Are you a Yes Bank Customer? If Yes, No need to panic.
Suddenly after last evening, everyone is getting nervous about the whole situation as RBI placed Yes bank under Moratorium. First of all, calm down. Let’s first understand what actually happened. Although it seems to be a sudden move taken by the RBI , it has not come overnight. Post IL&Fs crisis Reserve Bank was in constant touch with the banks to find out undisclosed...
10 Reasons Why You Should Go for Online Term Insurance?
You can never be sure of what is there for you in the future. You are having fun and enjoying the present moment…
Top Tax Saving Investments and their Returns
It is that time of the year when the salaried as well as the non-salaried hunt for various tax-saving investment avenues. A smarter approach is the one where tax-saving is taken up early in the year rather than making it a later affair. When one chooses a tax saving investment there are a few factors that need to be considered like safety, returns, lock-in, and liquidity. Here are various...
Best Tax saving funds in 2020 – ELSS
When it comes to saving taxes, there are myriad options available but nothing works like Equity Linked Saving Scheme. ELSS or Equity Linked Saving Schemes comes with a lock-in period of 3 years, which is the shortest holding compared to all other tax savings. By Investing in ELSS, one can attain deductions up to INR 1,50,000 from their taxable income as per Section 80C of the Income Tax Act....
Mutual Fund 101
Savings is a habit you cannot force on anyone. It has to come naturally. People have to understand the importance of it, that’s the only time…
FM Throws A Lifeboat To Save The Sinking Economy
Union Finance Minister Nirmala Sitharaman addresses the concerns over the on-going economic slowdown in the country after Moody’s Investors Service reduced India’s GDP growth rate to 6.2 % from the previous estimation of 6.8%. The intent to announce a slew of measures to revive growth in the economy was to understand the concerns of the industry and help the sinking economy. The FM gave...
Are Investors Really Bleeding In This Weak Market? – The Best Time To Accumulate
The volatility and the current market performance allude the investors to adopt newer strategies to tide through the current faltering market conditions.Is it time to move out of Equity Market?Or is it time to reconsider your asset allocation? The selling pressure is visible with the fall in MidCap stocks at a volume of 10k-20k shares; we can call it selling or capitulation. Where even 20k...
A Relief for Taxpayers Earning Under Rs. 5 lakh
Tax season brings with it a set of concerns regarding the rules and regulations which need to be followed, but these need not be confusing for you! We’re here to help you understand every aspect of the Income Tax Filing process to make it a smooth transition. What’s more, with the kind of changes introduced by the government for AY 2019-20, filing taxes has become easier than ever! For...
A Look At The New Changes In GST For Homeowners
The Government of India has been introducing (GST) all kinds of new regulations for Income Tax Returns (AY 2019-20), which needs to be filed by 31st July this year. The good news is that most of these reforms have made the filing process more fluid. For instance, if you are the owner of house property which is under construction, good news awaits you! In a move that brought a...