How to download Home Loan Interest Certificate? If you have taken home loan, it is time for you to submit your Income Tax Certificate of home loan to your payroll department. While the process of downloading the IT certificate is simple, many are facing challenges and approaching the bank / financial institution in person. This … Continue reading How to download Home Loan Interest Certificate for Tax Proofs submission?
Partial Withdrawals of PPF – Eligibility and Rules in 2021 Public Provident Fund is one of the safest fixed income investment options in India, which is backed up by Government of India. Many investors would opt for PPF either for tax saving purpose or for accumulating retirement corpus. Even low risk investors who want to … Continue reading Partial Withdrawals of PPF – Eligibility and Rules in 2021
How to Save Money for Investing? You want your money to work for you – that’s why you are interested in investing. Investments come in all different shapes and sizes; while stocks and mutual funds are common and convenient investments, you can also invest in real estate, fine art and startup businesses. When you have … Continue reading How to Save Money for Investing?
Deposit Insurance (DICGC) – How far your fixed deposits are safe? Almost all the individuals trust banks for their deposits in the form of Savings A/c, Current A/c, RD or FD as banks offer safety and guaranteed returns. But what happens if your bank goes bankrupt. Most of us are unaware of the fact that … Continue reading Deposit Insurance (DICGC) – How far your fixed deposits are safe?
LTC cash Voucher Scheme – Guidelines, Eligibility and Calculations Govt of India has earlier announced about LTC (Leave Travel Concession) Cash voucher scheme for central government employees. Now GOI has confirmed that the LTC voucher scheme would be applicable to all employees i.e. central govt employees, state govt employees, PSU sector employees and private sector … Continue reading LTC Cash Voucher Scheme – Guidelines, Eligibility and Calculations
Am I eligible for Compound Interest Waiver on Loan during the moratorium period? Govt of India has announced that now that interest on interest (compound interest) waiver on loan during the moratorium period. The central government had earlier filed an affidavit with Supreme Court indicating that it would waive interest on interest on loans up … Continue reading Am I eligible for Compound Interest Waiver on Loan during the moratorium period?
How Leverage Ratio can tell you whether you are high risk or low risk? Leverage ratio also called as debt to equity ratio is the measure of the role of debt in an asset build-up of an investor or a company. An investor or company can compute their leverage ratio and check whether their financial … Continue reading How Leverage Ratio can tell whether you are high risk or low risk in debts?
What is Macaulay duration concept and how it helps you to choose right debt mutual fund? As per SEBI recategorization of mutual funds, all debt funds need to be classified into buckets based on Macaulay duration. Macaulay duration is indicated in the scheme information document (SID) of the mutual fund scheme. Often, many mutual fund … Continue reading What is Macaulay duration concept and how it helps you to choose right debt mutual fund?
Why you are still NOT Rich in life? Many of us keep struggling to earn money and become rich in life. While it is not that simple to become rich, if you can plan well, you can be rich too. If you are still thinking why you are still not rich, it is the time … Continue reading Why you are still NOT Rich in life?
10 Solid Tips to achieve Financial Freedom Faster Financial freedom is where you have enough money to spend, your regular expenses for life and fulfill all your financial goals in the future. Earning salary or income from the business is not enough. One should not struggle accumulating money over their lifetime to achieve their financial … Continue reading 10 Solid Tips to achieve financial freedom faster