The Reserve Bank of India will review the Monetary Policy today. Here is a ready reckoner that simplifies the policy jargon for you. Also check out expectations from the policy.
Three years ago, Ramchandra Goyal was surprised to know that he could not sell his US-based son’s flat in Pune despite having a letter of authority (LoA).
A debt mutual fund scheme invests in debt papers like government bonds, fixed deposits, approved private deposits and so on. By investing in debt instruments, these funds ensure low risk and provide stable income to the investors.
Taxpayers can claim a refund when their income tax (I-T) liability is less than the tax they have paid in a financial year. Refund can be claimed only by the person to whom it is due.
SIP is a way of investing regularly in mutual fund schemes. Through this, you can invest a fixed amount (as low as Rs 100 and in multiples thereafter) monthly or quarterly for a pre-determined period in a fund.
It is a rating assigned by the Securities and Exchange Board of India-registered credit rating agencies to initial public offerings (IPOs) of various firms.
Flats are generally priced on the basis of the area. However, the actual usable area of the flat may differ from the one you are charged for, or, the saleable area.