Fixed deposits are the most important preferable savings for Indian citizens. In spite of falling interest rate or fee in the economy some little money banks keep on offering appealing rates on their fixed deposits. Some little fund banks are presenting to 9% interest rates on FDs. ICICI Banks are among who have revised the […]
To finish the Income Tax returns (ITR) filling process, an individual is required to verify it. The verification must be confirmed inside 120 days of filling. Verification should be possible carefully (utilizing Aadhaar, one time password and so forth.) or by sending the physical copy of ITR-V to the Central Processing centre, Bengaluru, of the […]
Have you ever wondered what difference does it make to choose a certified financial planner or a general financial planner? Keep on reading our article below to learn why. Who is a certified financial planner? A certified financial planner (CFP) is a professional and credentialed financial advisor that meets the strict ethical and performance standards […]
Are you interested in investing in the stock market but do not know how to choose the right stockbroker for the task? Keep on reading the article below to learn everything about stockbrokers. What is a Stockbroker? A stockbroker is an individual or a company that serves as an intermediary party between the stock buyer […]
Healthcare treatment costs are growing exponentially by at least 15 percent year on year. In fact, the COVID-19 expenses can go upwards of Rs. 5 lakh. 56% Indians still don’t have a health cover. According to the recent survey conducted by ‘Largest National Survey’ on consumption, only one-fifth of the Indians are insured under health […]
Global economy is heading into a recession. India’s gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted economic activities. We expect an output loss of 6.0% to 8.0% of annual GDP and a higher fiscal deficit as tax collection should be lower. India GDP Growth […]
“Loan Planning” never thought of doing something as such? Well, we might change your perception of the matter towards the end of the article. Keep on reading to find out how. Generally, people assume that financial planning is all about using your available resources to generate more wealth. Although that is correct, it nevertheless fails […]
To begin with, most of us are unaware of the term – “Estate tax planning“. Often we tend to exclude taxes from our estate planning. The tax due on the transfer of assets to an heir or beneficiary after the death of the owner is usually high, which if not considered beforehand, might have an […]
Do you often find yourself worrying about your child’s advanced education and wedding? Have you not yet planned your finances to meet the same? Children’s financial future planning forms the crucial part of every financial planning irrespective of the individual being a newly wedded couple or already a parent of a child. Providing adequate security […]
The very definition of financial planning includes protection, apart from wealth creation and planning for emergencies, as a crucial component of the same. It connotes to systematized use of wealth to achieve future financial goals without jeopardizing ones financial security and more. However, the general tendencies among people are to focus more on wealth creation […]