The Government of India has increased interest rates on various post office-operated small savings schemes like Monthly Income Scheme (MIS), Public Provident Fund (PPF), National Savings Scheme (NSC), One Year, Two Years and Three Years term deposits along with Senior Citizens Savings Scheme (SCSS). The interest rates are hiked up to 0.5 per cent. The … Read more
Minister for Finance, Govt. of India Pranab Mukherjee has presented Union Budget 2012-13 to the Parliament of India on 16th March 2012. There are so much expectations and many contentious issues this year to deal with by Finance Minister. The Indian Budget is expected to increase tax exemption from Rs. 1.8 Lakh to Rs 2 … Read more
Anam Rama Narayana Reddy, Finance Minister of Andhra Pradesh has submitted State Budget 2012-13 in AP Assembly on 17th February 2012. This is the second consecutive budget of Rama Narayana Reddy as a Finance Minister. It is observed that the Budget 2012 -13 outlay will cross Rs. 1.4 lakh crores. Agriculture, Irrigation, Urban Development, Civil … Read more
Andhra Bank, a PSU bank owned by Government of India has come up with an innovative loan scheme for IT and Software, accountants and other professionals. Named as ‘AB Professional Loan’, the scheme is launched to meet the credit needs of practicing IT, Software and other high profile professionals like chartered accountants, company secretaries and … Read more