Finance Minister Nirmala Sitharaman today announced several relaxations in tax compliance rules for individuals and firms and also raised the threshold of triggering insolvency cases to Rs 1 crore from the current Rs 1 lakh. Related to Income Tax FY…
Why Stock Market Crashed ? The Indian stock markets took a sharp plunge with the S&P BSE Sensex and the NSE Nifty 50 falling over 3.5 percent each, wiping out Rs. 5.6 lakh crore of investor’s wealth in the first…
Those who save money in India still hold a traditional view of gold, that it is simple, an excellent investment, a protector of bad times and that all households should consider investing in it. The only option for such investors…
The Union Budget 2020 was presented on 1st February 2020 and Finance Minister Nirmala Sitharaman presented taxpayers with two options: Move to the new tax regime – This tax structure contains seven slabs but one cannot avail deductions under various…
Smt. Nirmala Sitharaman, Finance Minister of India, presented the 1st Union Budget of 3rd decade of 21st century. The budget aimed at energizing the Indian economy through a combination of short term, medium term and long term measures. It has…
It’s no secret that tax is one thing everybody wants to pay as less as possible off or not pay at all. In this regard, section 80C of the Income Tax Act of 1961, gives taxpayers the option to claim…
Index Funds are Mutual Funds that replicate an Index’s portfolio. Index funds are also called index-tracked and index-tied mutual funds since they imitate a particular index. What are Index Funds? Index funds are the mutual funds that work on the…
The year 2020 has just begun and all of us surely must have some plans and resolutions. With finances being the top priority for most of us, there are some strict disciplines that need to be followed. Acting proactively and…
There are two categories of avenues that investments can be categorized into – Financial Avenues and Non-Financial Avenues. While financials are the ones like mutual funds, money market instruments, fixed income products, etc, Non-Financial instruments are real estate, commodities, gold,…
Trading in mutual funds is no child’s play and when you are just a beginner, it is all the tougher. There is so much at stake like time, money, future plans, etc and if by any chance things do not…
