India is the second-highest gold consumer in the world after China. This shimmering financial asset also acts as a hedge against inflation and deflation. Today, people invest in gold in multiple ways like gold ETFs, Gold Mutual Funds, purchasing jewellery, etc. Here, you’ll learn the differences between gold ETFs and Gold Mutual Funds.
Whether you're a first-time buyer or purchasing a second home as an investment, you can take advantage of tax breaks on home loan interest and the principal amount. Here are the tax benefits of using a home loan to finance your property purchase
If you want to transfer the money you can use either of these online methods. Account holders in India prefer NEFT and IMPS methods of online fund transfer. Know what they are and the difference between NEFT and IMPS
No matter how much your income is, if you want to save your money, then a proper financial planning is a must. If you are a salaried person, you must have some plans to save your income tax every year.
Everyone needs some quick cash to meet their unforeseen financial emergencies. If you approach a bank for a loan, it’ll take you forever to get your application approved. The next best alternative to put your money crunch problem at bay is via a credit card.
The no-claim bonus is the most sought-after method to reduce the cost of motor insurance premiums. This is a benefit that an insurance company offers the policyholder in exchange for taking care of the vehicle and not making an annual claim.
Getting a loan in today’s time is a bit cumbersome as it involves a lot of verifications. And of the many criteria that the lenders opt for before approving the loan, is to check the CIBIL score.. It’s a three-digit figure issued by Credit Information Bureau of India Limited. This score ranges from anywhere between 300 to 900.
Despite the fact that mutual funds frequently contain stocks too, mutual funds and stocks have distinct characteristics that can appeal to a wide range of investors with different needs and financial goals. Scroll down to know the key characteristics of stocks and mutual funds.
Many people wonder why youngsters these days are preferring to rent rather than buy a property of their own. Do they not want the security of a roof of their own on their heads? Do they shy away from financial liabilities that such a purchase may bring? We look at the whys of this decision.
Effective personal money management begins with financial planning. It consists of three key components: a realistic budget, well-defined financial goals, and real-time tracking.
The secret to building wealth lies in the early start of your finance journey. But before you begin, consider these five important things.
The Portal for Pension Payment and Tracking System is being integrated with Pension Seva portal of SBI and this would enable Pensioners to get all information and services at one place with single login.
Having a better job won't improve your personal finances. What will help is improving your money management skills, so you can save, invest and achieve financial goals that you once thought were impossible.
Gratuity is a statutory right of an employee and not a bounty offered by an organisation. For all of you who are not aware of what gratuity is, when it is paid, what is the eligibility criteria and how it is calculated, scroll down. Gratuity is a statutory right of an employee and not a bounty offered by an organisation. For all of you who are not aware of what gratuity is, when it is paid, what is the eligibility criteria and how it is calculated, scroll down.
In its monetary policy announcement dated September 30, the country's central bank RBI raised the repo rate by 50 basis points to 5.90% to combat inflation.
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