mydigitalfc.com - Personal Finance

Earn more from your savings accounts from April 1

Wed, 31 Mar 2010 16:53:11 +0530

The savings account will yield 30 to 40 basis points more to the account holder from tomorrow with the banks shifting to the new method for calculating interest on savings

Rupee hits 18-month high vs US dollar

Mon, 29 Mar 2010 22:46:55 +0530

The rupee closed Monday at 44. 96 per dollar its highest since September 2008 on back of strong inflow of funds from foreign institutional investors (FIIs) and a

50% growth in inflows to small savings schemes

Wed, 24 Mar 2010 23:12:26 +0530

With inflows into mutual funds and life insurance schemes picking up this financial year, can the aam aadmi’s trusted small savings schemes be left behind? Inflows into small savings schemes

Govt agrees to up EDLI scheme benefit to Rs 1 lakh

Wed, 24 Mar 2010 18:05:40 +0530

The labour ministry has accepted a proposal to raise the ceiling of benefit under the Employees Deposit-Linked Insurance (EDLI) Scheme from Rs 60,000 to Rs 1 lakh, a move that would help over 4.71 crore EPFO subscribers.

Average Indian lose track of Rs 20,000 a yr in cash spends

Mon, 22 Mar 2010 22:16:36 +0530

A recent study by Visa International has found that Indians cannot account for as much as Rs 20,000 a year, or Rs 383 a week, in cash purchases. Among

At Rs 3.54L cr, finmin hopeful of meeting direct tax target

Sun, 21 Mar 2010 11:19:15 +0530

Having mopped up Rs 3. 54 lakh crore from direct taxes till March 18 the finance ministry has expressed the hope that it could meet the Rs 3

Cibil to form microfinance credit bureau

Thu, 18 Mar 2010 21:54:52 +0530

Credit Information Bureau India (Cibil) has entered into a partnership with 31 microfinance institutions (MFIs) to start Microfinance Credit Information Bureau (MCIB).
This bureau will enable borrowers to take informed

Demat gold finds favour with investors, brisk trade on Day 1

Thu, 18 Mar 2010 21:51:44 +0530

National Spot Exchange (NSEL) is offering demat gold in smaller denominations and the product has received quick acceptance among retail investors.
On the first day of its launch on Thursday,

IATA asks govt not to impose service tax on air travel

Thu, 18 Mar 2010 17:42:52 +0530

Global airlines' body IATA has asked the government to roll back a proposal to impose service tax on domestic and international air tickets on all classes, saying it would not

Advance tax data shows India Inc fared well during FY 10

Mon, 15 Mar 2010 17:50:13 +0530

If the trends in advance tax payment by Indian companies are any indication, India Inc seems to have fared well this fiscal despite the overhang of the global recession.

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