments. If you are not ready to take [...]
February 5, 2013
Credit card usage may affect your loan eligibility
When I was discussing with one my friend, he proudly says that he uses credit card for every thing and pay the due before the due date, which makes him the most trusted customer for his bank. Here the important point is that, he even feels that it would improve his chance of getting more [...]
February 4, 2013
RBI recommends banks to issue less number of cheque books for free
RBI is the central bank in India which has the utmost responsibility of making the Indian banking system more strong and modern with the latest technological trend. One of the technological advancement is the electronic payments of amount which is more convenient for the customers and it eliminates the unnecessary paper work and human intervention. [...]
February 3, 2013
NRI can inherit agricultural land, but can’t buy
As per the current foreign exchange regulations rules in India, a NRI can purchase, gift or inheritance of the immovable property if it is residential or commercial. But, the property can not be agricultural land, farm land or plantation property if the transaction is of purchase or gift. This restriction however will not stop a [...]
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February 23, 2013
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