Selecting stocks for investment can be overwhelming to a new investor. Learning how to research a stock can help you to get acquainted with the stock market. If you are interested in investing in stock market then start your research on various stocks before purchasing them. Your research on stock will show you the positive and negative aspects in detail. It’s a very easy … [Read more...] about How to research a stock for your investment
Finance
Form 16 and IT return copy’s requirement in Home Loan
Banks and financial institution grants home loan against house property as prime security. So the only thing such banks analyze before issuing home loan is the repayment capacity of the applicant. Repayment capacity depends on the regular income of the applicant which is derived from income, age, credit history and average monthly expenses based on family members. Banks … [Read more...] about Form 16 and IT return copy’s requirement in Home Loan
When and How auditors are appointed under companies act
Companies in India are registered with the registrar of companies where the registered office is situated. Such companies are required to undergo annual audit of their books of accounts by a chartered accountant in practice. Company audit is also known as external or statutory audit. Initially, when a company is registered in India, they have to appoint their first auditor … [Read more...] about When and How auditors are appointed under companies act
When you can withdraw your EPF balance
Contributions to Employee Provident Fund are deposited in to employee's EPF account every month. Both employee’s and employer’s contributions are deposited and interest on such deposit is credited to the Employee Provident Fund account. Unlike in PPF account, employees do not deposit anything to the Employee Provident Fund account directly. Employers deposit both portions on … [Read more...] about When you can withdraw your EPF balance
Credit card: Cash back or reward point – which one is better
Now a days it is very difficult to ignore the convenience of a credit card in Indian and abroad. Rewards on credit cards boil down to two basic categories: cash back and rewards points. You could choose a credit card based on its offerings. Cash back and reward points provide an opportunity to earn while spending on credit card. Now a day’s carrying credit card is much … [Read more...] about Credit card: Cash back or reward point – which one is better
VAT – What is Value Added Tax in India
VAT stands for value added tax. VAT is imposed on the value addition to products which ultimately paid by the end consumer. Over 120 countries worldwide have already introduced VAT and India is one of them to introduce it in 1st April 2005. For a buyer, VAT is a tax on the purchase price of the product. Where as for a seller, VAT is charged on the value added to a product or … [Read more...] about VAT – What is Value Added Tax in India
How to counter the effect of inflation on your savings
Increases in inflation are continually eroding the value of people’s saving and reducing their standard of living. With the increase in inflation rate, all prices will go up where as saving will not be multiplied in that ratio. Because of inflation average Indian consumers have to spend extra amount out of their earning towards fuel, food and utilities due to which … [Read more...] about How to counter the effect of inflation on your savings
Employers not depositing EPF contributions to EPF Account – Remedies and legal actions
Every month employer has to deduct employee’s contribution from his or her monthly salary and deposit the same with EPFO in addition to their own contribution. After depositing both contributions to EPFO account, it automatically gets deposited to employee’s individual EPF account. Many companies in India do not deposit such contributions with EPFO even though they have … [Read more...] about Employers not depositing EPF contributions to EPF Account – Remedies and legal actions
How to Withdraw EPF balance without employer’s signature
Employee provident fund or EPF is managed by Employee Provident fund organisation (EPFO) of India. Employers eligible for maintaining EPF account of their employees are required to deduct certain portion from employee’s salary in addition to their own contribution as employer. These amounts i.e. amount deducted from employee’s salary and employers contributions, are invested … [Read more...] about How to Withdraw EPF balance without employer’s signature
How to Know your EPF balance Online – EPF epassbook
From May 2012 onwards if your employer has filled electronic Challan cum return then you can see your EPF account balance online by registering yourself as a member in EPFO website. To register as a member you need to have followings in your hand; Mobile number Email Account Any of following document’s number PAN AADHAR NPR Bank Account Number Voter ID … [Read more...] about How to Know your EPF balance Online – EPF epassbook