As per the recent communication shared by the income tax department, all eligible income tax refunds will be only issued digitally. Further, tax refunds will be made only to the bank accounts which are linked with PAN.The above guidelines regarding the tax refunds have been effective from March .......Continue Reading.....
Muthoot Finance NCD May 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) on April 4, 2019 has recently released its first bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%).In view of the above, most of the banks and corporates may reduce the .......Continue Reading.....
What is the difference between a Fee-based and Fee ONLY Financial Advisor?
Now-a-Days Media is talking a lot about Financial Investments for ex “Mutual Fund Sahi hai”, “UparkiKamaai” from ET Money, even Google have also started an Ad campaign on this on how you can use their “Search” utility to identify and get information on various Investment options.These .......Continue Reading.....
AY 2019-20 Income Tax Return Filing | Which ITR Form should you file?
The Central Board of Direct Taxes has notified the new ITR Forms for AY 2019-20 Income Tax Return Filing (for FY 2018-19).The new ITR forms in PDF format have been made available, while the excel utilities (or) Java Utilities for AY 2019-20 will soon be made available on incometaxindia .......Continue Reading.....
Shriram City Union Finance NCD April 2019 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 .......Continue Reading.....
L&T Finance NCD April 2019 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 .......Continue Reading.....
Latest Post Office Small Saving Schemes Interest rates FY 2019-20 | April to June 2019
The National Savings Schemes (NSSs) are one of the very popular saving schemes in India. These are regulated by the Ministry of Finance. They offer complete security of investment combined with attractive returns.These schemes also act as instruments of financial inclusion especially in the .......Continue Reading.....
My List of popular Fee-only Financial Planners in India (Part-2) | Based on my interactions & observations
It’s been more than 10 years that I have been self-employed in ‘Personal finances’ field. I had donned the role of a trainer cum financial planner for the first five years and a blogger in the past 5 years.I like both roles as they give immense opportunities to meet many people, understand their .......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.....