Vikram, age 30 years, is very meticulous when it comes to tax planning. He has a knack to study key income tax sections which could help him save as much tax as possible. He strongly believes in the proverb - A PENNY SAVED IS A PENNY EARNED. Being a...
Read MoreShould One Stop Investments in Mutual Fund SIPs in The Election Year?
Effect of Elections on SIP Returns For a lot of investors, the Indian equity market has been quite unexpected. The September came with the bad news as there was an 11.5% drop in 50-share Nifty. Others who have invested in mutual funds through...
Read MoreRBI Cuts Repo Rate by 25bps, Loan EMIs May Get Cheaper
Good news for the Indian economy as Reserve Bank of India’s Monetary Policy Committee (MPC) has announced a slash in the repo rate rate by 25 bps in its meeting held on October 4, 2019. With this cut, the repo rate is now down to 5.15% from the...
Read MoreDo you know how much money you need to retire?
How would it feel to live without a salary for 20-30 years? To be precise, that’s what retirement is all about! Financial concerns are the biggest roadblocks on the path of retirement for many Indians. A clear reason for this is that one may have...
Read MoreHow to Avoid Personal Loan Traps
Financial ups and downs are very common for every person and no one can claim that they never faced such situations. May it be the richest person in the country or the top financial institution, everybody had to face such situations now or then when...
Read MoreThis is why checking your CIBIL won’t affect your Credit Score
According to TransUnion CIBIL, the leading credit bureau of India, about 80 percent of loans are approved for individuals holding a score higher than 750. There are various factors that influence a credit score like - payment history, outstanding...
Read MoreAll About CIBIL 2.0 – What’s New
You must have heard about CIBIL score, your credit health indicator. But, have you heard about CIBIL 2.0? Its an updated version of Transunion CIBIL score which is gradually being adopted by the banks after considering the changing consumer profile...
Read MoreBest Credit Cards for this Diwali Season
With Diwali just a few days away, you must be busy making arrangements to make it memorable. Not only you spend on pooja rituals, but also like to gift your family members mobile phones, clothes, accessories, etc. With the festive mood around,...
Read MoreShould Millennials Invest In Stocks Or Mutual Funds?
With spending of 69% income every month, millennials use 50% of their earning for paying EMIs and household expenses. Millennials or Gen Y functions with a new thinking and old-school ways of savings and income spend is not their cup of tea. While...
Read MoreNBFCs That Offer 10% Interest on Fixed Deposits
Make hay while the sun shines. The saying fits aptly to fixed deposit market whose weak sentiments seem to be a thing of the past with returns starting to tread the upward territory. The latest is that the leading pressure cooker manufacturer...
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