Finance - Page 10

Interest Rate on deposits under Senior Citizens Welfare Fund from 01.04.18 to 31.03.19

F. No. 13/20/2014-NS (06/12/2018)

It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. G.S.R. 322(E) dated 18th March, 2016, shall with effect from 1st April, 2018 to 31st March, 2019, bear interest at 7.90% (Seven point nine per cent). This rate will be ...

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Debt – A Hurdle in Growth

India is developing nation which is steadily progressing on planned track of development.  India is continuously facing some basic hurdles .i.e. External Debt, Poverty, Excessive population, etc. however we belong to the country having sufficient and appropriate resources but as we know “A money in saving account is immaterial until it...

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Nature of Hybrid Securities: Debt or Stock?

Traditionally, corporate securities were categorized into two either stocks or debts. This means that a transaction in the company’s security either created increased company’s assets or incurred a liability to the company....

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Investigative agencies to maintain high standards of professionalism: FM

Shri Arun Jaitley, Union Minister for Finance and Corporate Affairs, exhorted Directorate of Revenue Intelligence to maintain high integrity and professional standards and endeavour to become a a near perfect organisation....

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Aspects to consider while buying your first home / buying a new house

A new house spells new beginnings. This would be one of your biggest financial decisions till now and it would have an impact for a long time to come. Therefore, it is important to consider this decision carefully before embarking on purchasing the new house....

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Money Changer Business in India

One of the strata of business which can give you a substantial level of profit is no other than the cash trade. In this sort of business, what you have to get associated with is cash and budgetary exchange....

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Mere use of any forged or counterfeit currency/bank notes is not an offence

Sanskriti Jayantilal Salia Vs. State of Maharashtra (Bombay High Court)

Sanskriti Jayantilal Salia Vs. State of Maharashtra (Bombay High Court) When mens rea is conspicuously absent, mere use of any forged or counterfeit currency notes or bank notes cannot attract the provisions of Section 489(B). The essential ingredient of the said offence being that the person, who receives the notes has reason to believe ...

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DHFL’s COCODrive – India’s first pick and pay car insurance policy

With a continuous rise in the number of automobiles on Indian roads, it’s getting tougher to safeguard your car from any unwanted accidents. The exorbitant cost of repairs, coupled with the expensive spare parts, could definitely make a hole in your pockets that is why it’s important to have a good Car Insurance policy. With […...

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CoinSwitch Review – This Cryptocurrency Trading Platform is the biggest exchange in the crypto world right Now

Cryptocurrencies are a form of digital currencies that is passing through the hurdles to be competent to the fiat currencies. Though cryptocurrencies are falling and making its way up the ladder every now and then, the craze for these cryptos is always on the higher end....

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Why planning well in advance for your retirement matters?

Have you ever wondered about financial independence at the time of retirement? Have you ever contemplated on how your retirement life will look like? Will it be something where you reside in your dream house, which is like a fairy tale?...

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