Gold – Pros and Cons!

There is a famous saying “A friend in need is friend indeed”. If we talk in financial terms this statement can be rephrased as “A financial asset in need is a financial asset indeed”. Normally every individual investor builds a portfolio using a lot of financial assets but is he aware which option in the… Read More »

7 golden ways to beat inflation woes!

The situation in most Indian households and corporate offices today shows one major action taken – cost-cutting. This action is attributed to the inflation rates in India as well as the looming global recession. Inflation is defined as a sustained increase in the general level of prices for goods and services.

Tax evasion and its implications!

Individuals have the freedom to self assess income and pay taxes. That doesn’t mean that if you do not declare a particular stream of income to evade taxes, you will go scot free! Tax evasion is an illegal activity which entails not filing income tax returns altogether or misrepresenting the tax payable amount. It is… Read More »

How a Credit Card works?

Credit Cards are a part of our everyday life. We use plastic money to pay for our groceries, utility bills, shopping and many more. But have you ever wondered how a credit card actually works? What happens in those fractions of seconds when you swipe your card? How the money does reach merchant? And how… Read More »

Manage your credit card!

A credit card is a useful tool, when managed judiciously but a lurking danger if you mismanage it.  One of the first things you need to keep in mind, is read the term and conditions when you apply for a credit card. It could be a laborious process but something that has to be dealt… Read More »