Sovereign Gold Bond (SGB) 2020-2021-Series IV Issue Price, Dates, Details

RBI has recently announced the Sovereign Gold bonds scheme and it is one of the safest ways to hold your Gold. Sovereign Gold Bonds is a better way to make an investment on Gold in the online mode. By investing in sovereign bonds, you need not to store your gold on a physical locker. These...

Government of India Floating rate Savings Bond, 2020 (Taxable)

Government of India has recently announced about the Taxable floating rate savings bond, 2020 with current interest rate of 7.15% reset every six months0.35% above prevailing NSC rate. From 1st of July 2020 this will come in to the effect. This will enable the resident of India and the HUF to get the benefits of...

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...

Latest Announcements by FM/RBI amid Covid-19 and How it Affects You

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...