Post by: Renu Suresh in Personal Finance
Infrastructure Investment Trust (InvIT) An Infrastructure Investment Trust (InvIT) is an Investment Scheme similar to a mutual fund, which authorizes the direct investment of money from several individuals and institutional investors in infrastructure projects to earn a small portion of…
Post by: Arnold Thomas in Government Initiatives Personal Finance
Capital Investment Subsidy Scheme for Bamboo Industry India has a huge untapped potential in the bamboo sector, yielding an income of more than Rs.30,000 Crores. The National Bamboo Mission was launched as a centrally sponsored scheme to strengthen the domestic cultivation of more…
Post by: Karthiga in Personal Finance
Driving Licence Address Change Driving Licence is a document certifying that an individual is eligible to operate or drive a motor vehicle on the road. Also, driving licence can be used as a supporting document for any kind of address…
Post by: Karthiga in Personal Finance
Driving Licence Renewal As per the Motor Vehicles Act, it is mandatory for any drivers to hold a valid driving licence to drive on the road. In India, the driving licence is issued by the Ministry of Road Transport &…
Post by: Sinduja Shankar in Personal Finance
eVisa for India The Government of India has introduced the eVisa Application System which is an electronic authorization that enables the foreign nationals to apply for an Indian Visa online without visiting the Indian Mission. This facilitation system aims to…
Post by: Chris John in Personal Finance
National Consumer Helpline The National Consumer Helpline is a project formulated by the Union Ministry of Consumer Affairs. The sole mission of the Helpline is to offer telephonic advice, essential information and guidance in order to empower Indian consumers and…
Post by: Arnold Thomas in Personal Finance
Alternative Investment Fund Alternative Investment Funds (AIFs) deeply influence the global financial system and economy with investment decision affecting the capital markets, companies and individuals. According to Securities and Exchange Board of India’s (SEBI) Regulation 2(1) (b), AIFs can be referred…
Post by: Arnold Thomas in Personal Finance
Invest India Programme Invest India programme was developed by the Department for the Ministry of Commerce and Industries and the Promotion of Industry and Internal Trade. Invest India focuses on targeting investors on sector-specific, and development of investments through new…
Post by: Sreeram Viswanath in Personal Finance
DBS Grant Programme DBS Foundation, based in Singapore, offers social enterprises a DBS Grant Programme, thereby enabling them to add critical capabilities to achieve sustainability and scale up their existing business. Through the initiative, the DBS Foundation seeks to encourage…
Post by: Daphne in Income Tax Personal Finance
Section 80CCD Deduction Section 80CCD is a provision in the Income Tax Act that offers a deduction for taxpayers earning pension income related to the National Pension Scheme. Section 80CCD is incorporated into Chapter VI-A of the Income Tax Act,…