Personal Finance

5 steps for income tax e-filing for income above 10 lakh

E-filing of income tax was introduced a few years back. But only a few tax payers were using it successfully. But this year...

Online income tax filing website crashes due to overload

As the last date for the filing of income tax returns fast approaches on July 30, 2012, the IT department as well as the...

Shriram Transport Finance aims at rural India

Used vehicle financer, Shriram Transport Financer will now make the most of the Rural India. The company has seen demand for the financing of...

RBI says mobile banking failed to take off in India

H R Khan, the deputy governor of The Reserve Bank Of India recently hinted that the mobile banking in India has failed to take...

Online health plan iHealth launched for youngsters by Religare Life Insurance

AEGON Religare Life Insurance (ARLI) has on July 24, 2012 launched an online health plan iHealth. The new plan is targeted at the new...

IDBI Mutual fund launches gold fund for investment

IDBI Mutual fund, the popular asset management company on July 24, launched a gold fund targeted mainly at the retail investors. The new gold...

Income tax department adds new column for Indians declaring foreign assets

The income tax department of India has tightened its norms and has introduced a new column seeking details of the foreign assets in the...

Reserve Bank of India to tighten debt restructuring norms

The loan account monitoring will have to be more vigilant in monitoring a loan account while corporate will have to think twice before restructuring...

RBI takes steps to save consumers from exploitative investment schemes

The first step has been taken by the Reserve Bank of India (RBI) to protect the consumes from the exploitative investment schemes. The RBI...

Banks increase interest rates on long term fixed deposits

It was expected that there would be a fall in the interest rates of the deposits. But contrary to the expectations, the commercial banks...