11.04% SREI Infrastructure Finance Ltd NCD 2015 Review

Non-Banking Finance Company SRIE Infrastructure Finance Limited plans to come out with the issue of 20 lacs Secured Redeemable Non-Convertible Debentures of face value of Rs.1,000/- each totaling to issue size of Rs.200 crore. About SREI Infrastructure Finance Limited SREI Infrastructure Finance Limited is a NBFC engaged in the business of financing infrastructure projects in India as well as abroad. In addition to financing, company also provides assistance in the creation, expansion and modernization of infrastructure facilities together with leasing and hiring of all kinds of construction and infrastructure equipment. SREI Infrastructure Finance Ltd NCD Issue Details SREI is offering […]

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How Fixed Deposits Provide Health Benefits?

The only benefit of choosing Corporate Fixed Deposits over Bank Fixed Deposits is higher interest rate. Corporate Fixed Deposits gives you better return but bear a risk of losing money if company defaults. Thus the advantage of higher returns gets nullified with the higher risk. Wealth2Health: Fixed Deposits with loan-against-deposits up to 75% To overcome this neutrality, Dewan Housing Finance (DHFL), Triple A-rated Housing Finance Company, has come out with a unique product “Wealth2Health”, a combination of fixed deposit with loan-against-deposits, which allows up to 75% withdrawal during healthcare emergencies with an option to reinvest the same money. In Fixed Deposits, […]

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Download New ITR-1, ITR-2, ITR-2A and ITR-4S for AY 2015-16

CBDT has today released the Revised Income Tax Return Forms ITR-1, ITR-2, ITR-2A and ITR-4S to be filed for the Assessment Year 2015-16 i.e. for the financial year 2014-15. Income Tax Return Forms for A.Y. 2015-16 Download Income Tax Return Forms for A.Y. 2015-16 ITR-1 (Sahaj) Form Instructions ITR-2 Form Instructions ITR-2A (New) Form Instructions ITR-4S (Sugam) Form Instructions ITR-V (Acknowledgement) Form Last Date of Filing of Tax Return has been extended by 1 month for this year i.e. from 31st July to 31st August. Read: Key Changes in ITR form for AY 2015-16 Which Income Tax Return Form to […]

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Sovereign Gold Bonds: New Alternative of Physical Gold

Wouldn’t it be great if you get an additional benefit on the Gold that you’re planning to buy for your daughter’s marriage or for investment purpose? Government of India with consultation to Reserve Bank of India is planning to issue Sovereign Gold Bonds which enables investors to earn interest on the amount invested in Gold Bonds. Let’s see the features, benefits and taxation of upcoming Sovereign Bonds. What are Sovereign Gold Bonds? Sovereign Gold Bonds are the alternatives of physical gold and are in form of certificates issued by the Government. The certificate indicates the amount, date and the quantity […]

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Story of Zimbabwean Dollar Extinction

You must have heard about the devaluation and the near extinction of Zimbabwean Dollar, the worst case of inflation in the century. Zimbabwean Dollar has become worthless as the people of the country lost their faith in the Currency. The same thing happened to the Hungarian Pengo and the German Papiermark back in 1950. Both the currencies had collapsed due to devaluation and hyperinflation. The Reserve Bank of Zimbabwe asked people to convert their holdings of Zimbabwean Dollar into US Dollars till September 2015 at an astonishing exchange rate of 1 USD = 35 Quadrillion Zimbabwean Dollars (ZD 35,000,000,000,000,000) Quoting […]

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Income Tax Returns: Incomes You Should Not Forget while Filing Tax Return

Tax Filing season has started and all of us have compiled the information needed to file Income Tax Return. Though the last date of filing tax return for the current year has been extended by 1 month, we must utilized this extension by rechecking the information and disclosures we are about to make in ITRs. For salaried employees, filing tax return is not that cumbersome task because they get Form 16 from their employer which contains all the required details to fill in returns and mostly their taxation is taken care of by their employer. Tax Filing is a challenging […]

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Rail Tatkal Tickets Booking Timings Changed

Aiming to ease the pressure during peak hours and to provide smooth & flawless service of booking of tatkal tickets, Ministry of Railways today announced the amendments in tatkal tickets booking timings. Presently, the booking of Tatkal Tickets opens at 10:00 a.m. one day prior to the train leaving the originating station. This means for the journey on 13th June the tatkal quota gets open at 10:00 a.m. on 12th June. The timings are same for AC as well as Non-AC tatkal tickets. With effect from 15th June 2015, timings of booking of tatkal tickets for AC and Non-AC classes are […]

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