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Small tax demands up to Rs.1 lakh waived, bringing relief for income tax payers

New Delhi, Feb. 20 -- The government has recently announced a scheme to waive off small outstanding income tax demands, setting a ceiling of Rs.1 lakh per taxpayer. The scheme aims to provide relief t... Read More


Home loan interest rates: These are the rates charged by top 5 banks

New Delhi, Feb. 20 -- Before borrowing a home loan, borrowers tend to compare interest rates offered by different banks. Most banks usually charge interest rates between 9-11 per cent, however, the ra... Read More


Magic of compounding: Rs.1 lakh in this mutual fund would have grown to Rs.7 lakh in 10 years

New Delhi, Feb. 19 -- In one year, a return of 21 percent allows Rs.one lakh of investment to grow to become Rs.1.21 lakh. The return is impressive, but not awe-inspiring. But when the sum is kept inv... Read More