Author: Puneet Agarwal

Despite to rapid acceptance of online banking and online payment transfers by Indian banking customers, cheques based payments are still a significant mode of payments in India. Statistics published by RBI mentions that in year 2006-07, more than a billion cheques were processed in India. You may be aware of theThe Magnetic Ink Character Recognition […]

What is KYC The word KYC means Know Your Customer. It is supported by procedures in place to verify a customer and to confirm his identity. One of the main reasons for having KYC in place is to tackle terrorist financing and anti-money laundering.  In the current era of hightened terrorist threats, KYC measures are of […]

There are several articles spilled across the internet on Mutual Funds, their benefits, tax implications, charges, etc. Even I have one version of such article which you can read at What is a Mutual Fund. However, I haven’t come across many articles which actually help an investor in answering the question on how can a […]

I have been planning to write this article for quite some time to put my views on why should India (and obviously Indians) care about the health of foreign countries, specifically speaking of our western counterparts such as Americas, Europe, etc. Why do Indian stock markets drop several percentage points if European economies declares their […]

A rupee saved is a rupee earned – but you may be wondering the relationship of this saying with Tax deduction ? Well, if a rupee deducted as tax is not reflecting as tax paid to the Income Tax authorities, then you would have to pay that rupee again as tax or would not be able […]

Earning income is good – paying taxes is better … have you ever found some one saying that ? Perhaps not. People would want to prevent paying tax to the extent possible – some by tax evasion (which is illegal) and other by tax planning. There is another category of people who generally are not […]

Often I have noticed that people want to invest just for the sake of saving taxes. It may not be an ideal attitude towards investing, but for a community which loves to invest only in real estate and gold, there was a need to offer more than just investment returns to divert the investors from their […]

It is an interesting irony with Home Loans. Till the time a person does not have a home loan, he aspires to take one as soon as possible in order to purchase a home. Once he has taken a home loan, the first priority in his life becomes to repay his home loan even though it […]

When it comes to purchase of a house property, the first thing which hits the brain is a mortgage or Housing loan. And when it comes to housing loan, amongst the decisions which a borrower needs to take is to take is to choose the interest rate option on the loan – ‘Fixed’ or ‘Floating’ interest basis. […]