Finance

Early Retirement Early Retirement

Are you ready to retire from the daily grind of your stressful nine to five job? How do you know that you are prepared to say goodbye to your office desk, to your co-workers and your boss once and for all? Well, there are certain parameters and benchmarks to consider in order to figure out…

Read More 5 Signs That You are Ready for An Early Retirement

ELSS Save Taxes ELSS Save Taxes

Investing is the smartest way to deal with surplus cash. Even for regular office-goers investing in a mutual fund scheme makes so much more sense because it increases their chances of creating wealth. Over the past years, mutual fund investment schemes have proven to fetch higher returns as compared to traditional investment options like Public…

Read More How Does the 3 Year Lock-in of ELSS Compare to Other Tax Saving Instrument?

mutual-funds mutual-funds

Mutual funds can be an effective market-linked investment option for investors among the many available alternatives in the finance market. They offer dual advantage of generating wealth in the long run while helping to save tax. Systematic Investment Plans (SIPs) are considered as an efficient way to invest in mutual funds. They allow you to…

Read More Five different types of mutual fund SIPs

Tax Saving Tax Saving

Most Indians invest with two purposes in mind: build wealth for the future and save on the income tax liability. A fixed deposit is one of the most popular instruments for the first purpose – it keeps your capital safe while also guaranteeing a healthy return on investment. A variation of fixed deposit is tax-saving…

Read More Difference between normal FD and tax saving FD

personal loan interest personal loan interest

A personal loan is one of the easiest ways to get a decent amount of money to see you through a bad patch or to spend on planned expenses. If you can provide your lender with minimal documentation about income continuation and have a good credit history and score, you become an ideal candidate for…

Read More How Good CIBIL Score helps to Get Personal Loan Approved?

10th-coaching-classes 10th-coaching-classes

The full form of PFMS is Public Financial Management System. The is a social security scheme which is started by the Government of India to check the growth and development taking place in the social sector. PFMS provides scholarships to many students, whether they are in college or school. Some of the scholarship schemes initiated…

Read More How PFMS Scholarship is useful for students

Early Retirement Early Retirement

Many of us tend to think of retirement planning as a very distant event. Especially for those of us who are in our 20s and 30s, we do not feel a pressing need to start saving for our retirement. But financial planning is vital for a secure and stable financial future. The earlier we begin,…

Read More Some Simple Retirement Products Suitable For Most Savers

Child's Education Child's Education

Education costs across the world are soaring at an alarming rate. Be it secondary education, higher secondary or a professional degree, the cost of education is at an all-time. To give an example, the price of education in pre-schools and nursery in metropolitan cities is around Rs.1-1.5 lakh. This cost could rise further in the…

Read More Is Education Affordable Today, and will it be years from now?

Stalled Housing Projects Stalled Housing Projects

Our country has witnessed the development of housing projects at a faster rate in the last few years. However, the occurrence of stalled housing projects was increasing at an alarming rate. To change this picture and encourage to the homebuyers, Government of India has made an exciting announcement in the first week of November 2019.…

Read More Govt. approves Rs.25000 Crore Plan for Stalled Housing Projects

Home Loan EMI Home Loan EMI

With the Reserve Bank of India reducing its repo-rate for the 5th consecutive time, and the new mandate for financial institutions to link their home loan interest rates to an external benchmark, housing loans have become much cheaper for borrowers. To understand how RBI’s repo-rate cut can affect payments of home loan EMI, it is first…

Read More Know How a Decrease in Repo Rate Will Lower down Your Home Loan EMI

mutual-funds mutual-funds

Individuals are always on the lookout for avenues to invest their hard-earned money. Taxes, increasing interest rates on loans, and inflation cause a reduction in the amount of money a person saves over the years. With savings bank interest rates falling as low as 3.5% to 4.5%, there’s not even beating inflation, forget about growing…

Read More Mutual Funds Investment Made Easy – An Innovative Approach

Tax Saving Tax Saving

“In this world nothing can be said to be certain except death and taxes,” is a famous quote by Benjamin Franklin. Surprisingly, it also holds true in the world of wealth creation. You invest in several financial instruments to get good returns and fulfill your life goals. You then later realize your capital gains are…

Read More What Makes Tax-Saving Exercise an Integral Part of Financial Planning?

CFD vs. stock trading CFD vs. stock trading

Since there continues to be a growing debate on what’s the difference between trading shares as compared to trading CFDs (Contracts for Difference), we would like to provide some brief clarifications on the matter. We would like you to know that each type of instrument comes with both positives and negatives, so without further ado,…

Read More Comparison Between Share Trading and CFD Trading

Infosys Infosys

Whistleblower complaints continues to make headlines. The most famous now seems to be the whistleblower complaint against US President Donald Trump, over his handling of his conversations with the President of Ukraine. Whistleblowers in the United States have specific protections which allow them to come forward without facing ramifications. Infosys in the Headlines The financial…

Read More Infosys Faces SEC Scrutiny over Whistleblower Complaint

mutual-funds mutual-funds

As a prudent investor, you need a well-defined financial strategy for a comfortable and secure future. Financial discipline involves saving more money, cutting down unnecessary expenditure and making well-planned investments. Plus, an efficient financial plan must also account for inflation rates to set financial goals correctly. With a disciplined approach to investing, it is not…

Read More New Year 2020 Investment Resolution: Use SIPs to Become a Crorepati

Down Payment for Home Loan Down Payment for Home Loan

You might have heard the phrase ‘dream home’. We all have it but very few of us can afford it! According to a census conducted in 2011, it was seen that 69% of urban families own a house. If you fall this percentage then be happy! Else you still have a long road ahead to…

Read More What To Do When You Don’t Have Money For Down Payment?

mutual-funds mutual-funds

What are mutual funds? Mutual funds are pool of money gathered from different investors and combined together to be invested in different types of securities like stocks, money market instruments, bonds, and other related assets. Professional experts called fund managers manage mutual funds that are operational in allocation the money from investors in these different…

Read More What are the Different Types of Mutual Funds in India?

Demat Account Demat Account

Call it a beginner’s myth or just a common misconception, but a lot of people believe you need a large sum of money to begin investing in the stock market. This myth originates from lack of knowledge of investment or word of mouth communication or maybe someone with bad experience in the stock market. Nevertheless,…

Read More How to Invest in Share Market with Limited Funds?

investment planning investment planning

Before you think this article is an exaggeration, we need to state that, it is indeed possible to accumulate Rs. 1 Crore by saving just Rs. 90 every day. The only catch is that it won’t happen overnight. So in case you’re searching for some otherworldly “easy money scheme” that will bring you everlasting wealth,…

Read More How Saving Just Rs. 90 a Day Can Help You Accumulate Rs. 1 Crore?

person holding coins person holding coins

Every time equity markets experience short-term volatility; doubts begin to cloud the minds of most investors – is it time to discontinue the SIP investment? This is especially true in the case of mutual fund investors who began their investment journey a few years ago, without experiencing drastic market fluctuations. A crucial piece of advice…

Read More Why You Shouldn’t Stop SIPs

Tax Saving Investments Tax Saving Investments

To achieve you long-term financial goals, it is important to start exploring and planning tax-saving investment options and the best way to invest money at the beginning of the new fiscal year. Doing this will help your investments to compound, as it gives you enough time, aiding your long-term goals. If you want to choose…

Read More Top 10 Investments You Should Make Now To Save Tax for FY 19-20

LTCG Tax LTCG Tax

Last year’s 2018 Budget imposed a Long-Term Capital Gains Tax (LTCG) on the sale of both equity shares and mutual funds. So from the fiscal year 2018-19 onwards, the gains made on the sale of shares in excess of Rs. 1 lakh will be taxed at 10% rate. If you are an investor, chances are…

Read More How to Reduce the Impact of LTCG Tax on Your Investments?

mutual-funds mutual-funds

Be it via lump sum or a SIP investment, choosing the right mutual funds can help enhance your portfolio and achieve your financial objectives. However, the abundance of mutual fund investment options can make it hard to decide which one to pick. Sometimes, new investors make the mistake of selecting mutual funds based on their…

Read More Insightful Tips on How to Choose Best Mutual Funds to Invest in According to Your Portfolio

Aggressive Investment Policies Aggressive Investment Policies

When it comes to looking after their hard-earned money, some individuals in India think that simply keeping it in a bank account is the best idea. After all, that is ultra-secure and there is little risk involved for the saver. Once money has been deposited in the bank it is very easy to just leave…

Read More Aggressive Investment Policies Might Now be Advisable

Mutual-Fund-Taxation Mutual-Fund-Taxation

Mutual Funds (MF) are an important investment avenue for many investors. Equity MFs particularly have found favour with investors for their inflation-beating returns as well as being attractive investments as far as tax implications are concerned. Returns on mutual funds can be calculated in a number of ways; here are two common methods: Absolute Returns:…

Read More How are Mutual Fund Returns Taxed?

Down Payment for Home Loan Down Payment for Home Loan

Buying a dream home usually makes it to the top of every individual’s priority list. However, with skyrocketing real estate prices in top cities and even small towns, buying a home becomes quite a pricy affair. Therefore, to assist middle-class buyers in fulfilling the distant dream, the NBFC and banks have introduced numerous home loan…

Read More Tips for Arranging Down Payment for Home Loan