The year 2017 will be an easy winner in the category of “most entertaining year”. When analyst are busy reading horoscope of next year and trying to decode the markets 2018 India and Indian investors really have many learning from the history of 2017. This year really tested us – Our Behavioral Skills & MentalRead More
Miscellaneous
Changes in Banking Ombudsman : More Penalties on Mis-sellers
RBI’s Banking Ombudsman Act 2006 had its second major changes this week. This act has been a game changer in the Banking Industry since its inception. Now as the time changes- technology changes. So new products and miss-selling ways also evolve. This dynamic act got new inclusions to cope up with the modern times. Let’sRead More
5 Important Things To Know About GST Implementation
Tax system in India is complex. When you go out and buy something, take a look at the taxes on the bill. You can find sales tax, service tax, Swachh Bharat tax, VAT etc. With so many taxes, it can be confusing to understand the purpose of each tax. Now here comes the long waitedRead More
Lessons from Socialtradebiz.in Scam … 3700 Cr Fraud
If you are thinking this is a new scam happening for the first time- no. In past also many companies like socialtradebiz.in have duped investor’s money. Lakhs of people who are very much knowledgeable believe in these investments and then are robbed in daylight. On 3 Feb 2017, the Director of Ablaze Informatics with 2Read More
Know – Who is an Agent? … & Who is your Advisor? Part 2
The intermediaries/brokers/agents in the financial sector are not law defined, but part of the evolution of the personal finance industry. The industry matured but not all middlemen understood and embraced change. They stuck to old practices and deteriorated the value. Sales pressure, commissions competition, and uncalled promotional offers started making a toll on real advisory.Read More
Know – Who is an Agent? … & Who is your Advisor? Part 1
Have you seen or read the Niall Ferguson’s “The Ascent of Money”? If not watch it. The book/documentary gives you a complete account of the history of “money” and how it became so important part in the today’s world. I am going to do the same, provide you the history of Financial Distribution in India.Read More