Dynamic Equity funds are largely equity oriented funds which invest in a mix of debt and equity. They increase or decrease their allocation to equities and debt depending on their view of the stock markets. Typically, when stock markets fall they increase equity in the portfolio and when they are… Continue reading
The Employees Provident Fund (PF) 1952 is to sanction a type of social security to the employees. This particular Act is applicable for every employee who works in a factory or any other establishment whether organized sector or un-organized one, wherein they get welfare such as medical care, housing, retirement… Continue reading
Maternity Benefit Act was established in 1961 to benefit expecting mothers and later amendments were made in 2017 to provide more benefits to the expecting employee. The act was made to protect employment of the women employee during the time of maternity and provides her with ‘maternity benefit’ i.e. full… Continue reading
The Board of Trustees has decided to provide financial assistance of Rs. 1,500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2,000/- p.m. for those students registered for final course and are currently undergoing articled/industrial training in accordance with The Chartered Accountants Regulations, 1988 and… Continue reading
It’s never too late for doing something good, and finally after the PNB scam and the series of the scam are coming out in the open air the Govt. has finally introduced THE FUGITIVE ECONOMIC OFFENDERS BILL, 2018. 1. This bill was first introduced in 2017. 2. This bill has… Continue reading
1. Annual Return – FORM 11 – 60 days – 30th May, 2018 2. Statement of Accounts – FORM 8 – 30TH OCTOBER, 2018 3. INCOME TAX RETURN: IF NO AUDIT- 31ST JULY IF AUDIT – 30TH SEPTEMBER STATUTORY AUDIT : Capital Contribution – 25 lakh or Annual Turnover –… Continue reading
These steps you can take to avoid paying more to your bank. Use the ATM wisely Why: Several banks allow only five free transactions, even at their own ATMs. If you can’t do without cash, withdraw larger amounts at a time to avoid paying more. You save: Rs 10-20 per withdrawal, Rs… Continue reading
Joining or Annual Fee While many credit cards come free of cost, i.e. no joining fees and perhaps exemption from annual fee for a particular period, the ones with bigger rewards and benefits generally tend to have a joining fee. Some may waive off the joining fee for the first year but… Continue reading
Home Loans are a long-term financial commitment with tenures typically ranging between 10 to 30 years. During this time there is a possibility that you may not be happy with your bank or lending institution, or that your existing interest rate may be too high compared to market rates. There… Continue reading