Fixed Deposits (FDs) are like safe harbors for your money, offering stability and guaranteed returns in India. But, there’s a hidden challenge: understanding and dealing with Tax Deducted at Source (TDS) on FD interest. In this straightforward guide, we’ll break down the complexity, helping you make the most of your FD returns while keeping tax […]
The anticipation surrounding the Union Budget and the Union budget expectations for the financial year 2024-2025 is visible as the interim budget is scheduled to be presented on February 1, 2024. While it is labelled as interim, the significance of this budgetary announcement cannot be understated. Finance Minister Nirmala Sitharaman hinted that the upcoming budget […]
Credit cards have been promoted as powerful financial tools by fin-influencers and financial geeks. With only 4.4% of the Indian population holding active credit cards, alternative avenues like Buy Now Pay Later (BNPL) and Credit Cards Against Fixed Deposits (FDs) have gained prominence. In the flourishing digital landscape of India, a fantastic credit tool took […]
In the dynamic landscape of India’s financial ecosystem, credit rating agencies play a pivotal role in shaping lending decisions, investment strategies, and overall economic stability. Understanding the nuances of credit ratings is crucial for individuals, businesses, and investors. In this comprehensive guide, we delve into the intricacies of credit rating agencies in India, shedding light […]
Electoral Bonds Latest Update (15th Feb 2024): On Thursday, India’s Supreme Court made a significant decision by banning electoral bonds, a source of funding for elections that has long been shrouded in mystery and has contributed to substantial revenues for political parties. Presided over by Chief Justice of India D Y Chandrachud, a five-judge Constitution […]
Investors are increasingly seeking diversification and higher returns, particularly in sectors aligned with global initiatives to reduce carbon emissions, such as renewable energy and electric vehicles (EVs). Transportation-related pollution has long been a pressing issue, prompting a shift from fossil fuels to alternative energy sources like compressed natural gas (CNG) and ethanol blends. Now, the […]
Commercial Real Estate and rental yield have been enduring favorites as fixed-income investment options in India. Real estate, contributing 7.3% to the Indian GDP according to the India Brand Equity Foundation (IBEF), has long been regarded as a secure and profitable investment. Despite its historical appeal, the real estate landscape is in a constant state […]
