Value for money gadgets, featuring Canon Powershot S200, ZTE Open and more
Value for money gadgets and services. Featuring: Canon Powershot S200, BBM for iOS and Android, Logitech Z600 speakers, ZTE Open smartphone and Dell Inspiron Series 3000 laptop.
Borrowers face the heat as short-term rates under pressure
In its second quarter monetary policy released October 29, the Reserve Bank of India reduced the marginal standing facility, or MSF, rate, at which it lends emergency funds to banks, by an identical margin. This rate cut is putting downward pressure on short-term rates.Recent rulings that can affect your investment
A look at recent rulings which can affect youWithdrawing cash from your mobile wallet or prepaid cash card could soon be a reality
The Reserve Bank of India (RBI) has given its nod to a pilot project to check the technical and operational feasibility of allowing cash pay-outs from prepaid payment instruments such as mobile money of non-banking entities.The Employee Provident Fund Organisation (EPFO) has temporarily discontinued the option it gives for making higher contribution towards the Employee Pension Scheme (EPS) than the prescribed limit as 'the pension fund is running at an overall deficit', according to an EPFO note.
All you need to know about wealth tax
When compared with an individual's income tax obligations, awareness of wealth tax is minimal. Broadly, wealth tax is determined by your nationality, residential status and location of the asset.Indian equities market seems to be on an upturn: Sandesh Kirkire
Kotak Mutual Fund CEO Sandesh Kirkire says improved agriculture output and the onsetting lag of reduced crude oil prices may help bring down inflation in coming months. This should pave way for monetary easing and may provide equities and debt market a sizeable sentiment shift going ahead.
How to handle notices from the income tax department
Have you been served a notice by the income tax department of late? If yes, there is no need to get flustered, say experts. A notice does not necessarily mean you have committed a crime. Even a minor error in tax return can invite a notice from the tax department.
Quarterly trends: Is it the right time to invest in bank stocks?
Stocks of banks, both private and public, have been facing a lot of pressure recently, with public sector banks worse off than the private sector ones. While experts seem to be bullish on the sector over the long run, short-term worries remain.Mindtree among top gainers in past six months with 62 pc returns
Mindtree is among the top gainers in the past six months with return of over 62 per cent.
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