The price of fraud hit Software Outsourcing company Satyam’s stock collapsed drastically after the disclosure of the biggest fraud in the History of India. It was down to Rs.11.50 per share compared to the 2008’s high Rs.524.9 per share. Then after a long drama now it’s under the belt of another software company Tech Mahindra that mainly deals with telecom software. But the stock price was ranging between Rs.46-52 for long and no effect even after election when the Sensex gains around 20%.

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If you are looking to get fast Credit card from Indian banks like ICICI, HDFC or Axis Bank and you don’t have lot of salary or earnings or you are not salaried employee then the best way to get a Credit card is through fixed deposit. HDFC bank offers credit card on FD of 50,000 and Axis bank offers credit card on fixed deposit of 1 lakh.

You can keep and use your credit card as long as you are keeping the fixed deposit,when you break your fixed deposit, the Credit card will stop working.

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Indian stock market today saw a historic day with gain of over 2100 points in matter of hours and eventually trading had to stopped for the rest of the day. This 2100 points rise is the highest even in indian stock market history thanks the UPA government getting clear majority in recent lok sabha polls.

This huge thumbs up for government also implies how unwanted left was in business circuits. I had always felt that left parties are not good for the nation specially if they are running the nation as they work very passively and have problem with pretty much everything due to their ideology. Anyway the chances are, with BJP losing and left doing very badly, its the end of regional parties and communal politics in India which is a great sign for the nation. If India need to move with rapid pace, we need stable government for 5 years runned by one party only with no involvement of left parties, and this is what market wanted and this is what they got. I am expecting it to go even higher before bears start shorting it.

Plenty of Indians are using adsense to make money online from their websites and blogs so I felt to write down a beginners FAQ for Indian people who are still new to adsense and are wondering how things works.

Q. When will I get my PIN number ?
A. It takes normally 3 to 5 weeks for checks to reach you. Google send the PIN to confirm your address and if you are living in some distant place in India, say rural places where the postal service is not that good, you may never the the PIN. If you don’t get the PIN in 8 weeks, change your address to your relatives address and contact google again reissuing the PIN.

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If you are looking to make a fixed deposit account in bank like HDFC, ICICI or any other private or even public banks like SBI, you may like to think twice as the current interest rates are around 8% as compared to 10% previous year. Also with the interest coming under tax deduction, this whole putting money in fixed deposit thing don’t’ make lot of sense, you may be better of investing money in real estate right now as prices are low and you can get good deal currently.

Anyway if you still want to open a fixed deposit bank account, I will advice you to go with HDFC bank because they are the once offering highest interest rates of 8.25% per year. ICICI is offering around 8% interest rate but the premature withdrawal fine is alot less in HDFC as compared to ICICI.

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I am not an expert in Income tax laws but I do have decent knowledge of it so if you are an Indian having some queries about income tax laws and how much income tax you should pay then you ask your question here in the comment box and I will try to answer them.

Just to clarify, everyone has to pay taxes who satisfy these conditions -

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The last date for filing Income Tax returns is 31st July 2009 this year and if you still haven’t given too much thought about your income tax returns, may be this is the good time to start doing it, since there is no point in filing it too late.

Now india does have a sizeable population working in metros in busy schedules with no time to go to Chartered Accountants and explain them the whole thing as it can easily take half of their day. So for such people, there are online websites and services in India using which you can submit online taxes return paying small fees. You can instantly pay your return by credit card and can also get income tax advices from them.

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Yahoo India seems to be feeling the heat of current financial problems in yahoo as they have lay off 60 yahoo India employees. Though I don’t think they were from technical background, infact yahoo India is very positive about its development work that is going on in India and are looking for hire more people in coming months, about 150 techies.

Do note that yahoo has announced that they will be looking to lay off 5% of their global workforce to reduce the expenses. Yahoo is currently having serious financial problems with less people spending money on advertising as yahoo reported 78% decline in its earnings.

In the current time when banks are facing liquidity and credit crunch problem, Indian banks are specially careful while issuing new credit cards, still if you are a good earner, salaried person or maintenance a good bank balance you can get new credit card with ease.

In this post, we will talk about ICICI bank and how you can get a Credit card from ICICI bank. If you are planning to apply for Credit card in ICICI bank, you can either go to any nearby ICICI branch or better, just call them on these phonebanking numbers http://www.icicibank.com/pfsuser/customer/cuscarenos.htm

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In India, If you are earning any kind of money or if someone, say your grandfather or father has given you money in excess of rupees 50,000, You need to have PAN card.

To Apply for PAN card, you can get the form application from nearby Income Tax office or better, talk to some CA or accountant. They charge some fees, about Rs 50 and will do the rest.

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