Mutual Fund Investing norms for Non-Resident Indians..

by CAMS Viveka Non-Resident Indians (NRIs) are allowed to invest in mutual funds in India. We answer some queries on the investing norms for NRIs. Can a non-resident Indian (NRI) / person of Indian origin (PIO) invest in mutual funds?  Can NRIs from any country invest? Yes. NRI…

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Planning for retirement: National Pension System is a Best Choice..

by Divya Baweja, Divya Agarwal & Tarun Garg, Deloitte Haskins & Sells Unlike developed countries, India does not have a universal social security system. As a first step towards pension reforms, the government introduced a contribution-based National Pension System (…

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Set Off Losses Against from house property Income, capital gain etc...!

by Mr. Rakesh Nangia, Nangia & Co . Everyone strives to make profits from whatever venture he/she undertakes, but in the quest for gains, the possibility of losses can’t be ruled out. The Income Tax Act, 1961, provides for a mechanism to use your losses to reduce the tax …

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Conference on Green Schools: 6 September 2014: Hyderabad, India

Name of the Conference Conference on Green Schools Date: 6 September 2014 Venue:  Hyderabad, India CONFERENCE ON GREEN SCHOOLS.. India would be one of the leading Nations with a young population of 76.50 cr, by 2030. This is almost half the population of the country as on today. …

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A to Z of Pradhan Mantri Jan Dhan Yojana..

Pradhan Mantri Jan Dhan Yojana (PMJDY) Phase I (15th August , 2014 - 14th August, 2015)    Universal access to banking facilities     Providing Basic  Banking  Accounts with overdraft facility of Rs. 5000 after six (6) months and RuPay Debit card with inbuilt accident ins…

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Home Loan segment grew by 18.4% to Rs 5,40,800 crore in 2013-14

Bank Loan Commercial Real Estate Grew 22.4% to Rs. 1,54,400 crore in 2013-14 Indian Banks have been warming up to residential real estate because of higher returns and as demand always exceeds supply, especially in the metros. Bank credit to commercial real estate grew 22.4%…

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Key to Effective Wealth Creation : Smart Asset Allocation..

by Mr. P. Saravanan, IIM Shillong Asset allocation is the process of distributing an investor’s wealth among different asset classes. In other words, it is investing money in assets like equity, bonds, real estate, precious metals & other commodities to ensure that your …

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Mr. Neerav Parmar takes over as chairman BAI, Mumbai

Mr. Neerav Parmar has taken over as the chairman of Builders’ Association of India (BAI), Mumbai Centre for 2014-15. He was appointed as the chairman by Sushanta Kumar Basu, President, BAI and Vimal Shah, President, MCHI-CREDAI. He has been unanimously elected as BAI Mumbai …

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