Consumers are in for a good time with EMIs likely to come down and lenders likely to come up with festive season offers on loan rates in the ensuing months.
Young investors have an advantage since the longer you stay in the market, your investments become less risk prone.
Nifty climbing the 10,000 mark and markets at historic highs, 2017 has turned out to be a wonderfully rewarding year for equities so far. A hallmark of this bull-run is the big participation from retail investors - people like you and me who have learned about the power of investing via mutual funds.
You should efile your returns well within the stipulated deadline to avoid penalties and future problems with the tax department.
RBI has asked banks to work towards enabling bank account portability.
We are sharing below certain thumb rules which must be kept in mind before making investment / financial decisions.
Missing ITR filing in time will attract a penalty of up to Rs 10,000, but from AY 2018-19.
Investment advisors and commodity experts believe SGBs should be a preferred route for investment instead of the physical metal.
Investment in short-term debt funds provides low average maturity periods and helps in delivering higher returns than other bank fixed deposits.
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.