Objective: The objectives of the Gold Monetization scheme are: i) To mobilize the gold held by households and institutions in the country. ii) To provide a fillip to the gems and jewellery sector in the country by making gold available…
Category: Personal Finance
Some Frequently Asked Questions-Atal Pension Yojana
What is Pension? Why do I need it? A Pension provides people with a monthly income when they are no longer earning. Share on: whatsapp
Some Frequently Asked Questions on PRADHAN MANTRI SURAKSHA BIMA YOJANA
Q1. What is the nature of the scheme? The scheme will be a one year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to accident. Q2. What would be the benefits…
Frequently Asked Questions & Clarification on PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA
Q1. What is the nature of the scheme? The scheme will be a one year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any reason. Q2. What would be the…
Details of Atal Pension Yojana (APY) Scheme
The Atal Pension Yojana (APY) would be introduced from 1st June, 2015. 1. Introduction 1.1 The Government of India is extremely concerned about the old age income security of the working poor and is focused on encouraging and enabling them to join…
Details of PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA (Life Insurance)
The Scheme is starting from 1st June, 2015 Details Of The Scheme: The scheme will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason. The scheme would be…
PRADHAN MANTRI SURAKSHA BIMA YOJANA (Accident Insurance) Scheme Details
The Scheme is starting from 1st June, 2015. Details of Pradhan Mantri Suraksha Bima Yojana Scheme: The scheme will be a one year cover, renewable from year to year, Accident Insurance Scheme offering accidental death and disability cover for death or…
Interest on Housing loan can be claimed as Deduction from House property & also can be included in cost of Acquisition for Capital Gain simultaneously
Assessee claim deduction of Interest on Housing Loan upto Rs. 2 Lakh (from AY 2015–16) to acquire house property u/s 24(b) and simultaneously upon sale of said property, interest already claimed as deduction u/s 24(b) can be added to cost…
Your home can reduce your tax burden too
Your home can is not your shelter only it can reduce your tax burden too. There is only 3 months of time to end of this Financial year, it is time to start planning your tax saving strategies. Your house…
Levy of Penal Charges on Non-maintenance of Minimum Balances in Savings Bank Accounts only after 1 month notice from 1st April 2015
RBI has issued Cricular No 3/12.05.001/2014–15 dated December 12, 2014 regarding guideline on Levy of charges for non-maintenance of minimum balance in savings bank account shall be subject to the following additional guidelines. The guidelines will come into effect from…