Indian Stock Market Hot Tips & Picks in Shares of India - 12 new articles

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General Anti Avoidance Rules (GAAR) India–Wiki–Implications

GAAR Abbreviation GAAR abbreviation stands for general-anti-avoidance rules and it has been introduced in India due to VODAFONE case ruling in favour of this company by the Supreme Court. The new rules will come into effect from 01 April, 2012. GAAR Implications in India Indian Government is trying...

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Tax Avoidance & Tax Evasion in India

It is very important that one understands the meaning of tax avoidance or tax evasion to avoid being on the wrong side of the income tax authorities. Tax Avoidance Tax avoidance is the means to reduce the tax liability by using the legal means. To make it simpler to understand, we can say that it...

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Opaque Fare Scheme – A Way to Sell KingFisher Tickets

We all know that travelling with Kingfisher can be risky as one is not sure when its flights will get cancelled. However Kingfisher has teamed up with travel portals and has devised a new scheme called as Opaque fare scheme where one do not come to know about the name of the airline till the time...

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Interest up to Rs 10,000 Exempt from Income Tax – Read Lines between Fine Print

A normal retail investor may be feeling happy that budget has given the leeway that interest up to Rs 10000 has been except from income tax; however a detailed analysis of fine print suggests that this deduction is only applicable for interest received in a saving account and is not applicable for...

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Employees' Provident Fund(EPF) Rate of Interest

The employees' provident fund(EPF) rate of interest has been slashed by 1.25 per cent for 2011-12 in current budget and it becomes 8.25% from an all time high of 9.5%. We wonder that these unions raise their voice at slightest provocation and this time they have kept quite despite high prevailing...

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Monthly Income Scheme (MIS) and Public Provident Fund (PPF) Rate of Interest hiked 0.5%

Monthly Income Scheme (MIS) and Public Provident Fund (PPF) rates of interest have been increased by 0.5 per cent. The new rates will be effective from April 1, 2012 and will remain valid during 2012-13. It is pertinent to note that the Interest rates on time deposits of one and two years have been...

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Tax Benefit u/s 80CCF–Infrastructure Bonds Becomes Defunct

All those who must be feeling happy that they are going to enjoy additional tax rebate on infrastructure bonds in coming year also have a shock as this facility is only available till 31 Mar 12 and is not extendable beyond that particular date. So if you are looking to save tax than this option of...

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Property Tax TDS Deduction is Responsibility of Buyer

Budget 2012 has imposed a new provision where one need to get 1% of property purchase price from seller and deposit it as TDS on property. The onus is on the buyer to deduct this TDS. This is applicable on purchases above Rs 50 Lakh property in metro cities and above Rs 20 Lakh in balance cities....

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OBC Toll Free Number (No) | Customer Care Toll Free Number

The Oriental Bank of Commerce (OBC) toll free number is 1800-180-1235 and one can get access at their paid number which is 0124-2340940. One can access their website at OBCINDIA(dot)CO(dot)IN

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Non-banking finance companies (NBFCs) Lending Norms Tightened by RBI

The bull run for Manappuram Finance and Muthoot Finance has halted for a short term as RBI has tweaked the rules to keep these lending companies under control. The detailed order is as following. It has been decided that all NBFCs shall hereafter maintain a loan-to-value (LTV) ratio not exceeding...

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Google DownGrades BuildMyRank Website from its Search Engine Rankings

To put the readers in correct perspective; buildmyrank was a site which had a group of its sites and webmasters used to pay them to join and write for them and they would allow you a link per 150 words. Now Google has come very heavily on it as it has downgraded the group of sites making...

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BuildMyRank Site Closes Down Due to Google CrackDown

Google has always warned that it will deindex any site which gets into buying or selling links or as a matter of fact any link farm activities which can send a wrong impression about a site to Google search engine spiders. Probably this is a big move where they have come down heavily on Buildmyrank...

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