I keep reading that the SEBI has come out with new norms KYC. What is it all about? How does it affect us as investors, who have been investing in stocks/MFs for sometime now? Do we need to do anything like submitting forms “in person” and such? Any ideas?

Hi Manish and Team, I am planning to buy the Online term insurance plan. However, I came across this recent article which mentions online term plans are not scientifically priced and this will get reflected in the claims settlment ratio. Please refer to Question no. 5 in this link http://www.livemint.com/Money/Jfic2mD98UciyA92fLyxZK/Online-term-plans-are-not-scientifically-priced.html I would like to know […]

Just got a mail from Intuit informing that the Intuit Money Manager service offered in association with Moneycontrol will not be available after 28-Feb-2013. However, it continues to be available from ICICI Bank. Strange to see players like Intuit who is known for cross platform products sticking with a single bank in India. From now […]

Hi, For Maharashtra state, I have a Question related to VAT on House imposed recently by Maharashtra Govt. I have Society Completion Certificate of July 2010. Registration formalities done by August 2010. 1) Is VAT applicable to Ready Possession Flat bought by August, 2010? 2) What all documents required for a flat to-be-officially-called READY POSSESSION […]

Small Businesses are to be very keen in using Social Media for Business. As now a days all businesses are on the net (Internet), maximum business runs online. For Improving engagement and sticking to your brand further being loyal to your brand in turn increasing sales is the mantra in social media. One must utilise […]

Guys, Just got an useful information wrt KYC for existing LPG consumers. As we know that Govt has mandated to submit Know Your Coustomer aka KYC to your authorized LPG distributers, deadline for which has been extended till 15th Nov 2012. Actually its mandated to submit KYC for those consumers who are holding more than […]

I understood Amway is a multi level marketing scheme, wchich sells a variety of products including home care products, personal care products, jewelry, electronics, food supplements etc.  I also understand AP and Kerala Govts have put a ban on the AMWAY operations in thier states. Can somebody give inputs on the AMWAY operations. Can we […]

Dear All Now I understand, the guidelines for investing in Rajiv Gandhi ESS have been enlisted. Can anybody clear the following: I heard the total annual income of the person should be less than Rs. 10 lakh to be eligible under this scheme. Pl. clear whether it is Gross income or Net income excluding HRA, […]

एवढ्या प्रोफिटमध्ये असूनही सरकार डीझेल ची किंम्मत का वाढवते? Oil and Natural Gas Corporation (ONGC) Limited declared a net profit of Rs.25,123 crore for the year 2011-12. For the following quarter ending June 30, 2012, it has reported a further growth of 48.4%. Indian Oil Corporation (IOC) has reported a net profit of Rs.4,265.27 crore. Hindustan […]