Aadhaar on mobile: mAadhaar app

The mAadhaar application is authentic portable application created by Unique Identification Authority of India (UIDAI), propelled in Jul 2017, to give an interface to Aadhaar Number Holders to convey their statistic data viz. Name, Date of Birth, Sexual orientation and Address alongside photo as connected with their Aadhaar Number in advanced mobile phones. You require...

Sale of property and Capital Gains Account Scheme

In the event of that one offers a property which has been held for over 2 years, one long haul capital increases. On the off chance that one contributes the capital gain(not the contrast amongst cost and deal cost) inside 1 year of offer or 2 years of the exchange, under section 54, 54F/FC, the...

FATCA Compliance for Financial Instrument Accounts

Mutual fund investors, bank account holders and those who have invested in insurance schemes between 1 July 2014 and 31 August 2015 can’t work their records, from 1 May 2017 on the off chance that they are not consistent with FATCA. This article clarifies what is FATCA? This article instructs how to do FATCA affirmation...

How to claim Tax deduction on interest payments for Under Construction House

A home loan borrower can claim income tax deduction on interest payments made against home loan for a maximum of Rs. 2 lakhs and further up to Rs. 1.5 lakhs for principal repayment for self occupied property as per the provisions of section 80 C. Even if the home loan borrower has started paying EMIs...

How to apply Mudra Loan – All you need to know

Since the day Pradhan Mantri MUDRA Yojana (PMMY) or MUDRA (Micro Units Development Refinance Agency) Bank has been launched, most of the people are confused on the various aspects of the scheme and surprisingly they are confusing others as well. There are lot of queries that comes up quite often as to who are eligible...

Search and Apply Education Loans or Govt Scholarships through Vidyalakshmi.com website

With a view to promote education loans and to provide higher education to the aspiring students, on the occasion of Independence Day, the Union Government has launched a web based portal, www.vidyalakshmi.co.in. The portal has got multi utility features in it and students can really benefit from the services. It is one of its own...

Popular Insurance and Pension Schemes offered by Government

There is a wide variety of insurance and pension schemes which are introduced by government in last so many years. Brief description of the popular schemes is as follows: New Pension Scheme (NPS) – NPS is a retirement savings scheme. All Indian citizens including NRI’s in the age group of 18 to 60 years can...

Negative of Investing in Fixed Deposit Negative Post Tax Real rate of returns

Have you ever heard that a person who has invested his hard earned money in bank fixed deposit has suffered a loss? Confused? I know you will be. People usually invest in fixed deposits because they consider it to be the secure source of earning and believe that the money will only increase. Actually most...

What should be the first steps to invest in Indian Share Market

If you are new to the share market and are confused as to how to begin with share trading, then the article is perfectly meant for you. At first, you need to have a Demat account and a trading account with the broker. Motives behind invest marketing in share Once you are ready with Demat...

What is a Multi Level Marketing and How Does it Work

During the epoch of last two decades, multi level marketing (MLM) has come a long way and has impacted the lives of hundreds and thousands of people. Few of them have earned lucratively while the list of people who have lost their money is much bigger than the earners. This is the essence of multi...