The Reserve Bank of India as on 23rd Nov, 201, 1brought some major changes in the banking structure. From 1st April, 2012 all the cheques issued will be valid for 3 months, instead of 6 months. Be alert and get your cheques en-cashed as soon as possible. The whole banking system runs on certain rules [...]

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The much awaited union budget was presented yesterday (16-03-2012) by our finance minister, Mr. Pranab Mukherjee. The exemption limit on tax has been raised from 1.8lakhs to Rs. 2lakhs per annum. A tax rate of 10% will be imposed on income between Rs. 2lakh- 5lakh, 20% between Rs.5lakh-10lakh, 30% above Rs.10lakh. Some changes are also [...]

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With the advancement in technology things are getting more electronic. On-line mode of communication has become the strongest and widely accepted route among the people all over the world. Today stocks, mutual funds are also stored in electronic form in our demat account. Holding your investments in electronic form in your demat account provided by [...]

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With the MCX IPO issue on offer, investors are trying to find out as much as possible about the company before investing. So here you can get the complete details about MCX before you plan to invest in the MCX IPO. Multi Commodity Exchange of India Ltd (MCX), India’s largest commodity exchange was incorporated in [...]

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Standard & Poor(S&P), the world’s foremost credit rating agency downgraded the credit rating of the United States federal government from AAA to AA+. Budget deficit along with political climate was the main reason behind this downgrading. United States government lost confidence of S&P and was downgraded for the first time as, S&P doubted the ability [...]

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