Currently in India only Banks are allowed to open ATMs to serve their customer needs. It is felt that current ATM penetration is to Tier-I and Tier-II cities only. To move ATM services to other parts of India, RBI came up with guidelines to open White Label ATMs. It is in the right motive to provide … [Read more...] about White Label ATMs-Value addition to your Banking Service.
Archives for June 2012
When it comes to agricultural income it is commonly believed that it is exempted. But you need to calculate it for finding income tax rate when partial integration of non-agricultural income with agricultural income conditions satisfied. So now let us look what are the conditions and how we can … [Read more...] about Is your Agriculture Income really exempted?
I feel very happy to announce that "BasuNivesh" moved from this existing domain to new own domain www.basunivesh.com successfully. It is like moving from rental house to own house for me :)For readers- you will not loose any old contents but you feel some new changes in coming days. I am still … [Read more...] about BasuNivesh moved to it’s own Domain “www.basunivesh.com” !!!
First let us look at the meaning of "Orphaned Policies". It is common in Insurance business that today who used to say as full time agent or adviser of particular life insurance company may switch his profession due to competitive business or finding any other lucrative profession than Insurance … [Read more...] about Do you have “Orphan Life Insurance Policies”?
Below are the few interesting findings about gold which I think will surprise you or make you knowledgeable about gold related facts.1) Southern states of India (Karnataka, Tamil Nadu, Andhra Pradesh and Kerala) constitutes around 40% of India’s gold demand. Western states constitutes around 25% … [Read more...] about Gold-10 interesting facts which you may not know.
Every Financial Planner advise you to invest in Equity market to get good returns. Also it is proven thing that equity outperformed other asset classes over long run. But have you ever thought what will happen to your equity investments when you face the situation like 2008-09 recession exactly … [Read more...] about When you need to come out from your equity investments?