Form 15G and Form 15H

Background
As per the current TDS rules, if the interest income of an individual / HUF exceeds Rs 10,000 in a year, 10% tax will be deducted at source by the financial institution.
If the investor has not furnished his PAN details, the TDS rate will be higher at 20%.
However, in specific scenarios, Form 15G and 15H can be submitted to give a declaration to the bank not to deduct this tax at source. Check your eligibility to apply for TDS exemption, and if eligible, do not miss out.

Mark your evening : Friday, 10th May 2013

Mark this evening in your calendar - Friday, the 10th of May 2013.

For what you are going to witness this evening is ultra special.

You are going to witness how a common man can break the shackles of the arrogant and stubborn rat race and achieve something that only 1% of the world's human population has ever done - Financial Freedom.

Welcome to the official book launch of "From the Rat Race to Financial Freedom" at Landmark, Gurgaon.

What are Gold Deposit Schemes

What are Gold Deposit Schemes
The Gold Deposit Schemes is not a very popular option but can be a very prudent choice in the Indian context as we still continue to keep immense deposits of gold in our bank lockers. As the name suggests, this scheme essentially allows the owner of gold jewellery to deposit the gold with the bank and earn a safe interest on the same.
Gold deposits schemes in India offers excellent tax effective opportunity for investor who is looking for long-term coverage from gold and getting tax benefits too.

I Dare to Dream

John F Kennedy once said: "We need men who can dream of things that never were." 

I dared to dream.

- When everyone laughed at me being overweight as a teenager, i dared to dream to be the fittest around.

- When my school teachers and classmates made fun of me for failing in Class 9, i dared to dream to be a Gold medalist at my Engineering University.

What is CTS (Cheque Truncation System) 2010 Compliance

Background

You may have heard a lot about being mandatory to have cheques which are CTS 2010 compliant. There has been a revolutionary change in how cheques are being processed now a days and it is important to keep abreast with the change. Since banks have already moved to daily interest calculation, each day saved earns you more interest now a days.

What is Repo, Reverse Repo and CRR

What is a Repo Rate?
Repo is the short for "repurchase option" for the central bank of the country e.g. RBI. It is a means of short-term borrowing, wherein banks sell approved government securities to RBI and get funds in exchange. In other words, in a repo transaction, RBI repurchases government securities from banks, depending on the level of money supply it decides to maintain in the country's monetary system.

Pre-Ordering now available for "From the Rat Race to Financial Freedom"

Are you all set to beat the rat race?

Do you have the guts to chase your dreams?

Are you ready to create a second stream of income for yourself?

Do you have the belief that you can be wealthy, really wealthy..within this life span?

Do you think that any common person can be financially free?

If you wish for any of the above but are not sure how to achieve these goals, this book is just the right starting point for you.