For the FY 2012-13 you may expect series of tax free bonds from authorized 10 issuers. Period is already started with issues from REC and PFC earlier this month and now from today onward IIFCL. This will continue till this financial year. So let us looks at features of these bonds and who can … [Read more...] about Tax Free Bonds-Who can invest?
Archives for December 2012
Let us say you took home loan 2 years back and suddenly you received some unexpected cash which may be around 10% to 20% of your home loan principal. You paid this amount towards your outstanding home loan to ease your EMI burden. But after few months once again you need the cash of what you paid to … [Read more...] about Home Saver Loans-Is it worth to go for?
In my previous post How you can achieve Financial Goals by small sacrifices? I wrote in detail about the ways by which how you can create better financial life. Continuation of that, I thought to concentrate on the smoking habit which is the salient killer of your financial life too.Usually … [Read more...] about Impact of smoking habit on your financial life
With the existing norms of KYC lot of customers felt it difficult in obliging to the norms mentioned their. In view of this, RBI recently modified few of KYC norms which will make life easier for customers who are not KYC complied and interested to open the account. Let us see few of these changes … [Read more...] about Bank Account Opening-Read these modified KYC norms
I think it is common for all Govt organisations to open their eyes after hitting on their head by the way of court judgments. Latest to add them is recent circular of EPFO (Employee's Provident Fund Organisation). Let us look at it's effect on your monthly salary.Till now it was common practice … [Read more...] about New meaning of “Salary” for calculation of Employee’s Provident Fund (EPF)
I am happy to share that on 9th December 2012 BasuNivesh completed it's first year. I started this blog when I was studying CFP and with little or no knowledge about writing skill and blogging skill I started this initiative.Proud to say that when I started this blog I have hardly any visitors, … [Read more...] about BasuNivesh first Birthday !!!