5 Government schemes offering better returns than Bank FD
The year 2020 has shown a downward trajectory on the interest rates of the fixed deposits offered by the banks. The Reserve Bank of India has slashed down the repo rate by 5 times this year. A majority of the banks such as HDFC bank, ICICI bank and SBI has also slashed down the rates...
All about New ITR-1 E forms for FY2019-20 AY2020-21
The income tax department of India has released the ITR -1 form for the Financial Year 2019-2020. This ITR-1 Form is available is two format first is in excel and second is in Java format. On 29th of May this form was released by the Income tax department. It allows the individuals to claim deductions...
Crazy reasons for not doing financial planning
We all know that it is important to have a financial plan however in most of the cases it is not done due to some or the other reason. Mostly people keep their money lying in bank accounts or FDs (the easiest way) and then after few years keeps cribbing about other well being. Let...
Atmanirbhar Bharat – Announcements made by Govt in view of Corona crisis
On the outset of Corona crisis, PM came out with a 20 lakh crore package to revive Indian economy with a dream of Atmanirbhar Bharat. The list of measures has been announced by FM Nirmala Sitharaman on May 13, 2020 followed by PM’s Vision speech on May 12, 2020. Let us see the complete list...
Bajaj Health Care Limited SME IPO – Snapshot, details
Bajaj Health Care Limited has got an in-principle approval letter from BSE for using its name in the Offer Document for listing its shares on the SME Platform of the BSE. For the purpose of this Offer, the Designated Stock Exchange will be the BSE Limited (“BSE”). Company profile Bajaj Health Care Limited started its...
What is e-PAN, its Process, Requirements, Validity & Eligibility
If you are planning to get your PAN number, you can get it online with e-PAN and that too absolutely free of cost. The Income Tax Department has a service on their website to offer e-PAN services which may be availed by the people who do not have a PAN card and wish to get...
SBI Cards IPO – Date, Price band, Allotment status, Basis, Subscription, Listing, reviews
State Bank of India, India’s biggest lender, is coming up with an IPO of SBI Cards & Payment Services Limited opening on 2nd March, 2020. The company has fixed the price band of Rs 750-755 per share for its IPO with the face value of Rs 10 to be listed on NSE and BSE. Out...
SBI Card IPO – Date, Price Band and Other Details
Country’s largest lender State Bank of India is coming up with the IPO of SBI Cards opening on 2nd March, 2020. The company has fixed the price band of Rs 750-755 per share for its IPO with the face value of Rs 10 to be listed on NSE and BSE. Out of the total issue of...
Typical Tax Saving Avenues that you must know
I have actually seen people frowning while paying taxes. I still remember a businessman who approached me many years ago and said “I don’t want to pay tax, please draft my financial statements accordingly.” He also wanted all the bills to be arranged to support his windrow dressed financial statements. There is also a large...
