Global crude oil prices are on free fall during the last three months. This has resulted in the reduction of petrol and diesel prices in the local market. The price of petrol has come down from Rs.82 to Rs.70 and diesel prices have come down to Rs 55 As per …Read More »
Union budget will unveil a whole set of second generation reforms – FM. What does it mean?
Nice to hear such kind of kind of statements, isn’t it? Indian politicians cleverly use many jargons and one such jargon was used by our Finance Minister yesterday. In this article, I have made an attempt to decode the jargon – Second generation reform. Hope this helps you all …Read More »
Do you know about FAT Tax on hotel food?
This is a very common question I encounter from many people. When you visit a restaurant, the menu card mentions the item wise rate and * mark at the end – Taxes extra! The cost of the food at fine dining (air conditioned) restaurants itself is taxing one’s pocket and …Read More »
Curious about Ms. J Jayalalithaa’s court case? Read this
Personal Life Ms. Jayalaithaa Jayaram, 66 years was born at Melukote, Karnataka State, in an Iyengar family. Her father, Mr. Jayaram died when she was 2 years old. Her mother, Vedavalli, eventually moved to Chennai and became an actress in Tamil movies. Film Life Started her career as …Read More »
Central Government Employees – tell the world what you own! One step towards cracking corruption
Yesterday, one of the central government employees visited our office. His requirement was a little different from what we are usually asked to provide. He opened his bag and showed me a 3 page document from their Head Office (HO). The circular issued by the HO was referring to …Read More »
Make in India – this is the step of a Lion
Our PM is good in coining catchy names and also in giving different meanings to abbreviations. Earlier, when he won as the CM of Gujarat, he said he will be CM forever. (CM means Common Man). Now, today (25th September 2014) while launching the ‘Make in India’ program he …Read More »
Where to exchange torn or soiled currency notes?
It is not uncommon to get torn or soiled notes. Some are even cut in the corners or cut in the center but intelligently joined with the help of cello tapes. Normally we will find these notes in our pocket when we seek change from retail shops and restaurants. …Read More »
The basics of Foreign Investment in India – one must know
Foreign companies who want to do business in India have the option of setting up a subsidiary company or branch office. They can bring in funds through automatic route or through government route. In this article, we will write about the basics of foreign investment in India Nature of …Read More »
Sectors where Foreign Direct Investment (FDI) is prohibited
FDI means investment in the capital of an Indian company by non-resident entity or person resident outside India. A non-resident entity/person can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. Department of Industrial Policy and Promotion, Ministry of Commerce and India, Government of …Read More »
Is Varishtha Pension Bima Yojana (VPBY) a good investment option?
Entry Age: The pension is not for youngsters, So the minimum entry age for this scheme of Life Insurance Corporation (LIC) is 60 years. Those who are 60 years old can contribute to this scheme on or before 14th August 2015. Payment: Obtaining this policy is very simple. The …Read More »