May 18, 2022
Basically, the stock markets transactions income will be taxed within the main ‘Capital gains or ‘Profits and gains of business and profession relying on whether the trades act as of investment or are taken out as trade exercise.
Read MoreMay 08, 2022
LIC IPO on its first day of subscription received a good response. Despite the stock market falling after the Reserve Bank of India (RBI) hiked interest rates, the mega initial public offering (IPO) of Life Insurance Corporation (LIC) had a strong reaction from investors, with 67 per cent of the shares sold out on the first day of bidding on Wednesday.
Read MoreMay 05, 2022
The LIC IPO is scheduled to launch on 4 May 2022 and will be available for subscription till 9 May 2022. Also, the IPO will be open for anchor investors on 2 May 2022. Despite the reduced size, LIC IPO will still be the largest IPO in the history of the IPO in the country.
Read MoreApril 28, 2022
The Life Insurance Corporations (LIC) public issue offer, Indias biggest is finally here. It is set to launch on 4 May 2022. The forthcoming mega IPO will be one of the biggest initial public offerings (IPO) in the history of the Indian Capital Market opening next month.
Read MoreApril 22, 2022
A rental or lease agreement is a legally binding contract. Under the agreement both the owner and the tenant agree to abide by the rental laws and the terms of the agreement. A rent agreement is often drafted by the real estate agent appointed by both the landlord and the renter.
Read MoreApril 21, 2022
In its release dated April 13, 2022, RBI provided the Sovereign Gold Bond (SGB) calendar for premature redemption during April -September 2022. The SGBs or sovereign gold bonds are bonds denominated in 1 gm of gold and the scheme was introduced way back in the year 2015 to encourage financial investments into gold and channelise individuals savings into physical gold to this form.
Read MoreApril 19, 2022
The beginning of a new fiscal year allows us to execute different financial activities, and members of the Employees Provident Fund Organisation (EPFO) have been required to link their PAN with their EPF account in order to fulfill KYC compliance. Non-linking of PAN with PF account can result in a variety of complications, the most notable of which is that one would have to pay higher TDS o
Read MoreApril 16, 2022
Customer satisfaction has reached new heights in Indias banking sector, both in terms of ease and security. Most banks nowadays provide their customers with a variety of digital account management solutions as well as the ability to make cash-related transactions in a secure manner. The countrys largest lender, State Bank of India (SBI),
Read MoreApril 14, 2022
The DigiLocker is a digital platform that is introduced by the Government of Indias Ministry of Electronics and Information Technology (MeitY) under the Digital India Corporation. It is also a part of the Digital India Initiative of the Government of India.
Read MoreApril 08, 2022
One of the best parts of taking out a loan against an FD is that your investment remains intact, and you dont have to withdraw the money early for low returns. Instead, you might use your contributions to secure the needed loan amount. You may simply apply for an overdraft against your FDs using your online banking account, or you can visit your bank office and fill out a paper application.
Read MoreApril 07, 2022
If you are an investor whether stock or mutual fund, you must have frequently compelled to make decisions in your life, where should I invest? Or why should I invest in this fund? what does it offer? When it comes to financial options you no longer have to pick between debt and equity. Through a single fund, you may invest in both debt and equity assets.
Read MoreApril 06, 2022
The PM-KISAN Scheme, which is funded by the Indian government, provides 100% financial support to farmers. All land-owning farmer families receive annual income support of 6,000/- in three equal installments under the plan. However, in order to be eligible for the fund benefit, one must complete the KYC. For PM KISAN registered farmers
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