DYK: how to approach an I-T ombudsman

DYK: how to approach an I-T ombudsman

Some of the topics for which you can approach the ombudsman are allotment of PAN and tax refund
You may get a ITR not filed letter after filing your return

You may get a ITR not filed letter after filing your return

This happens if the signed ITR form that you post after you e-file does not reach the I-T department
DYK: Difference in exit loads of Ulips and traditional plans

DYK: Difference in exit loads of Ulips and traditional plans

In comparison with Ulips, costs of traditional plans continue to remain exorbitant
Product crack: IFCI NCD

Product crack: IFCI NCD

IFCI is raising Rs.250 crore through its public issue of secured redeemable NCDs
One Minute Guide: Asset allocation funds

One Minute Guide: Asset allocation funds

These are mutual fund schemes that invest across equities, fixed income or gold
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DYK: You can check your KYC address
Wed, Oct 22 2014. 06 02 PM

DYK: You can check your KYC address

If you move homes or cities, you need to update this
De-jargoned: Debt overhang
Tue, Oct 21 2014. 06 48 PM

De-jargoned: Debt overhang

It emerges because of very high levels of debt
DYK: You have to pay wealth tax on unproductive assets
Mon, Oct 20 2014. 08 41 PM

DYK: You have to pay wealth tax on unproductive assets

Wealth tax is not levied on productive assets such as MFs, FDs and savings bank account
De-jargoned: Purchasing Power Parity
Sun, Oct 19 2014. 10 03 PM

De-jargoned: Purchasing Power Parity

PPP is calculated based on a basket of goods and services
DYK: The effect of higher MF exit loads
Thu, Oct 16 2014. 06 28 PM

DYK: The effect of higher MF exit loads

Any change in exit load is effected prospectively
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