Effective September 2015, all banks would be closed on Second and Fourth Saturday every month. But now remaining Saturday’s (first, third and fifth) of the month would be full working day at banks. My initial understanding was that only Government banks would be impacted but no – seems like private banks would also follow similar […]
Banks| NEFT| RTGS to be closed on Second and Fourth Saturday Read More »
Budget 2015 first proposed Sovereign Gold Bond Scheme – an investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. We Indians love Gold and the idea is to give an alternative to investors who invest in Physical Gold. Sovereign Gold Bond Scheme – Salient Features The bonds would be
Gold Deposit Scheme was first announced by Arun Jaitely in his Budget 2015 speech. The broad idea is to encourage everyone to deposit there idle gold in banks, which in turn can be loaned to jewelers or used for other useful purpose. This would be win-win for all the participants as the depositor would be
Muthoot Finance, the dominant player in Gold Loan Business has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue opens today and closes on October 7, 2015. Muthoot Finance NCD – Significant Points: Offer Period: September 7 to October 7, 2015 Annual Interest Rates for Retail Investors: 9.25% to 10.41%
10.41% Muthoot Finance NCD – Sep/Oct 2015 – Should you Invest? Read More »
Ministry of Finance twitted about the extension of due date of filing Tax Returns to September 7, 2015. The extension was first only for Gujarat as the normal life had been disrupted due to riots. But as it happens every year the Income Tax Return Filing website went down on the last date. Due to
Due date for filing Income Tax return extended till 7th Sep, 2015 Read More »
