Technology today is rapidly changing the world around us. The wide-spread availability of internet enabled mobile phones has helped the common man to reap the benefits of technological advances in all streams around them.A consumer today can hail a cab conveniently using the smart-phone instead Continue Reading.....
RBI’s latest data on Financial Savings & Liabilities of Indian Households (2016-17) | How & Where do we save & invest?
The Reserve Bank of India (RBI) has released the nineteenth volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy - 2017' on 15th sep, 2017. Through this publication, the Reserve Bank has been providing time series data on various economic and financial Continue Reading.....
Aadhaar number & Multiple Bank Accounts | Linking Status & Govt’s Subsidy
The Central government in one of its recent notifications (dated 1st June, 2017) has asked all the Financial institutions, including Banks, to verify and link Aadhaar numbers of their customers with their bank accounts.If you have multiple Bank accounts, you need to link all your Accounts to Continue Reading.....
Fake GST Bills? | How to verify GSTIN number & GST Slab Rates of Goods & Services?
GST has been considered as one of the most important tax reforms post-independence. India's biggest tax reform is now a reality, as it has been rolled out with effective from 1st July, 2017.Now, its successful implementation at the ground level is what matters the most. Any major reform has its Continue Reading.....
How Home Buyers can file complaints against Real estate Builders online? | RERA Act
Home ownership in India has always been a big dream. To realize this long-cherished dream, a home buyer may either acquire the property through a home loan (or) invest huge sums of money in the property, in most of the cases this can be his/her life-long savings.Thanks to no proper regulations Continue Reading.....
How anyone can prepare GST Returns in Tally ERP.9?
It is very much easy to prepare GST returns in Tally.ERP 9 (simply Tally) because you do not have to actually prepare the returns.You just have to create Sales and Purchase bills and the returns will be created automatically. Yes, it is that easy and simple.Simply create a sales bill and Continue Reading.....
LIC Jeevan Utkarsh – New Single Premium Plan | Features, Review & Returns Calculation
Life Insurance Corporation of India (LIC) has launched a New Single Premium plan called as 'LIC Jeevan Utkarsh'. This new plan from LIC is a traditional, Non-linked, with-profits, savings cum protection plan. The risk cover under Jeevan Utkarsh is ten times of tabular single premium amount. This Continue Reading.....
Long Term Investment Horizon : Importance & Benefits | My father’s risky investments! (Real-life examples)
When you are investing in equity mutual funds, Stocks or other high risk-oriented investments like real-estate, one sage advice you often get to hear is that ‘invest for long-term’(or) have a 'long term investment horizon'.Almost all the investment related articles that you read and the programs 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.....
