Government Policy, Finance and general News and Articles

Education Loan – Eligibility Criteria for interest subsidy

Students whose parental income is less than Rs. 4.5 lakhs per annum and are enrolled in recognized technical & professional courses, after class twelfth, in India are eligible under the scheme. Educational loans of such students disbursed from 1st April 2009, irrespective of date of sanction are eligible for interest subsidy.
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Not legally feasible for banks in India to undertake Islamic banking activities in India

Introduction on Interst Free Banking The Reserve Bank of India (RBI) has received references from the India Centre for Islamic Finance for introducing interest-free banking in the country in order to ensure inclusive growth with innovation in accordance with recommendations of the Raghuram Rajan Committee.
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PPF, NSC, PO MIS & Smrall Savings Scheme Interest rate wef 1st April 2012

Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the s..
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Excel Tips – How to create Drop Down list

Haven’t you always wanted to create those lovely drop down list boxes to enter data in lists or forms for uniformity and standardisation? These are called data validation list boxes. Here’s how create them. In our example, Let us consider that you want the user to enter season in column B from a list of valid seasons. To create the List box for all cells in that column, select the entire column, except cell B1, and on the ribbon click à
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Excel Tips – alternative to Cell comment

Yes, there is. It’s called Data validation Input message. Select the cell(s) in which you want to see the message. On the ribbon, click the tab then click . Click the [Input Message] tab .Check the option 'Show input message when cell is selected'. Type your message heading text in the Title box. This text will appear in bold print at the top of the message. Type your message in the Input message box. Click OK.
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Baseline Report on Efforts of Government in Tackling Black Money

Black money does not limit itself to the geo- political boundaries. It transcends borders and has become a global problem. The countries across the world have started a concerted global effort and as a part of global effort against black money, India has played a proactive role in pointing out deficiencies in the assessment of various countries by the Peer Review Group of the Global Forum. Government is also playing an active role in ensuring that these countries remove ..
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Download Outcome Budget 2012-13

The Outcome Budget reflects the endeavour of the Government to convert Outlays into Outcomes by planning expenditure, fixing appropriate targets and quantifying deliverables of each scheme. The Outcome Budget is an effort of the Government to be transparent and accountable to the people.
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Calculate your Portfolio in real time on Excel

This Excel Sheet calculate your portfolio in real time. Benefits of the sheet is that you have a complete scenario of your portfolio (total Gain/loss at the moment, total brokerage actual gain/loss including brokerage etc.) at a glance with out opening any site, where you need to check the prices of your stock one by one. its also show whether your stock is todays gainer or loser by changing its current price column colour (Green of gainer & red for Loser). This Sheet r..
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