2016 - Wealth18.com

Nov202016 by wealth18.comNo Comments

What is Benami Property – All you need to know

NRI

You must be hearing this word a lot now a days - "Benami property". Government is taking actions to remove corruption and black money. After demonetisation of Rs 500 / 1000 notes, government is now starting to take action against benami properties. What is Benami property - As the name suggest, it means property without a name. In such transaction, the person doesnot buy the property in his / her name but buys in some other name. Exclusions for benami transactions: If the property purchased in name of spouse or child if the joint property with brother, sister etc for which amount is paid out on known source of income charitable or religious properties are excluded Benami Transactions (Prohibition) Act - Aug 2016 In order to tackle this issue, parliament has passed the Benami Transacti...

Nov192016 by wealth18.comNo Comments

What is Paytm? How to use Paytm to pay / receive money ?

News

When the whole country is struggling to exchange old currency notes & depositing cash into Bank, mobile payment wallets are coming handy. You can use these wallets to make payment for grocey, shopping , cab booking etc. Even your local kirana store man can use it for receiving payment. One of the most popular mobile wallet in India is Paytm. In this post, I am providing more details on paytm, how you can use it and get benefits now. What is Paytm? Paytm is the largest online payment platform in the country claiming to have 15 crore users. It is a digital platform that allows you to transfer money into an integrated wallet. You can transfer money to the wallet using online banking, debit card or credit card, deposit cash via select banks / partners. Using the paytm wallet, you can m...

Nov102016 by wealth18.comNo Comments

List of Banks authorised for PPF Account

PF

In my last post, I explained the features & benefits of PPF Account. Read More In the past you could have open PPF Account with Post office or State Bank of India or few other PSU banks. But now, there are may banks which are authorised to open PPF account. So , you can open or transfer PPF account to your nearest bank. Note that only designated branches of these banks are authorised to open PPF Account ( not all branches), so it is better to check with the Branch first. List of Banks offering PPF Account Canara Bank PPF Account https://www.canarabank.com/english/scripts/ppf.aspx SBI PPF Account https://www.sbi.co.in/user.htm UCO Bank PPF Account https://www.ucobank.com/other-services/ppf-schemes.aspx PNB PPF Account https://www.pnbindia.in/en/ui/content.aspx?id=115...

Nov82016 by wealth18.comNo Comments

Rs 500, Rs 1000 notes illegal now – What to do ? How to exchange ?

News

Prime Minister Narendra Modi, addressing the country tonight, announced that Rs. 500 and Rs. 1000 notes will not be used from midnight onwards. Modi said the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless piece of paper.” On November 9 and in some places on November 10, ATMs will not work. Some Exceptions For 72 hours, these places and institutions will continue to accept Rs 500 and Rs 1000 notes for payment: --Government hospitals will continue to accept old Rs 500, Rs 1000 notes for payment. --Rrailway ticket booking counters, ticket counters of government buses and airline ticket counters at airports will accept old notes for purchase of tickets. --Petrol, dies...

Nov72016 by wealth18.comNo Comments

GreenSignal Bio Pharma IPO Review – Details

Stocks

GreenSignal Bio Pharma has announced its IPO. The cpampny is engaged in development, manufacturing & sale of BCG vaccine. Issue Details of GreenSignal Bio Pharma IPO: IPO Open : 9th - 11th Nov 2016 Issue Price band: Rs 76-80 Issue Size: Rs crore Market lot : 175 shares or multiples Max shares for Retail: 2450 Book Running Lead Managers : Indian Overseas Bank Registrar – BigShare Services Listing: BSE/NSE Grey market premium - (These are just indicative values) GreenSignal Bio IPO Issue Allocation Qualified institutional buyers (QIBs) – 50 % of the total issue size. Non-institutional investors (NIIs) – 15 % of the issue size. The retail quota limit in the issue = 35 % of the issue size. GreenSignal Bio Pharma is Chennai based pharmaceutica...

Nov52016 by wealth18.comNo Comments

upto Rs 1000 off on Cleartrip – RBL Bank Debit / Credit Card Offers

Offers/ Discounts

”Book Flights, Hotels & Activities on the Cleartrip Mobile App with your RBL Bank Credit & Debit Cards to avail great discounts and offers” Smart Offers to Woo You! – Activities: Get Rs.300 off on Activities of Rs.1, 000 or more Domestic Roundtrip Flights: Flat Rs.500 off International Roundtrip Flights: Flat Rs.1, 000 off on International Roundtrip Flights Domestic Hotels: Get Rs.1, 000 off on Domestic Hotels of Rs.5000 or more Domestic Roundtrip Flights: Flat Rs.500 off International Hotels: Rs.1, 000 off on International Hotels of Rs.5000 or more All offers from RBL Bank are posted in 1 single link here – Please check Offer Validity Till Dec 31, 2016. Eligibility Criteria These benefits can be availed by those who own a RBL Bank Credit / Debit Card. How t...

Nov52016 by wealth18.comNo Comments

Extra 15% off on Shopper Stop – RBL Bank Debit or Credit Card offer

Offers/ Discounts

Now get extra 15% off at shoppersstop.com on purchase with your RBL Bank Debit Card or Credit Card Offer Details: Extra 15% off on a minimum purchase of Rs. 1600/- Offer valid for only for online orders placed on www.shoppersstop.com and shoppersstop mobile app All offers from RBL Bank are posted in 1 single link here - Please check Offer Validity Till 31st December 2016 Eligibility Criteria Payment to be made through RBL Bank Debit/Credit Card How to take advantage of the offers? Visit and shop from www.shoppersstop.com or shop using ShoppersStop Mobile app Use coupon code “RBL15” in the 'Apply Coupon Code' box on Checkout page. [xyz-ihs snippet="ad1"]

Nov52016 by wealth18.comNo Comments

Upto 15% discount on Apollo pharmacy – RBL Bank Debit or Credit Card Offer

Offers/ Discounts

Now purchase medicines and health products at any Apollo Pharmacy store near you and get avail up to 15% discount with your RBL Bank Debit Card or Credit Card Offer Details: Flat 5% discount on FMCG Products (Fast Moving Consumer Goods). Flat 10% discount on Medicines /Pharma Products (except DPCO drugs). Flat 15% discount on Apollo Private Label Products Like Skin Care, Cosmetics, Baby Care, General etc. All offers from RBL Bank are posted in 1 single link here - Please check Offer Validity Till 31st August 2017 Eligibility Criteria Payment to be made through RBL Bank Debit/Credit Card How to take advantage of the offers? Avail this offer any of the 2200 Apollo Pharmacy in India

Nov52016 by wealth18.comNo Comments

Rs 3000 discount coupons – RBL Bank Debit Card offer

Offers/ Discounts

Shop or spend using your RBL Bank Debit Card for the first time and get Discount Coupons worth Rs.3000/- from GrabOn Offer Details: Use your RBL Bank Debit Card for any retail purchase online or at store (Min.Spend Rs.1000/-) and get discount coupons worth Rs.3000/- from GrabOn .Offer applicable for select first time users only All offers from RBL Bank are posted in 1 single link here - Please check Offer Validity Till 30th November 2016 Eligibility Criteria Valid for first time purchase of Rs. 1000 or above using RBL Bank Debit Card during the offer period Offer valid for shopping online or at stores both Customer/s having an active RBL Bank Savings account with a valid Debit Card prior to 30thSep.2016 and has not used the card anytime for any purchase on POS (onl...

Nov52016 by wealth18.comNo Comments

RBL Bank Offers – Debit Card Offers or Credit Card offers

Offers/ Discounts

RBL bank is giving many offers and discounts for using its debit card , credit card and net making for making purchases. In the post, I have consolidated such offers for your benefit: upto 15% Cashback on groceries For first time purchase on Grofers app, using RBL Bank Debit & Credit Card. Details & Link Rs 3000 discount coupons using your RBL Bank Debit Card for the first time and get Discount Coupons worth Rs.3000/- from GrabOn Details & Link upto 15% discount on Apollo Pharmacy get avail up to 15% discount with your RBL Bank Debit Card or Credit Card Details & Link Extra 15% off on ShoppersStop get extra 15% off at shoppersstop.com on purchase with your RBL Bank Debit Card or Credit Card Details & Link upto Rs 1000 off on Cleartrip Get ...