Author
Diversification is nowadays the key objective of making mutual fund investments. It is a very crucial element in order to stabilize your portfolio. Diversification can be well explained with the example of an organization. Take up any organization, company or…
Now that the new financial year has started and the markets and market-dwellers are working in full swing, it is time for you to pull-up your investment shoes and look for the best SIPs. God forbid, this is a tenacious…
SIP or Systematic Investment Plan is an investment method in mutual funds which has been the talk of the town off-late. Almost every household knows about mutual funds, ‘Mutual Fund Sahi Hai’ campaign and the systematic investment plan. In December…
By now most of us are aware of what SIP or systematic investment plan is and how it works. Just to brush up the concept while we process further, SIP is a method or way of investing in mutual funds…
SIP or systematic investment plan is a method of investing which allows the investor to invest periodically. The periods may vary from monthly to quarterly to yearly basis. Traditionally, one-time or lump-sum investments were made is the desired stock or…
Average monthly balance (AMB) is now a mandate from banks to keep or hold a savings account. The minimum balance varies depending upon the demographics of the bank. It may be in urban, rural, semi-urban or metro area. Major leaders…
TDS ON SALARY Tax Deduction at Source is a way of collecting tax from the salary or other sources even before transferring the salary to the employee. TDS is ruled under the Income Tax Act, 1961 where the income tax…
The power of compounding has lately been realized and used to utmost advantage by a niche segment of people. There are still so many of us out there who do not understand the power of compounding. In the words of…
Amongst the various instruments available in the market, cheques are the most popular ones. They are a traditional method of banking and making money transactions. With the technological advancements and upgrading of the systems, people now days prefer using the…
For individuals whose total income from all the possible sources does not fall under any taxable bracket of the Income Tax Act 1961, during the preceding year, need to file the taxes in order to claim the returns on them….
