Employees’ Provident Fund (EPF) is a debt fund where after a lock in period of 5-10 years you will be able to redeem your investment. But due to its lock in period, many investors find it difficult to prematurely withdraw funds in case of any emergencies. Opting for loans like personal loan, home loan or… Read More »
With Reserve Bank of India’s (RBI) interest hike, interest rates on loans have gone up by 2%. Although the percentage might not seem very significant, for loan borrowers it means an increase by a lot! If you are a home loan borrower, after these hikes you may be forced to consider one of the following… Read More »
With the current highs and lows of the market, mutual funds seem to be the best and most profitable bet for mutual fund investors as the way to accumulate higher profits and gains for their investments. Investment managers may also help a fund prosper in troubling times, by helping money grow in a quicker and… Read More »
In this 21st century, consumers have a wide variety of goods and services to choose from. Thanks to the increase in the consumption power of the people, there are a wide variety of companies offering their products and services for sale, thereby giving you the choice to choose the best product at reasonable prices. This… Read More »
Fixed deposits have always known to be the favorite avenue for investors, owing to their tendency to withstand the twists and turns, turbulence and fluctuations of the market with constant grace and consistency. Although there were reports that there are quite a few chances for a slash in the interest rates offered by banks, even… Read More »
The Akshaya Tritiya is supposed to be one of the most auspicious days to buy gold. According to Indian belief, this day is blessed by the goddess of wealth and investment on this day would grow throughout the year. The jewelers and gold traders wait for this occasion to push up the sales.
Gold is one of the most influential financial instruments in the India. Banks, NBFCs and unorganized lenders are actively engaged in providing loans against gold value. The loan against value of gold has played a great role by providing liquidity for an idle asset kept in the lockers.
Empirically, the percentage of investments just before 3-6 months of tax filing climbs up while it becomes a bit subdued post the tax filing season. Why such a scenario? What is the relationship between tax filing and investment?
Gold is said to be the most-favored investment instrument in India. In year, 2011, India imported 969 tons of gold, which was much higher than the previous year. In every Indian wedding gold shares a major part of total bill and it is regarded as women’s most secured treasure. India’s main gold suppliers are Australia… Read More »
If you and your spouse earn similar incomes, then its best to opt for an equal co-ownership of the property and split the tax benefits of the home loan equally as well. In case one of you fall under a smaller tax bracket, it is good to let the partner with the higher pay make… Read More »