Procedure to apply for an IPO via ASBA: Whenever a company is raising money through an Initial Public Offer(IPO), three categories of investors bid for it namely Retail Individual Investors (RIIs), Qualified Institutional Bidders (QIBs) and Non-Institutional Investors (NIIs)/ High Networth Individuals (HNIs). So, if you are a retail investor and want to invest in an IPO, you […]
Here is how to apply for an IPO through ASBA Read More »
Fixed Deposits vs Debt Funds: Which one to choose between the two? Bank Fixed Deposits in India are considered to be one of the safest instruments for investment. After all, they promise you a fixed rate of return along with the safety of your capital. Not many people know that they could lose their FD money in the
Fixed Deposits vs Debt Funds: Which is a better investment option? Read More »
Here is a comparison between NPS and Mutual Funds: The New Pension Scheme (NPS), a defined-contribution scheme initially launched for the government employees, was extended to all the citizens of India by the end of 2009. It is an ambitious annuity plan aimed at building a vast corpus to provide regular income to you, post-retirement.
NPS vs. Mutual Funds: A Retirement Planning Perspective Read More »
Here is how you can e-Verify your Income Tax Returns (ITR): Did you know that Verifying your ITR is as important as filing your return? Please be noted that your ITR will not be valid until it is verified. As per the conventional process, you can verify the return either using Digitally Signed Certificate (DSC) or by
A Step-by-Step guide to e-Verify your Income Tax Returns (ITR) Read More »
All about Income Tax Refund process: Mr. Raj Malhotra, an IT Professional files his Income Tax Return every year on time. He filed his ITR through paper mode for the Assessment year 2015-16, and the Income Tax amount which he paid was higher than the amount computed by the Income Tax Department. As a result, he
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Here is how you can handle a notice for Non-Filing of Income Tax Return: Mr. Rakesh Mourya is a regular Income Tax payer who files his Income Tax Return every year on time. For the financial year 2013-14, he skipped filing the IT Return as he changed his job and also his gross income did
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Here is all about a new initiative by RBI to restrain illegitimate money collection schemes: It was as recent as December 2015, when one of the Ponzi schemes came into limelight. It was with the arrest of the chief of Sai Prasad Group of Companies, he was arrested for collecting up to Rs. 2000 crores from around 20 lakhs
Sachet: A new initiative by RBI to curb illegal money collection schemes Read More »
Here is how you can smartly choose a Credit Card that suits your requirement: These days, Credit cards are one of the most popular and convenient ways of making payments. On one hand they offer great ease & convenience, on the other hand, if not used prudently, can lead you to a debt trap. In this article, I will discuss on how
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A guide to understand your CIBIL Credit Information Report: Mr. Lokesh Kamath, an IT professional, is prompt in paying his dues & has never defaulted on any of his repayments. Lokesh applied for a credit card and to his surprise, his application was rejected citing a bad credit score; Lokesh was in a state of shock,
Here is how to read your CIBIL Credit Information Report Read More »
All you need to know about Central KYC Registry: Mr. Ramesh recently opened a Mutual Fund account, now he decided to invest in Direct equity & wanted to open a Dmat account, when he contacted his Broker, he was asked to submit the KYC documents. He was wondering why he has to submit the KYC documents again as he had already submitted the
Central KYC Registry: The new KYC norms should make your life easy Read More »
