The Reserve Bank of India's (RBI) latest verbal guidance to banks -not to include registration and stamp duty while arriving at the value of the house - will mean an additional hit of 5-10 per cent

As the financial year nears its end, there are many who are still battle the basic about paying tax. While, those who know it will soon get busy finalising their income tax returns. Many will, and do

Rahul Awasthi heaves a sigh of relief on Tuesday. He wanted to pledge his equity investments for a loan early last year. As the Sensex fell 20 per cent between January and December 2011, this 40-year

The 48-odd million employees covered by the Employees Provident Fund Organisation (EPFO) may be touched that the finance ministry is actually considering a proposal to extend the organisation a fiscal

When asked about his investment, 41-year old Rajesh Tripathi is quick to refer to Life Insurance Corporation's endowment and moneyback policies. Asked about insurance for his life, his response does

Adeel Ahmed and his roommate are in a fix. They live in a rented apartment in Mumbai, paying Rs 42,000 a month. Until last year, they could very easily claim their house rent allowance (HRA). However,

In the past two years, gold has emerged a strong contender for an investor's portfolio, especially since the markets have not done so well. In debt, though the returns are decent, these turn low when

Like the average Indian citizen, mutual funds have a view on everything but do not take the effort to make it count by voting. The abysmal voting record of Rs 7 lakh crore Indian mutual fund industry

With RIL announcing a buyback after seven years, a primer on how it impacts shareholders. What is it? It is the repurchase of shares by a company from the open market. Companies buy back to raise the

More than 10 months after the group on fund raising for the Indian Institutes of Management (IIMs), headed by Hari Bhartia, co-chairman and MD, Jubilant Organosys, submitted its recommendations to the