There are over 1,000’s of mutual fund schemes in India. However, there are few hundred’s of MFs where these are performing well compared to its peers.You would have invested in a mutual fund scheme either from expert recommendation or based on your own analysis. However, these might be under .......Continue Reading.....
Tax Implications of EPF, PPF & NPS Withdrawals (Full / Partial) & Maturity proceeds
The Provident Fund Schemes like EPF (Employees Provident Fund) and PPF (Public Provident Fund) are very popular long-term savings products in India. EPFO has annual accruals of over Rs 1.2 trillion and has total assets under management worth Rs 11 trillion. The total outstanding deposits under PPF .......Continue Reading.....
How to exchange Old Currency Notes? | Soiled or Damaged Bank Notes – Latest Refund rules
The word ‘rupee’ has been derived from the Sanskrit word rupyakam, meaning a silver coin. It owes its origin to rupiya, issued by Sher Shah Suri in 1540-45. Today, the Reserve Bank of India issues currency under the RBI Act 1934.The first currency (bank) note of Rs 5 was issued by the RBI in .......Continue Reading.....
Mutual Fund Units Transmission procedure | How to get Mutual Fund units transferred upon death of a Unitholder?
We all know that life is short and unpredictable. In this short journey, we all take lot of investment and financial decisions. We earn, save and invest money in various financial products like - Bank Fixed deposits, real estate properties, Shares, Mutual Funds, Insurance policies etc.,What is .......Continue Reading.....
JM Financial NCDs Nov 2018 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels (showing signs of an up-tick now) 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 .......Continue Reading.....
All you want to know about Income Tax Refunds | How to check Income Tax Refund Status online?
"Refund” !! We bet as soon as each one of us hears this word it generates excitement and feeling of contentment among us. Further, when it is “Income Tax refund” then it's like icing on the cake. But have you ever wondered how this refund happens?Well, it arises only when you have already paid .......Continue Reading.....
How to get Property Encumbrance Certificate online in Karnataka?
Buying a property (home/plot/land) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision.When buying a property, due diligence is essential and you have to verify a lot of property documents. One of the .......Continue Reading.....
Manappuram Finance NCD Oct 2018 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels (showing signs of an up-tick now) 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 .......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.....