Finance

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:…

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…

Will I be able to use the credit card in the same way that I do with my debit card? In many ways, the answer is YES. There is not much difference in the use of a credit card and a debit card. When it comes to withdraw cash, you can make a withdrawal from…

Every taxpayer must learn about all the legal ways to save tax. Proper tax planning can help you achieve this goal if you spend enough time to determine the ways that can work for you. Consider investing in the right tools to avail of tax benefits. Tax-exempt investments to claim tax deductions There are various…

The Pradhan Mantri Awas Yojana or PMAY is one of government’s most ambitious projects to provide affordable housing to economically backward sections of both rural and urban India. The project has completed four years with over 26 Lakh houses built as a part of of affordable housing. However, it still falls short of the total…

When looking for an ideal investment plan, we all look for certain benefits. To maximize the benefits and tax savings, one needs to narrow down and shortlist multiple tax saving investments. These options offer tax breaks and deductions in adherence to the governmental guidelines. If you are an investor, you might have more preference towards…

You will often hear investors, especially beginners, asking, ‘What is the best stock to buy?’ While this is a relevant question, there is another important question to consider: ‘What is the best time to buy a stock?’ The key to locking in profits lies in knowing when to buy a stock. Once you have gauged…

If problems related to inadequate cash flow are keeping you away from setting up your new business, a business loan is your only remedy. Not everyone is capable of funding one’s own business, and it is absolutely okay to take refuge in business loans for starting a new business. However, getting a business loan approved…

Gone are the days when you rely on just one bank account for maintaining your personal as well as business finances. The need of the hour is to segregate your personal expenses from your business expenditures and keep a clear record of your business revenues. A current account is not even a choice anymore! It…