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Bank Guarantees And Fixed Deposit Receipt

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  • Business

NSE, BSE drop Yes Bank from F&O segment from May 29

Leading stock exchanges BSE and NSE on Friday decided to drop Yes Bank from Futures and Options segment from May 29. The existing Futures and Options contracts across all expiries will expire on......

Sebi's daily transfer diktat to further pinch brokers

The Securities and Exchange Board of India (Sebi) has proposed measures mandating daily upstreaming of all investor funds from stockbrokers to clearing corporations (CCs). Sebi Chairperson Madhabi......

Do you get tax benefit on bank deposits?

On February 28, the finance minister had announced in his Budget Speech that bank deposits would be eligible for deduction under Section 80C of the Income Tax Act. However, it was only on July 28,......

How new tax code will hit savings schemes

It is a fact that tax incentives offered under the Income Tax Act, 1961 (the IT Act) have been instrumental in encouraging individuals to invest and save for their long-term retirement needs. One......

Capital Goods: Boost from ultra mega power projects

Union Budget 2015-16 have put out broad milestones/goals to be achieved by 2022 and this may translate into greater opportunity for the sector but it was silent on how the hurdles on the path will......

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