The Reserve Bank of India (RBI) has recently released its fifth bi-monthly rate review of financial year 2019-20. Though the key interest rates have been kept unchanged, the RBI has been cutting the rates since February 2019. There have been five consecutive rate cuts from RBI – in February, April, June & August of calendar […]
Fixed Income (Bank FDs,RDs,PF etc)
Best Tax Free Bonds to invest in 2020 | Factors to consider when investing in Bonds
In India, we have very few instruments where the interest income is exempt from tax. One of them is the PF (Provident Fund) and the other investment option is Tax Free bonds. Most of the other interest yielding instruments like bank deposits, company fixed deposits, NSC, Post Office Monthly Income Scheme, Sr. Citizen Savings Scheme, 7.75% GoI […]
L&T Finance NCD December 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) has recently released its fifth bi-monthly rate review of financial year 2019-20. Though the key interest rates have been kept unchanged, the RBI has been cutting the rates since February 2019. There have been five consecutive rate cuts from RBI – in February, April, June & August of calendar […]
15 Q&As on Fixed Deposit Interest Income Taxation Rules (FY 2019-20)
Fixed Deposits and Recurring Deposits are the most popular financial saving tools in India. It is not an exaggeration to say that most of us might have started the investment plan with an investment in Post office RD or bank Fixed Deposit (FD). The below table gives you an idea about the total outstanding amount (as […]
India Post New Mobile App | PPF & Post-office deposits can now be made Online!
Department of Posts has recently launched a new India Post Mobile Banking app. Through this mobile App, post office customers can make deposits into their PPF accounts (Public Provident Fund) and other Small Saving Time Deposit Accounts online. Post office account holders can also transfer funds from their savings accounts to own linked PPF accounts […]
Post Office Small Saving Schemes Interest rates Oct – Dec 2019 | Q3 of FY 2019-20
The Reserve Bank of India (RBI) has recently released its third bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 35 basis points(1 bps is 0.01%). This is the fourth consecutive rate cut from RBI , after a rate cut in February, April and June of calendar […]
