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How to Submit FATCA declaration for NPS to prevent it from getting Blocked?

How to submit FATCA declaration for NPS? Several NPS subscribers received SMS on April 27 from NSDL stating – “As a regulatory requirement, submit FATCA self-certification for your PRAN to CRA, else account will be frozen. For more details visit www.npscra.nsdl.co.in” Later in the day subscribers also received from NPS [email protected] their registered email with Subject: “Submission of FATCA Self-Certification Form for your […] Continue reading →

5 Things to Do Before March End

Things to do Before Financial Year Ends Its just 3 weeks before the financial year 2016-17 ends and so we present you with 5 things you should do before this FY ends. 1. File Pending Income Tax Return: Ideally you should have filed your income tax return for FY 2015-16(AY 2016-17) by July 31, 2016. But in case you have not filed it […] Continue reading →

Tackling the Rs 500/1000 ban – New developments?

Rs 500 and 1000 banned - What next? As expected there was lot of chaos around with some people struck without any usable currency. Here are list of places where your old Rs 500/1000 currencies should be accepted till November 11 midnight.  Government Hospitals and pharmacies in these hospitals Railway ticketing counters ticket counters of Government/Public Sector Undertaking buses airline ticketing counters at […] Continue reading →

Seventh Pay Commission – The Real Salary Hike?

Seventh Pay Commission – The real Salary Hike The cabinet passed the Seventh Pay Commission report recommendations yesterday. The entire media including news channels, newspaper screamed how “Acche Din” has arrived for Central Government Employees. Even Finance minister thinks “Government salaries now distinctively higher than private sector”.  And it seems true if you see what most channels/newspapers are flashing. The new pay scale […] Continue reading →

LPG Emergency Helpline Number – 1906

In case you have LPG leak dial the LPG Emergency Helpline Number – 1906. This number is uniform across all LPG providers – Hindustan Petroleum, Indane and Bharat Petroleum and was launched on January 1, 2016. The government wanted 3 digit number but due to unavailability of the same – 1906 was chosen. This is […] Continue reading →

Historical Repo Rates in India

RBI Historical Repo Rates in India Repo (Repurchase) rate is the interest rate on which the banks borrow money from RBI (Reserve Bank of India) for their short term needs. These repo rates are fixed by RBI from time to time. Why is Repo Rate Required? Repo rate is one of the tools available with RBI to control the money flow in […] Continue reading →