Mutual funds, too, have risks in varying degrees. One must analyse risks before picking any investment instrument.
The RBI recently released guidelines outlining the amount of loss that will have to be borne by a customer in case there is a fraudulent transaction linked to his or her bank account.
Pradhan Mantri Vaya Vandana Yojana, Post Office Monthly Income Scheme and Mutual Fund Systematic Withdrawal Plan can help one plan finances better
UPI has a unique feature of creating a virtual address through which you can transfer money without disclosing your account number and IFS code (IFSC) to the receiver.
With gold losing sheen and real estate prices cooling off, we believe Indian households will prefer financial products for savings.
The Pradhan Mantri Vaya Vandana Yojana (PMVVY) pension scheme will be formally launched by Finance Minister Arun Jaitley today.
The two instruments serve different purposes and are typically not an “either-or” choice. EPF gives guaranteed returns while NPS has market-linked schemes.
'Sometimes even after your best performance, your boss may give you a less-than-expected increment.'
The main purpose of investing in FDs is to enable individuals to earn a fixed rate of interest during the entire tenure of the deposit.
The money is required for expansion and the payments bank will prefer to raise it from a strategic investor rather than a financial investor.
It is essential for anyone who wants to take control of their financial life, make informed money decisions and achieve financial independence
Both the advisor and the investor should agree upon what action should be taken when the market conditions are rough
It is a good idea to reassess one’s savings and expense budget in view of the increased monthly income. However, one should wait and see the actual impact of the hike on net pay.
When claiming deductions in the new form, you need to check the specific sections as only Section 80C, 80D, 80G & 80TTA are mentioned. The rest have been merged in a single window.
SIPing before TIPing – why is this one of the biggest mistakes an investor can make.
The investment assistance project is piloting with 1,000 users and is expected to be introduced by end of the year or next year. The product will also have an option for users to invest directly through the portal in mutual funds under ELSS or book a SIP.
Filing your tax return is one way of having a legitimate proof of your income. It also helps you establish a good record with the I-T Department.
Money, investment, wealth, these are important facets of personal finance but they become meaningless without one fundamental pillar - your health and a strategy to mitigate financial strain that may arise in case of a health emergency.
‘Most alternative investments have lower volatility than investments in stock market indices.’
GST is expected to have a mixed impact on the prices of the goods and services
The process of online submission of claims for availing PF withdrawal benefits (Form-19), Pension (Form 10C) and PF Part Withdrawals (Form 31) does away with the employer’s intervention in the process.
If you are looking at a pure protection product to safeguard your financial responsibilities in your absence, you should buy term insurance plans.
Currently, an account turns into a non-performing asset (NPA) or bad loan if it is not serviced for 90 days
The UPI (Unified Payment Interface) based app was aimed at facilitating e-payments through banks.