CKYC – Centralized KYC – an initiative of Govt Of India  which will be administered by CERSAI – Central Registry Of Securitization Asset Rsconstruction And Security Interest Of India. Central KYC Registry will be a centralized repository of KYC records of investors in the financial sector with uniform KYC norms allowing inter-usability of KYC records…

Budget 2017 and its impact on personal Tax Saving,Mutual funds,Real Estate & NPS Changes proposed in personal income tax slab: Tax rate for individuals having income in the range of Rs.2.50,000 to 3,00,000 reduced from 10% to 5%. Rebate of Rs.5000 u/s 87A have reduced up to Rs.2500/-.This rebate will now available if taxable income…

Mid cap oriented Mutual funds: As name suggests, these funds have mandate to invest in mid cap or mid+small cap stocks. Due to high growth potential, such stocks can offer higher returns over blue chips, of course with commensurate higher risk.Also wide spectrum of stocks are available in mid cap space,so its also subject to…