Our Network Websites:      All India NewsTech Know Bits - Invest In IndiaIndia - Food And Travel GuideHowTo For IndiaCars Of India

Posts Tagged ‘india’

Liberation in FDI policy to improve GDP

Planning Commission of India, suggested that in order to improve the
country’s Gross Domestic Product (GDP), there should be liberation in
Foreign Direct Investment (FDI).

To boost the performance of the weak performing manufacturing sector,
the Planning Commission of India called for taking liberating measure
in FDI policy as an effort to boost the Gross Domestic Product.

Click to continue reading

Untimely withdrawal of PF attracts tax

As reported in Financial Express, the provident fund (PF) is one of the most popular retirement benefit schemes in India. It is also considered as a tax-saving investment for contributions (employer up to 12% of basic salary and employee up to overall deduction of R1 lakh) made towards an approved/recognised PF, the year-on-year accruals and the amount received on maturity from such funds is tax exempt.

Click to continue reading

Biometric PAN cards to be issued by the gov.

The government has decided to issue biometric PAN cards to taxpayers across the country to weed out the problem of duplicate and fake ones.

The decision was taken recently by the Finance Ministry and it comes in the wake of a Comptroller and Auditor General (CAG) report that asked the Income Tax department to ensure that a single tax payer is not issued multiple cards.

Click to continue reading

Tata, the best Indian brand

In today’s market scenario customer is the king. He has a choice of selecting a product, brand from multiple choices available.

In order to win the consumer companies and brands are going out of the way to convince them.

Click to continue reading

SMS and e-mail services by the NSE

NSE has taken a step to enhance the security of the investors.

As per the agencies, the National Stock Exchange has launched a new facility that would provide clients with details of their respective transactions through SMSes and e-mails on a daily basis.

Click to continue reading

Worlds biggest steel plant in India

As reported by the agencies, the giant conglomerate, Jindal Steel and Power (JSPL) on Saturday said it would set up the world’s biggest steel plant in Orissa.

Click to continue reading

Stringent PF norms for foreign workers in India

As reported by PTI, India has tightened norms for withdrawal of provident fund (PF) by foreign workers employed in the country, prohibiting them from taking back this money until they are 58 years old or are incapacitated.

Click to continue reading

Professional forecaster’s survey pegs GDP growth at 8.5% for FY 2011

According the survey by professional forecaster’s  India’s GDP will grow by 8.5% as compared to earlier estimate of 8.4%.

The report said, “The country’s GDP will grow at 8.5 per cent in 2010-11 driven mainly by increased agricultural growth and services in the subsequent quarters.”

For the fiscal year  2011, the forecast for agriculture has been revised upwards from 4.1 per cent to 4.6 per cent.

Click to continue reading

Sensex encourages Indian companies to launch IPO

With the market showing positive momentum and still remains hot among the foreign investors.  The Market is above 20,000 levels the figure never seen after the recession.

Click to continue reading

How to buy precious stones?

Today the precious stones are not only the item related to the astrology but also being an ideal way to show your status, wealth and power. Therefore many NRIs are trying to invest their money into these precious stones.

Click to continue reading

Now you could trade Mutual Funds on NSE

Sounds interesting after ETF’s now it the time for Mutual Funds to get traded.
The National Stock Exchange on Tuesday announced the introduction of mutual fund service system, a platform on which mutual fund units will be traded through the stock exchange infrastructure, from November 30.
The Bombay Stock Exchange is also developing a similar platform with Central Depository Services.
All trading members of the exchange who are registered with the Association of Mutual Funds of India as mutual fund advisors and who have signed up with specific AMCs will be eligible to participate in MFSS.

Click to continue reading

Accenture on a hiring spree in India; To hire 8,000 by 2010

Global technology and consultancy firm, Accenture has said that it is going to add around 8,000 people in India by the end of next year taking its total employee base in the country to 50,000.

“We are 42,000 right now and we imagine we will be about 50,000 by the end of 2010,” said Accenture Chairman and Chief Executive Officer, William D Green on the sidelines of the India Economic Summit.

Click to continue reading

Some Money Making Tips for NRIs

If you are an NRI, we do understand that you have been toiling hard to make those extra bucks that you wouldn’t have made otherwise in India.

Click to continue reading

In India, Use Credit Cards the Smart Way


Are you worried about the right number of credit cards that you should be having right now in your wallet. The fact that the credit cards that you have are a real nice tool if they are used wisely, else they would not take long to turn into a death trap, cannot be denied.

Click to continue reading

RI student advises fellow students not to come to Australia

Sunny Bajaj 20, of Delhi has decided he will leave Australia after he finishes his accounting exams at Deakins University. He is badly shaken by the attack on him in Melbourne when he was racially abused when he was accosted by two men who demanded money and when he said he did not have any, they abused him, using foul racial language. One of his attackers was white and the other of African origin.

The Federation of Indian Students of Australia alleges no help is on its way from the Indian consulate who are not interested in mediation, nor is the ministry of external affairs.

Bajaj feels the Australian government is doing its bit to bring the situation under control as are the cops.

He suggests to countrymen that they either come to Australia prepared for racial abuse but suggests they do not go to that country.

His parents are worried and want him to return to India or move to some place like Singapore.