SEBI has recently come up with tighter margin norms and new pledge system for the stock margin trading transactions. This has been the talk of the town among the stock market trading community. In this post, let’s discuss – What is Margin Trading? What is the existing process of Margin trading or funding and proposed […]
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What is Negative Real Interest Rate? | How Can Interest Rates Be Negative?
The RBI has been reducing its benchmark repo rate for the last few quarters. The repo rate was cut by 115 basis points between March and May 2020, to support the economy in light of the coronavirus induced slowdown. As a result, banks also have had to reduce their lending and deposit rates to adjust […]
How to register LIC NEFT Mandate online? | New Provision
LIC had been issuing Cheques for settling insurance claims and also for making maturity/ other benefits payments until 2011. Since 2012, LIC has made it mandatory for the policy holder to submit ‘NEFT Mandate form’ to receive any type of payments from the insurer. Until recently, Customers or policy holders can submit the details of […]
Latest TDS Rates FY 2020-21 | TDS Rate Table for AY 2021-22
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 Deducted at source) based on certain […]
Corona Kavach & Corona Rakshak Health Insurance Plans | Details & Review
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AY 2020-21 Income Tax Deadlines you must know about!
The Income Tax (IT) department has recently revised the AY 2020-21 Income Tax deadlines (due dates) for filing tax returns, making tax-saving investments and Aadhaar-PAN linking. This is the third round of extensions announced to alleviate COVID-19 lockdown-induced hardships. AY 2020-21 Income Tax Deadlines Let’s go through the all important tax deadline extensions you must […]
