Income Tax Benefits For Women
India is a progressive country, and just like our country, our Income Tax system is also progressive in nature. Progressive not just because the amount of income tax increases with the increase in income, but also because of its approach that keeps progressing with the changing outlook of the people and financial scenario of our country. As it’s the month of March when we celebrate...
Savings Account vs Fixed Deposits: Which is better?
Everyone, for at least once in their lives, would have faced a question, what should they do with this sum of money? Whether they go ahead and deposit their hard-earned money in their savings account or make a fixed deposits with their banks? Both sides of this question look equally pertinent given the fact that any decision about parking the money must be made only after answering all...
Safest Investment with high returns in India
Never depend on a single income, invest to create a second source “Warren Buffet” In a nutshell, this implies if you don’t make money while sleeping, you will have to spend your entire life working. Worried? Don’t know where to invest? Always remember the first rule of Safest investment is not to lose and the second rule is to not forget the first rule. ...
Understanding Insurance Premiums
It would be apt to say that insurance has become one of the most important necessities in the modern form of life. With rising insecurities about various accomplishments of life, insurance provides a much-needed relief in terms of assurance. It has also quickly become one of the components that employees receive now. It is also one of the most crucial financial decisions that one needs to...
Gold ETF – Features, Investment Process, Tax Efficiency
Indians have a long but not lost history with gold. Indians are well known to pass on their gold jewelry from one generation to another. It has a deep-rooted significance that allures people into buying more of it. With this thought in mind, a Mumbai based mutual fund house, Benchmark asset company launched, the first-ever gold ETF (Exchange Traded Fund) known as Gold BeES on NSE (National...
Balanced Advantage Fund Should You Invest
Balanced Advantage Fund or Dynamic Asset Allocation Fund belongs to the category of Hybrid Mutual Fund Schemes. These funds primarily invest in asset classes like Equity and Debt. Advantages Of Investing In BAF The prime advantage of investing in the Balanced Advantage Funds or Dynamic Asset Allocation Funds is that the fund manager can keep changing the allocations based on the market...
6 Key Tax Changes In Budget 2022
Though the common man of India along with most of the salaried individuals had expected changes in the income tax slabs, changes in the income tax rates, hike in the standard deduction, hike in basic exemption limit, section 80C limit, work from home tax benefits and more… But none of them were initiated in the Union Budget 2022-23. Though Finance Minister Nirmala Sitharaman did not make...
Decode Budget 2022 – Progressive and Growth oriented
BUDGET 2022 Analysis Table Of Content Disinvestment TargetsEconomyFinanceDefenceInfrastructureAutomobileRailways The Union Budget for the fiscal year 2022-23 is primarily focused on Infrastructure, Capital Expenditure & generating Employment. This is indeed a positive step towards long-term economic development. DISINVESTMENT TARGETS One of the prime highlights of this...
SIP Or Lumpsum Which Is Better?|SIP Vs Lumpsum
Investing in mutual funds is definitely not as simple as investing a large amount of capital and then withdrawing is once you earn profit. It involves many more activities like setting financial goals, identifying investment opportunities that match with your goals, understanding the difference between short-term and long-term investments, maintaining the required diversity in your...