Understanding CKYC- Central Know Your Customer

WHAT IS CKYC? As per Ministry of Finance (MOF), CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India) is supposed to perform the record keeping as of CKYCR (Central KYC Records Registry). The body will be responsible…


Checking your PAN Application Status

WHAT IS PAN? The Permanent Account Number (PAN) is a unique code which is issued to all taxpayers in the country. With the help of a PAN, all the tax-related information is recorded against it for a single entity. A…



WHAT IS EPFO? The Employee Provident Fund Organization (EPFO) is a government body under the Ministry of Labour and Employment that manages and runs the Employee Provident Fund (EPF) service for people who are employed. Under this scheme, the employee…

Universal Account Number (UAN)

Understanding UAN- Universal Account Number

WHAT IS UAN? The Universal Account Number (UAN) is an identification number assigned to both a person and his/her respective employer which enables both to contribute to the Employee Provident Fund (EPF). It is a 12- digit number issued by…

Mutual Funds, SIP

NFOs- The New Asset Class

NFOs or New Fund Offers are the first subscriptions made by fund houses to investors. Like Initial Public Offerings (IPOs), NFOs are launched for a limited period of time. Its primary objective is to raise funds to purchase securities like…

Senior Citizen, Tax

Senior Citizen Income Tax Benefits

SENIOR CITIZEN INCOME TAX BENEFITS: SECTION 80TTB AND OTHERS The budget for the year 2018 panned out really well for senior citizens. With the introduction of a new section 80TTB, the senior citizens are exempted from taxes to a large…


8 Best credit cards in India

A credit card is a plastic card that is associated with a bank to give you a convenient line of credit when you require it. The sheer variety of credit cards on the market can make the task of selecting…