



Guide to calculate tax on capital gains from stocks, mutual funds
Many people make capital gains from stock and mutual fund investments. An individual who has sold shares or mutual fund units in the previous financial year must mention the gains, if any, in the return. Here's a quick guide:



Recent rulings in personal finance sector to affect you
An RBI panel has suggested the setting up of a centralised bills payment system in order to enable consumers to pay all kinds of bills at one place irrespective of the services they are availing and vendors.Reserve Bank of India ends penalty for dormant accounts
Savings accounts and current accounts are treated as dormant if there are no transactions for over two years.Lack of insurance cover could hit company fixed deposits
The Companies Act 2013, which became effective from April 1 2014, makes it mandatory for companies to buy insurance cover for fixed deposits in the absence of which they will have to pay penalty.

