People from all walks in life are now experiencing the affect of soaring interest rates on their day to day livelihood. While some may be suffering to increased interest payouts, others may be enjoying with higher interest receipts. This post would be primarily be concentrating upon increasing the benefits by using the rising interest rates […]
Author: Puneet Agarwal
Income Tax department to review all realty deals to unearth black money
NEW DELHI: The income tax department plans to review realty deals following allegations of rampant use of black money in many transactions. “We will take appropriate action wherever we find involvement of black money in such transactions,” said Sudhir Chandra , chairman, Central Board of Direct Taxes .Chandra said the department would begin scrutiny of […]
House Property & Taxation
By Banyan Financial Advisors When it comes to investments, buying a property generally tops the charts of the possible avenues where a person would like to invest in. However, before venturing into this mode of investment there are some important tax related aspects which may be worth a consideration. … to be continued. Related Posts:No […]
Risk Profiling and its Importance
By Banyan Financial Advisors The term risk profiling may often be heard by investors when talking to their financial advisors or wealth manager. However little would an investor know at times as to what would ‘Risk Profiling’ mean and its associated advantages. Simply putting it, Risk Profiling aims to identify how much risk can an […]
Know Your Customer (KYC) Becomes Mandatory for Mutual Funds
KYC norms for investors in mutual funds in India have now become mandatory since 2011. While the regulators aim to ensure that illicit money is tracked and prevented to enter the financial markets, it has resulted in some discomfort within the investor community. This post aims to describe the elements around KYC and the procedure […]