Mutual funds are one of the only instruments that provide lucrative returns and tax benefits. The introduction of the equity-linked savings scheme (ELSS) mutual fund as a mode of deduction…
When is the Right Time to Invest in Lump Sum and SIP?
Mutual fund schemes are one of the most preferred investment avenues for investors. Investors can invest in mutual funds through lump sum investment or a Systematic Investment Plan (SIP). However,…
Why Is It Important To File Tax Returns?
Income Tax Returns (ITR) filing is one of the key compliances under the Income Tax Act of 1961. It is an annual return that should be filed by taxpayers who…
Fixed Deposit Tips: Why and How to Invest in Bank FDs?
Are you new to investing in a fixed deposit? If yes, you need to know why students, professionals, and senior citizens should invest in a fixed deposit. The best thing…
Looking for ways to increase your home loan eligibility?
Read on to learn solid tips and tricks and get a higher home loan sanctioned. 1. Improve Your CIBIL or Credit Score Your credit score determines your creditworthiness. In simple…
NPS vs SIP: Which is the better way to grow your money?
Introduction When it comes to growing your money, the choice between NPS (National Pension System) and SIP (Systematic Investment Plan) can be pivotal. The main advantages and distinctions between NPS…
Taxation Of Bond Investments
Taxation Systems For Various Bonds In India Bonds are one of the most ideal investment avenues for generating passive income. They are less volatile as compared to equity investments. However,…
Get Loan Against Mutual Funds
Most people dive into their savings and liquidate their mutual fund investments in a financial crunch. However, there are other solutions for meeting financial needs. Taking a loan against mutual…
How EPF Interest is Taxed
Introduction Employee Provident Fund (EPF) is a great tool for employees to inculcate savings and investments. Further, the tax benefits associated with EPF make it a further lucrative option for…
Pros & Cons Of Investing In Mutual Funds In A Minor’s Name
Can you start investing in mutual funds in a minor’s name? Yes, parents or legal guardians of minors (below the age of 18 years) can invest in mutual funds on…
