If you are a salaried individual and contributing to EPF scheme then you may be aware of EPFO's OTCP (Online Transfer Claim Portal). PF subscribers have been using this online portal for submitting online EPF transfer requests (transfer of PF funds from previous EPF account to new EPF Continue Reading.....
Latest TDS Rates Chart for FY 2017-18 / AY 2018-19
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc.,The providers of these incomes (like your company / bank) can deduct a certain percentage of income as TDS (Tax Continue Reading.....
What is an Emergency Fund? | Why, Where & How much to save?
A financial plan is a road-map to achieve your life's financial goals. These goals can be your retirement goal, Kid’s education goal, vacation planning, purchase of house etc., All of us do try to save and invest in one way or the other for these planned goals.Life is full of If's and But's. Continue Reading.....
SREI Equipment Finance NCD July 2017 Public Issue : Details & Review
The interest rates on Bank fixed deposits have been on the downward slope and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products which Continue Reading.....
What is Mutual Fund NAV? How is it calculated? | Should you avoid Funds with Higher NAVs?
We often get to hear a term called ‘net-worth’. What does it mean? – It means the value of everything you own (Assets) minus all your debts/liabilities.For example : You own a commercial complex of Rs 1 cr and you have a taken a home loan of Rs 25 Lakh, in this case your net-worth is Rs 75 Continue Reading.....
RBI’s new Guidelines on Customer’s Liability & Unauthorized Electronic Banking Transactions
In recent years, Indian banking system have been undergoing tremendous transformation and implementing many innovative ideas to offer best in class products / services to its customers.Most of the banks and financial institutions are now offering ICT (Information & Communication Technology) Continue Reading.....
Mahindra & Mahindra Financial Services NCD July 2017 Public Issue : Details & Review
The interest rates on Bank fixed deposits have been on the downward slope and the interest rates on popular small savings schemes like Senior Citizen Savings Scheme, Post office MIS etc., are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small Continue Reading.....
What is GSTIN (Goods and Services Tax Identification Number)? | How to identify GSTIN in your Bills/Receipts?
Goods & Services Tax (or) simply GST, has come into effect from 1st July, 2017. It replaces different types of indirect taxes (like VAT, Service Tax, entertainment tax, excise duty etc.,) and henceforth, only GST will be levied on all types of Goods (Products) and Services.GST is a tax that Continue Reading.....
About ReLakhs
ReLakhs.com is a blog on personal finances. The main aim is to present the information on financial products in a simple,unbiased and easy to understand manner .This blog covers wide array of personal finance topics like insurance,home loans,banking services,mutual funds,tax planning,stock Continue Reading.....
