by Vidya Kumar | Apr 1, 2013 | loan
With the Indian auto industry witnessing a never-before boom, there are several new models of cars and brands entering the market every year. The four-wheeler is becoming more and more common in every average Indian household, as families with two-wheelers buy a...
by Vidya Kumar | Mar 29, 2013 | Vidya Kumar
Continuing our series on financial lessons learnt from Hollywood, here is another interesting movie that teaches us that crime does not pay. The movie is ‘Rogue Trader’ and it is based on the infamous trader Nick Leeson who brought Barings Bank down with...
by Vidya Kumar | Mar 25, 2013 | Education, loan
An education loan is given by banks and other specialised financial institutions to students who wish to complete their graduation or post- graduation studies, either in India or abroad. These loans are generally offered by banks in the following slabs: Less than Rs....
by Vidya Kumar | Mar 22, 2013 | Banking, Vidya Kumar
Fake Indian Currency Note (FICN) is a term used by officials and the media for fake currency notes circulated in India. According to Wikipedia, in the year 2011-12 alone, RBI had detected Fake Indian Currency Notes (FICN) of various denominations in the banking system...
by Vidya Kumar | Mar 21, 2013 | Investment, taxation
In the Finance Bill this time the Finance Minister Mr. P. Chidambaram proposed a withholding tax @1% to be deducted by every buyer from any amount payable to the resident seller if the sale consideration for transfer of immovable property, other than...
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