Along with changes in income tax, budget 2015 has also made some changes in TDS (Tax Deduction at source) for Fixed Deposit, Recurring Deposit and EPF (Employee Provident Fund). The post discusses these changes: TDS on Recurring Deposit (RD) Until now recurring deposit was not subjected to TDS. Budget 2015 has amended this and now […]
Last month RBI had cut its Repo rates which lead most banks to reduce their interest rates on fixed deposits. An alternative to lock in higher interest rate is to invest in fixed deposits offered by companies. But before you get excited at getting higher interest rates here are some points to keep in mind: Evaluating
19 Company Fixed Deposit (FD) Schemes to Choose From Read More »
Keeping in the theme of “Beti Bachao Beti Padhao” i.e. all round development of Girl child, the Government of India has launched Sukanya Samriddhi Account – a long term deposit scheme for girl child. The post covers everything you wanted to know about the new investment avenue. 1. Who can open the account? This account can
IFCI (Industrial Finance Corporation of India) a Government of India undertaking which caters to the long-term finance needs of the industrial sector has come out with Rs 250 crore (with an option to retain over-subscription up to Rs. 790.81 crore) public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. IFCI Ltd. NCD
9.5% IFCI NCD – Jan/Feb 2015 – Should you Invest? Read More »
Muthoot Finance, the dominant player in Gold Loan Business has come out with Rs 400 crore public issue of non-convertible debentures (NCD) offering up to 11.50% interest rate. Muthoot Finance NCD – Significant Points: Offer Period: August 18 – September 18, 2014 Annual Interest Rates for Retail Investors: 10.25% to 11.50% depending on tenure There is also
11.5% Muthoot Finance NCD – Aug/Sep 2014 – Should you Invest? Read More »
