Have you ever wondered how lease accounting impacts your rent payments and overall financial health? Lease accounting is more than just a technical requirement—it’s a critical component that can influence your financial strategy and transparency. Learning its significance allows you to accurately reflect each rent payment in your financial statements, paving the way for improved […]
Understanding e-Mandates: Streamlining Fixed Income Investments at Tap Invest
Tap Invest offers a diverse platform for fixed-income investments, including bonds. To ensure a smooth and hassle-free experience, we leverage e-Mandates, a convenient digital authorization system. This article delves into e-mandates, explaining their meaning, their role in recurring payments like fixed-income investments, and how to handle potential rejections. What is an e-mandate? An e-mandate, short […]
NSC Interest Calculator: Estimate Your Returns Year-Wise
Introduction: Provide a brief overview of the National Savings Certificate (NSC), its popularity as a fixed-income investment, and the importance of calculating returns using an NSC calculator. Mention how it helps investors plan and estimate the maturity value over time. What is an NSC Calculator? How Does an NSC Calculator Work? Example Calculation: Benefits of […]
Why Fixed Rate Bonds Are Perfect for Conservative Investors in 2024
Fixed-rate bonds are attractive investments for individuals looking for stable, predictable returns. These bonds provide investors with a fixed interest rate for a specified term, making them a reliable choice for those who wish to avoid market volatility. What Are Fixed Rate Bonds? Fixed-rate bonds guarantee a fixed interest rate throughout the investment period, providing […]
Understanding Rebate on Bills Discounted in Corporate Accounting
A company’s financial health can be influenced by something called a rebate on bills discounted. It occurs when a loan or promissory note is paid off before its maturity date. The lender hasn’t yet earned all the interest or discount, so that unearned amount is treated as a debt. Learning how this works helps manage […]
Applying for Loan Against Bonds in India
Are you sitting on valuable bonds but need cash urgently? You’re not alone. In fact, many investors face this dilemma. With a loan against bonds, you don’t have to sell your bonds to get quick liquidity. This method allows you to borrow money while your bonds remain in your portfolio, continuing to generate interest. It’s […]
ESAF Small Finance Bank FD Interest Rates
Fixed deposits (FDs) are a popular and safe way to invest money, offering a guaranteed return over a set period. ESAF Small Finance Bank, known for its focus on innovation and making financial services accessible, offers various FD plans for different types of customers, including residents, senior citizens, and NRIs. They provide FD interest rates […]
Understanding the Difference Between Direct and Indirect Taxes
Introduction: Taxes are essential to any economy and fund public services and infrastructure. In India, taxes are categorised into two main types: direct and indirect. Understanding the difference between these tax types can help individuals and businesses manage their finances better and comply with legal requirements. What Are Direct Taxes? Direct taxes are levied directly […]
How to Invest in Bonds in India: Best Bonds & Simple Steps
Investing in bonds is an effective way to diversify your portfolio, offering a stable and predictable income stream. For those who prefer lower-risk investments compared to equities, bonds provide a secure option with fixed returns. At TapInvest, we offer a wide range of bond options to cater to various investment goals. In this guide, we’ll […]
Old vs New Income Tax Slabs for FY 2023-24 and AY 2024-25
India’s tax system offers a choice between the old and new regimes, and the decision could impact your finances significantly. The new tax regime, introduced in the Union Budget 2020, aims to simplify taxes by offering lower tax rates but with fewer deductions and exemptions. As of FY 2023–24 and AY 2024–25, this new regime […]