Update till 10 June 2020. Pradhan Mantri Vaya Vandana Yojna or PMVVY is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from 4th May 2017. It was officially inaugurated by then FM Late Sh Arun Jaitley on 21/07/2017. The Scheme canRead More
Who Is an NRI PIO OCB ? Know the rules
If you see Gujrat’s phenomenal success and want to learn the first lesson from it- It would be involving NRIs or Non-Resident Investors in the growth. Now many states like Rajasthan, MP, Telengana, AP are following this model. NRI PIO OCB – all want to invest in India whether it is their personal investments orRead More
Make Liquid Funds Part of Your Budget
You may call it by any name Liquid Funds Contingency Fund or Money Market Fund, this category has shown a deep acceptance among retail (small) investors. Although the bank deposit or the money lying in savings bank account is much higher than mutual funds combined all schemes. But if we see from 2012 the trendRead More
Learning Mutual Fund Trends
The newspaper publishes a lot of data on Mutual Fund and its numbers. As an investor does these figures have some indications or learning? Yes a lot, but you need a proper base to compare. Standalone numbers will not speak anything or provide insight. They may be used to distort any picture. Learning Mutual Fund TrendsRead More
Your Liability in Case of Online / Card Fraud
Our banking regulator Reserve Banking of India really deserves praise, as this is the second most important old regulation that they have changed to benefit banking customers. First, it was the Banking Ombudsman which was changed to accommodate recent trends. Now they have amended the 2002 regulations of Protection of Customer interest and liabilities inRead More
Life Post GST: Pictures & Humor
Finally, GST has been rolled out on July 1, 2017. The reactions are not knee jerk but some businesses are in stand still mode. The extent of GST impact will be tough to calculate in short run, but some feelers have already started to come in through media especially the naughty (social) media. On 2ndRead More