Finance Portal of India

What is RBI's Integrated Ombudsman Scheme? Know All the Details

December 01, 2021

The RBIs Integrated Ombudsman Scheme was launched by Prime Minister Narendra Modi on November 12, 2021, via virtual meeting. The Scheme went into effect the same day it was announced. The Integrated Ombudsman Scheme attempts to strengthen the grievance resolution procedure for customers who have concerns against firms regulated by the RBI, such as banks, NBFCs, and payment service providers.

What is E-Shram Card? How to Register Online, Benefits, Eligibility- All You Need to Know

December 01, 2021

E-shram is a portal launched by the Ministry of Labour and Employment of India on August 21, 2021, for the welfare of workers in the unorganised sector. Candidates who sign up for e-Shram will be allocated a card with their unique identification number (UAN) similar to the Aadhar number by the Ministry of Labour and Employment. Aspirants can find employment in the future by registering for the CSC

Gold Rates Are Increasing Globally, Should You Invest In Sovereign Gold Bond Rather Than Gold Jewellery?

November 30, 2021

Gold as a precious metal has always been considered auspicious and Indians tend to buy gold jewelleries during the festive season and in the wedding season. December to January is a wedding season in India, hence the demand for gold jewellery increased. Recently the RBI has announced the eighth tranche of the sovereign gold bond (SGB) scheme for 2021-22.

How to Start an Auto Dealership?

November 30, 2021

India is a country with a growing demand for cars and bikes and with growing demand, it becomes important to match the demand and supply for the continuous growth of the sector. The auto sector here means auto manufacturing and the auto dealership in the country. Starting an auto dealership is something people are not aware of as it requires a detailed procedure and a bunch of documents

How To Submit Life Certificate Through A Video Call Before 30th November?

November 28, 2021

To keep receiving a government pension from Pension Disbursing Authorities (PDAs) such as the banks, the post offices, etc., retired personnel above the age of 60 and family pensioners must submit their digital life certificate between November 1 and November 30 annually. This means that the life certificate must be submitted by November 30. On 20th September the Department of Pension and Pensione

How to Become an Amul Distributor and set up an Amul Ice Cream Parlour?

November 28, 2021

Who doesn’t like Ice cream? Everybody loves it! Ice Cream Parlours are getting popularity in some untouched markets like India. Though the country is home to some of the best-known milk products. Surprisingly, India is the worlds biggest milk producer country had no Ice parlor Culture like the west. In the last couple of years, the Ice Cream Parlour outlets received an overwhelming response which

What Is The Difference Between 22 Karats And 24 Karats Gold?

November 27, 2021

Everyone at some stage of life must have bought gold or even thought of buying gold either in the form of jewellery or for investment purposes. The reason could be anything gold means money, investing in gold in any form is a good investment. While visiting the jewellery store the jeweller must have given you two options 22k and 24 k. The k stands for Karate. Karate is a term used to measure the p

Do all Jewellers in India do Hallmark of Gold? Is hallmarking of Gold Important?

November 27, 2021

When being beautiful is all about being gorgeous with stunning gold jewellery it becomes very important to check whether the jewellery you are spending your money is genuine or not? Hallmark is one that thing could help you to identify genuine gold jewellery.

Is Employees Provident Fund (EPF) Taxable? If So, When Is It Taxable?

November 27, 2021

One of the most popular retirement savings plan is the EPF or the Employees Provident Fund. Apart from being popular, today it offers the highest interest rate as well. For the FY 2020-21, the interest rate offered was 8.5%, which is a solid sum under the present interest regime. The question that readers ask is: Is EPF taxable?

How To Register Or Update Mobile Number & Email ID In SBI Savings Account?

November 27, 2021

A valid mobile number and email address registered with your savings account are essential not just to use net banking or mobile banking, but also to fulfil KYC compliance and to experience safe banking activities based on a one-time password (OTP). However, if you are a customer of State Bank of India (SBI) you have been obviously aware that SBI offers Corporate and Retail Internet Banking

What Are ULIPs? How Are ULIPs Taxed In India?

November 27, 2021

The ULIPs have always been an attractive investment option for individuals in the higher income brackets as it gives one of the best tax benefits under the Section 10(10D) of Income Tax Act of India. In addition to this, one can do equity investments in the ULIPs, which is also one of the most popular investment instruments.

Crypto Currency In India: Is It Safe? Has It Been Banned In India?

November 27, 2021

Is crypto currency trading in India banned? How many crypto currency investors are there in India. The article provides a good perspective on cryptocurrency trading in India.

Bitcoin: Interesting And Lesser Known Facts About The Largest Cryptocurrency

November 26, 2021

You may have heard of Bitcoin, the original cryptocurrency, which sparked interest in world-changing technology like Blockchain. Bitcoin has grown in popularity as a result of its technology, transparency, and efficiency.

What Are Real Estate Investment Trusts: How REITs Have Performed In 2021

November 26, 2021

Real Estate Investment Trusts (REITs) are catching up big way in the Indian economy and real estate sector. Regulated by SEBI, REITs are companies that own, operate, or finance income-producing commercial real estate (from the Indian perspective).

Fraudsters Have Unlocked New Ways To Steal From Your Bank Account

November 23, 2021

Scammers are now luring victims to share their confidential banking and personal information using social engineering tactics. They are enticing their targets through a combination of too good to be true offers, promise of help and sometimes through threats.

Few Basic Company And Share Related Terms For Better Understanding

November 21, 2021

Importantly, face value of a share has no relationship with the current stock price. This face value is instead used to calculate the accounting value of a companys stock for the balance sheet of the company.