Imagine a loan without any credit checks or documentation? Yes, it is possible using cryptocurrency. Crypto-financing is trying to replace the traditional financial system. Read to know how?
Turning 30 years old is a major event in everyone’s life. They say you lose your youth once you are 30 years old.
A stock exchange is an entity authorised by the government through which a listed company’s securities are traded.
Market volatility is nothing but market movement due to various factors. Which are not our control. Market volatility is the only constant that comes with equity-linked investments.
You will find many investors making financial decisions based on emotions. You must base your investment decisions on solid market research rather than an emotional response. Read on to learn more.
Not every investment you make is based on the sole intention of earning returns. There are certain investments where returns never matter.
You could purchase gold as a strategic investment. Read on to learn more about gold investments.
Getting your first job is one of the most important milestones in your life. It adds more responsibilities on your shoulders. And you must know everything related to your finances.
The ratings (also called safety ratings) given by the credit rating agencies like CRISIL. ICRA or CARE may affect your decision to invest in Fixed Deposits.
Learn how to diversify in the time of market volatility and how it affects return on investment.
ETF and FOF are different from each other by pricing. Expense ratio. Taxation, etc. ETF are traded in the stock exchange and FOF functions as mutual funds.
You would find the tourism and hospitality sector generating employment while being a primary foreign exchange source for the country.
Rupee devaluation results in imports becoming dearer. Inflation is affected as well. But it is good for exports! Here are 4 ways in which it affects your investments.
You must invest if you have a clear objective in mind. Otherwise, you will never attain your financial goals. Read on to learn more on investments.
Millennials have inclined towards freelancing in recent times. There is a shift of mindset amongst the people who previously viewed the freelancing career to be insecure. With the advancement in technology, youth a
You have many investors suffering from financial inertia due to the fear of making the wrong financial decision. Read on to learn more.
The price of Bitcoin is currently on a stellar run. It has seen steep appreciation ever since the start of 2021 on the back of positive developments.
Here is a list of 4 types of insurance that you should have when you turn 30. Investing in these insurance types will give you overall protection for everything and everyone dear to you.
Whether it’s first or not. A salary credit always amuses us all.No matter the amount of salary. One should always have a plan of how the salary is put to use. If you overspend. Then the best way is to use the formula of ‘Income Less Savings equals Expenses’ instead of the reverse.
Just as the prices of stocks and currencies move up and down due to various reasons. The price of Bitcoin as well fluctuates.
Many young techies have been focusing on physical fitness lately as they are seeing people who are encountering health issues due to the nature of their cool desk jobs.
Banks and NBFCs offer home loans at low interest rates to help you purchase your dream home. Read on to learn more.
A child comes with a lot of responsibilities for parents. All parents strive to give the best to their children and secure their child’s future. Planning your child’s future well in advance will prepare you for many stages of your life.
Save money or increase your savings by following simple tricks regularly. These tips are easy to follow.
It is well known that millennials struggle to manage their finances efficiently. Despite earning a reasonable sum. They still live from paycheck to paycheck.
You may consider learning to manage your finances from your parents. It helps you make sound financial decisions and grow wealth over some time. Read on to learn more.
Are you considering buying a car and contemplating buying a ‘new car’ or an ‘old one’?. You have to evaluate the cost-effectiveness while you make this decision
Know the things to keep in mind before starting with your investments. The key points will help one to invest in the right direction.
True. Wealth cannot be produced in a single day. But it is not difficult to accumulate wealth over time if one is consistent and disciplined in investing.
Some developments in the markets. Changes in your financial requirements and investment profile call for reviewing your financial plan.
Managing a wedding is not an easy job. No matter how much you and your parents have financially planned for the big day. Read here for more.
You may find many people working throughout their life and never achieving financial freedom. Read on to learn more about financial freedom.
Are you confused about whether to buy a car or just book Uber/Ola? Let us crush some numbers and draw a comparison between using cab services daily and buying a car to understand the most cost-effective and best-suited option.
To reduce a debt burden. One should evaluate the proportion of loan against the earnings. Include the debt liability into your budget and avoid any delay in repayment of any loan
We just want our money to double in value and look for ways to do so in the shortest time possible. Continue reading this article.
Financial freedom is a monetary status that lets you free from doing a job to earn your living or need an active income source to cover your living expenses.
You may find an economic slowdown having a direct or indirect impact on your finances. Read on to learn more on how to prepare for an economic slowdown.
Gather all of your financial statements. Including bank statements. Savings accounts. Credit card bills. And so on before you begin.
You may get a reward from your company for the work and dedication to the business through an end-of-year bonus. Read more on how to invest a year-end-bonus.
Learn who should invest and how to construct in high returns portfolio. Also, get to know about alpha and beta in mutual fund portfolio
You can also become a crorepati if you regularly invest in equity mutual funds. Read on to learn more about equity funds.
Here are the six things to learn from the Financial Crisis of 2008 and how it lead to a roadmap for financial reforms.
You could consider these six best investment options if you are a self-employed individual. Read on to learn more.
You will find companies focusing on human capital to increase productivity and, thereby. The Company’s financial capital. Read on to learn more.
The collapse of the US housing bubble, which peaked in FY 2006-2007, was the primary and immediate cause of the financial crisis.
ClearTax’s mission is to simplify finances for Indians. With this intent. We have already simplified the tax-filing process for individuals.
With the intent to simplify finances for Indians. We recently launched the BLACK by ClearTax app. If you don’t have it on your phone yet. Get it now from Google Play.
Investors have made attempts worldwide to duplicate their portfolios on a smaller scale to gain proportionate returns. Read this article to know more.
The shape of existing retail banks is changing. Owing to competition from fast. Focused digital newcomers eating into revenue streams.
Physical gold is not a common investment among millennials today. Investing in gold may also include paperless gold such as ETFs.
When it comes to investing. There are two groups of individuals. They make a lot of money by manipulating market irrationalities.
If you have many credit cards and have surpassed or are about to exceed your credit limit on one or more of them. You are likely to be in debt.
Insurance and investment are two of the essential parts of personal finance. Know which of the two are picked up based on varying preferences of a person.
Depreciation calculator : Use ClearTax Depreciation calculator to calculate depreciation in both Straight Line Method (SLM) and Written Down Value Method (WDV).
Payback Period Calculator : Curious about the time within which you can get back your money?. Enter the initial investment and annual cash inflows in ClearTax payback period calculator to get the payback period.
Lease Calculator India : The ClearTax lease calculator allows you to calculate monthly lease payments. Total payments. And total interest paid. Just enter the required details such as asset value. Residual value. Lease term and interest rate to get the results.
Down Payment Calculator : Use ClearTax down payment calculator to know how much amount you need in hand to purchase an asset. Enter the required particulars and get to know the cash needed. Down payment. Processing fee. Loan amount and monthly payment.
Are you planning to save a lumpsum amount for the future? Use ClearTax present value calculator to know how much amount you have to invest now to get a certain amount of money in the future.
Calculate returns on lumpsum investments – The ClearTax lumpsum calculator helps you to find out the total wealth gained on an investment. Simply enter the investment. Period and expected returns to know the wealth gained.
Use ClearTax future value calculator to calculate the future value of initial and periodic investments at a specific interest rate. You can get to know the total investment made. And the total interest earned.
Use ClearTax discount calculator to know the amount you saved as the discount. Enter the original price and discount percentage or discount amount to calculate the discount and price after discount.
Compound Interest & Simple Interest Calculator – Use ClearTax compound interest calculator to calculate simple and compound interest. Simply, enter the details of the principal amount. Interest rate, period. And compounding frequency to know the interest earned.
Knowing the goal before-hand is beneficial as it helps investors in deciding the structure of their investment portfolio.
Most novice investors have an illusion that mutual funds invest only in stocks. Mutual funds are broadly classified into equity, debt. And hybrid funds.
Although both market value and intrinsic values are a way of evaluating a company. There is a significant difference between the two.
Buyback of shares and dividend payouts are the two ways in which companies payout their shareholders when there are surplus funds.
Coronavirus & Investing: The markets may be down today. But will not remain the same for a long time. The current market situation is induced by a pandemic and will not prevail.
SEBI defines overnight mutual funds as open-ended debt funds that invest predominantly in the overnight assets and securities.
When it comes to mutual fund investments. You should not only invest money but also your time. Because here time is also money!
Liquid funds and fixed deposits are two of the most popular investments that are considered safe. Investment horizon must be assessed before investing.
An organisation is said to be ESG compliant if it meets all the criteria of environmental, social. And governance standards.
Millennials are turning towards mutual funds as they get a much-needed flexibility of investing a small amount frequently.
Individuals and families falling under the upper-class category are financially well off. These are the ones who know the value and importance of investing.
Individuals belonging to the upper middle class earn an annual income of at least Rs 8 lakh. These individuals are wealthier than at least 60% of Indians.
Alpha and beta are two of the most commonly used parameters to measure the performance of investment vehicles that are linked with financial markets.
MutualFundsSahiHai is a mutual fund campaign run by AMFI. It promotes mutual funds in various channels. The most prominent being the TV advertisements.
Portfolios of investments can be managed in two ways. Depending on how actively they are managed. Active management of investments includes relentless trade
Digital gold is issued by the state-owned MMTC (Metals and Minerals Trading Corporation of India). Which is associated with PAMP (Produits Artistiques Métaux Précieux). Switzerland. Who is a global leader in branding bullion. By investing in digital gold. You purchase 24K 99.9% pure gold digitally.
Two of the significant expenses that a parent of a girl child would have to bear is higher education and marriage. This needs long-term planning.
One cannot arguably compare the two as ELSS is an investment vehicle in itself while SIP is a way of investing in ELSS or any other mutual funds.
Entrepreneurs and business owners are liable to pay income tax on the revenues generated by their venture. This can be a considerable sum
Quants funds are a special kind of mutual funds whose asset allocation. Including stock picking. Is decided based on a predefined set of rules.
Investing in the right options by assessing the requirements and risk profile is one of the ways in which you can become rich over time.
Employees’ Provident Fund (EPF) is generally referred to as PF. This fund exists to help employees accumulate a considerable sum for their retirement.
VPF is a further extension of EPF. Under VPF, the employees contribute a higher amount than the minimum requirement of 12% of their basic salary.
Everyone would like to take up a government job as it offers job security. However, they also need to make investments to plan their future better.
Retirement planning should be considered seriously by every earning individual as they can stay financially independent in their retired life.
The presence of inflation has made it necessary for all those with some savings to invest so that they have sufficient money later when they need.
Planning your retirement is key. This will alleviate the need to depend on others for your living expenses. Investing should not end with your retirement; it should carry on.
If you have a considerable disposable sum in your hands. Then investing it in schemes that offer regular monthly plans is a great idea.
One year investment horizon is not really short. And you shouldn’t park your funds in a savings bank account. There are various options available.
Unit Linked Insurance Plans (ULIPs) and the National Pension System (NPS) are two of the most popular tax-saving options covered under Section 80C of the Income Tax Act, 1961.
Tax planning is not as hard as it seems. Every taxpayer should look to optimise their tax outgo. Read more about Tax Planning. Benefits,Other Exemptions & Deductions
Best investment plans for Beginners in India: Novice investors are generally young and in the initial years of their professional life. Hence, they will have a long-term investment horizon.
The main aim of the financial policy is to retain price stability while considering the goal of growth. Stability in price is a necessary prerequisite to sustainable growth.
An Sovereign Wealth Fund ( SWF ) is an investment fund which is primarily owned by the National Government.
How much to invest depends on the courses your children are interested in. And it also depends on the college/university in which they would study.
As an investor. You would expect your investment to provide you with a regular income as well as accumulate wealth post-retirement.
The primary goal of setting up NIIF was to optimise the economic impact largely through investing in infrastructure-related projects.
Municipal bonds are issued when a government body wants to raise funds for projects such as infra-related. Roads, airports. Railway stations. And schools.
A comprehensive guide on investment declaration and submission of Form 12BB.
Are you worried about your retirement? Here is everything you need to know about the most preferred investment options for retirement.
Should I invest in real estate or mutual funds? This is the first question that arises in the mind of every investor before he/she begins his investment journey
The fee-based advisors charge an annual fee corresponding to the assets they manage. The fee-only financial advisors charge a flat fee on all transactions.
India has seen massive industrial developments over the last two decades and attracts NRIs to consider India a viable destination to invest.
You need to have a margin account with the broker to avail the margin trading facility (MTF). The margin varies across brokers. Margin trading is a facility under which you buy stocks that you can’t afford. You are allowed to buy stocks by paying a marginal amount of the actual value.
In a SIP, you can set aside a small amount of money monthly or quarterly rather than investing a lump sum. On the other hand. An RD lets you deposit a fixed amount each month for a predefined duration. At the end of the tenure. You will get back the principal amount and the interest.
Top 6 Safe Investments in India that offer good returns. With a plethora of options to choose from. It’s quite obvious that one would not be sure of where to invest. To term a particular investment avenue as the ‘best’. We need to analyse one’s requirement and risk appetite.
Traditionally. The Indians are conservative investors. And they generally don’t prefer investing in risky investment options. However, the trend is changing of late. Stock markets. Mutual funds. And corporate bonds have become a viable investment option in India.
Indians prefer investing in traditional investment options such as provident funds and bank deposits. Indians are not risk-oriented. And they don’t invest much in the equity-linked schemes.
Confused about where to invest your money? This quick analysis will help you choose between mutual funds vs ULIPs.Read this article to know more about mutual funds vs ULIPs.
A trading account is used to buy or sell equity shares in a stock market. Previously, the stock exchange functioned on the open outcry system. In this, the traders used hand signals and verbal communication to convey their buying/selling decisions.
Under dematerialisation. Your share certificates are converted from physical form to electronic form so as to increase their accessibility. You need a Demat Account number to settle trades electronically. Having a Demat Account allows you to buy shares and store them safely.
If you have decided to invest in a home and have already crossed your 30s. Don’t worry. You can still work out a sensible investment plan and own a house in near future. Let us help you with the same.
Derivatives are financial contracts whose value is dependent on an underlying asset or group of assets. The commonly used assets are stocks, bonds, currencies. Commodities and market indices. The value of the underlying assets keeps changing according to market conditions.
Starting your investments as soon as you start working i.e. in your 20s will give you an edge. You have a better chance to secure your retired life without much hassle.
Stock market terminology relates to industry-specific jargons which are used in the stock markets regularly. Even the experts and amateurs use these terms frequently to explain trading strategies, indices. Stock market patterns and other components of the stock trading industry.
Equity Linked Saving Schemes under the new tax regime have lost their prior tax-free status. But despite these might still be one of the best long term investment options available. Tax free options like PPF and ULIPs do not match to ELSS in generating the returns ELSS can.
The great thing about SIP is that allows investors convenience in their investment. The investors do not need to make the periodic payments as it is deducted from their account automatically.
The Securities and Exchange Board of India (SEBI). Explanation of SEBI. Its structure, functions. Power and authority. Notifications of SEBI. Mutual Funds and SEBI.
Getting a raise is a right time to make smart investing decisions. Understand how even the smallest of increase in your Systematic Investment Plan can help generate greater returns for you to achieve your financial goals. If you have an SIP. Increase your monthly contribution to the same as your inc
For those of you wondering how to become a crorepati in 10 years time. One point to note is that the earlier you start investing towards your future the sooner you will reach your goal. Here we have few tips and guidelines to help you accumulate your first milestone through systematic and discipline
A stock market is a platform where investors can buy and sell the shares of publicly traded companies. If you want to invest in the stock markets you must first understand how this market actually works. Here we give you an insight into how the stock markets function.
Financial planning or the lack of it in your 50s can either make or break you. This decade is particularly significant as you need to make provisions for your retirement. Have funds for your children’s education. Have reserves for emergencies and of course save enough for a comfortable future. Here
Financial planning can seem like a daunting task for many but it doesn’t have to be that way anymore. In your 40s. Your priorities and your goals will be very different from that in your 20s or 30s and hence your planning must also take this into account. To help you build your wealth and have a sol
Fixed Income Investments – Here we have compiled some of the best-fixed income investment options that are on offer in India. The list includes some well known as well as some lesser known funds and schemes that can be availed by Indian citizens.
When stock split takes place. There is an increase in the number of shares of that company without any change in the market capitalization. The number of shares during a stock split goes up but the price per share goes down.
When an investor subscribes to the equity share of a company. He becomes a shareholder. For the company. Such a contribution is like a liability on which it needs to give returns to the shareholder.
Gilt funds are those funds which invest in fixed-interest generating securities of the central and state governments. You earn returns from gilt funds in the form of interest accrued and capital appreciation on the amount invested.
Sovereign Gold Bond is an alternative for those who want to invest in gold. But do not want the hassle of paying making charges or storing it safely. A low-risk and tax-free investment indeed!
Repo rate is the rate at which the RBI lends money to commercial banks in case of shortage of funds. Read this article to know about the reverse repo rates and Current Repo Rate.
Marginal Cost of Funds based Lending Rate is the latest method to compute the rate of interest on bank loans. Read on to explore the intricacies of MCLR vis-a-vis the earlier concept of Base Rate.
ISIN Code Search – The International Securities Identification Number (ISIN) is a unique code that is used to identify specific securities you can serach the fund hiuse name and ISIN number here . Learn more about it here…
A mutual fund portfolio has different stocks, bonds. Goods and cash in it – diversified by default. Understand the advantages and disadvantages of mutual funds to choose wisely & earn well.
The CRR or the Cash Reserve Ratio is the share of a bank’s total deposit to be maintained with the latter in the form liquid cash. This is mandated by the RBI with the latter in the form liquid cash. Know about CRR objective. Working impact on economy & how is it different from SLR.
Tax-free bonds are types of goods or financial products. Which the government enterprises issue. One example for this is the municipal bonds. They offer you a fixed interest rate. And hence is a low-risk investment avenue.
The article discusses Dividend Mutual Funds in detail. A dividend mutual fund is a stock mutual fund that primarily invests in companies that pay dividends.
Money market mutual fund is basically a marketplace where money is bought and sold. Read more about MMMF,features and risks associated with investment
Every investor faces this dilemma: Liquid funds vs. Savings Account. Which is better? The article gives in-depth insight of the intricacies of liquid fund.
Non Convertible Debentures are scheme that proved to be a dark horse as they started delivering smaller but steady returns over time. Like traditional corporate FDs. NCD too is a fixed-income investment with a specific term and interest income.
RGESS ( Rajiv Gandhi Equity Saving Scheme ) – One of the government-sponsored schemes for tax saving is the Rajiv Gandhi Equity Savings Scheme or RGESS. Learn more about it here…
Ultra short-term funds can be likened to be close cousins of liquid funds. They can be an important part of your portfolio. Read the article to know more.
Liquid Funds are the best way of creating an emergency fund. Wondering how to go about it? let us give you the lowdown on creating your rainy-day stash!
Index funds are passive mutual funds that track a particular index. These funds are less riskier than actively-managed funds but also earn lesser returns.
KYC / Know your Customer is a one-time exercise that needs to be done to invest in mutual funds & various other applications. Find out the procedure to get it done online through Aadhaar. Documents required. Learn eKYC with ClearTax and how to check KYC Status.
Complete guide on mutual fund taxation. Know how different mutual funds are taxed in a different manner. Depending on the type of mutual fund & the investment holding period.
Indexation helps to reduce the tax on long-term capital gains from debt mutual funds. Here’s how indexation works. Explained with an example.
Fixed deposits versus debt mutual funds. Why the latter makes a better investment option.
Everything you need to know about investing in the National Savings Certificate to save taxes under Section 80C.