The Reserve Bank of India (RBI) has been cutting the key policy rates to mitigate Covid-19 impact. Also, most of the banks and financial institutions have already been reducing the interest rates on their deposits schemes. So, as widely anticipated, the central Govt had announced a steep cut in the interest rates on small savings […]
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RBI’s statistical data on Indian Household Savings & Investments (2019-20) | How & Where do we invest?
The Reserve Bank of India (RBI) has released the latest volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy – 2019-20′ on 18th Sep, 2020. Through this publication, the Reserve Bank has been providing time series data on various Economic and Financial indicators for the Indian economy. You can find lot […]
Multi-cap Mutual Funds Asset Allocation (NEW) Rules | SEBI’s New Norms
The Mutual funds are broadly classified as Equity based and Debt oriented mutual fund schemes. Equity funds are further classified into different categories like Large-cap, Mid-cap, Small-cap, Multi-cap, ELSS (Tax saving), Balanced funds etc., A Large-cap oriented mutual fund scheme primarily invests (minimum) 85% of its total assets in large-cap company shares. Similarly, as per the […]
EPF Whatsapp Helpline Number for Grievance Redressal | Whatsapp Contact numbers of EPFO Regional Offices
EPFO (Employees Provident fund Organization) has recently launched ‘EPF Whatsapp Helpline Number’ for resolving grievances faced by its PF subscribers & Establishments (employers). EPFO has assigned different Whatsapp contact numbers for all of its Regional Offices. An EPF member can also submit his/her grievance to the EPFO through grievance online portal. EPF Whatsapp Number | […]
AY 2020-21 Income Tax Return Filing Tips | Which ITR Form should you file?
The Central Board of Direct Taxes has recently notified the new ITR Forms for AY 20-21 Income Tax Return Filing (for FY 2019-20). Normally, the last date to file ITR is 31st July. But, due to the outbreak of the novel coronavirus, the due date for AY 2020-21 income tax return filing has been extended to 30th November, 2020. Below infographic gives […]
Stock Margin Pledge Rules 2020 – SEBI’s new norms | What is Margin Trading & Stock Pledging?
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 […]
