GST Impact on Salaried Individuals

The NDA government credits its Goods and Services Tax (GST), alongside demonetisation, as two of its most pathbreaking reforms. While opinion on these undoubtedly seminal measures is divided, there is little doubt that their implementation by the government has been nothing short of disastrous and they have yet to benefit the public in the manner […]

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Do I Need Life Insurance?

Do you think you do not need a life insurance. Here’s why you may want to rethink. Imagine you are the breadwinner in your family and suddenly you were to be taken away from them. Your income flow to the family will freeze. Would your savings be sufficient to take care of your family’s needs […]

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RBI Guidelines

Reserve Bank of India (RBI) has come out with guidelines asking Indian Banks to keep adequate capital to meet wide areas of risks, including those that can damage their reputation, as apart of Basel II norms. The guidelines issued on Supervisory Review Process (SRP) ask banks to make provision for risks relating to credit concentration, […]

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RBI Annual Report for Review of Payment System

The Reserve Bank of India (RBI) will conduct an annual review of the payment and settlement systems to ensure that customers receive timely, cheap and dependable service. The first review is proposed for the year-ended March 31, 2007. Business Standard reports that the review will be based on parameters like timeliness of customer service, cost […]

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