In most cases, we tend to invest in mutual funds with a long-term perspective. This is primarily because the compounding benefits unfold in long term. Mutual funds basically pool money…
Are Your Debt Funds in Trouble? Should You Exit Your Investment?
There are various types of mutual fund schemes where we can invest. Equity and debt mutual funds are two of the most popular investments. While investors with a higher risk…
Overdue Fixed Deposits & their Impact on Interest Rates
Fixed deposits are one of the safest investment options and again gained popularity after the recent interest rate hikes. After the recent hike of 35 basis points (the 5th time…
Rule 132 Of The Income Tax Act – How Does It Affect You?
This recently added rule is important for anyone in charge of managing a business. In this blog, we will be talking about the new change, why this change has been…
Are E-Wallets Replacing The Actual Wallet?
Digital wallets are convenient and easy to access, and you can take them literally anywhere without the added weight. Imagine that you can carry your multiple cards in just your…
Millennials’ Crazy Ways To Save Money For Retiring Early
Gone are the days when people used to retire after their 60s. The younger generations want to live life to the fullest and that includes retiring from their jobs as…
Advantages & Disadvantages Of ELSS Tax-Saving Mutual Funds
More and more Indians are opting for ELSS funds as their go-to investment choice for saving taxes. Apart from helping you save taxes, they also help you grow your wealth….
Difference Between Savings And Investments
Savings And Investments Saving and investing money is highly important if you wish to achieve your goals and secure your future. The terms, however, have always been used interchangeably. Many…
How To Avoid Penalty on Premature Withdrawal Of Fixed Deposit
Bank Fixed Deposit (FD) is one of the most popular investment instruments in India. They are loved by many, as they are considered to be safe and earn guaranteed returns….
Top 10 Benefits of ITR Filing in India
Benefits Of ITR Filing Every Indian, who starts earning a certain amount of income, has to pay income taxes in our country. Figuring out how much tax you need to…