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Index Funds and ETFs – another Investment avenue

In the world of investments an investor has to walk on a tight rope balancing between risk and return. Amid decline in the savings bank rates, investors are forced to look at other alternate assets to park their savings to generate that extra return to shield from inflation. Among the alternatives equity is the first asset class any investor come across due to its attractive features like long track record of superior returns, convenience of entry and exit with-out any lock-in period, lower ticket size, lower transaction cost and lower tax on capital gains, however, many investors are pulled back...more
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Home Loan Tax Benefits

Acquiring a home loan can assist you to save tax as per the provisions of the Income Tax Act 1961. With every passing year, the home loan tax benefit increases to provide the borrower with a relief. A home loan can turn out to be an expensive affair if not planned efficiently. But, with the various income tax benefit on the home loan, there are still opportunities left for the borrower to enjoy their new home as well as save money year on year. Discussed below are the home loan tax benefit 2018 – 2019 assessment year that provides income...more
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CAGR Meaning – What is Compound Annual Growth Rate

What is CAGR? Any investment that provides you with the advantage of compounding can assist you to build and double your wealth. Compound Annual Growth Rate CAGR demonstrates the growth of an individual’s investment over a specific period. Specifically, it is the average returns an investor has earned on his investments after a said period say one year. Banks and financial institutions calculate this rate in terms of a percentage. A constant rate of return cannot be provided by a single stock or a mutual fund year on year, since the rate may change. Additionally, if you make many investments,...more
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Different Types of Investments in India

Investing is not about getting rich quickly, but rather a way to continually grow the wealth you already have. With several types of investment schemes available, you don’t have to have a lot of wealth to begin investing. There are different types of investments depending on the investor, their net worth and profile, varied investment opportunities can be carefully chosen and a long term plan charted out to achieve maximum returns. Let us have a look at types of investment in India : 1. Public Provident Fund: It is considered the safest and most secure long -term investment product amongst...more
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Advantages & Disadvantages of GST in India

One of the most significant indirect tax transformations of the country was the Goods and Services Tax – GST. Even though it helps boost the economy, there are various advantages and disadvantages of GST. Let us look at some of the GST Advantages and Disadvantages What are the benefits of GST? GST benefits in India will assist the Government as well as the consumers in the long run in creating a win-win situation for both. Some of the advantages of GST in India are enlisted as follows: • Mitigation of Cascading effect : Under the GST administration, the final tax...more
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What is GSP and How Current Changes in GSP Affect India

What is the meaning of GSP? GSP full form is Generalized System of Preferences is a unique tariff system extended to developing countries by developed countries. The developing countries are also known as the beneficiary countries or preference receiving countries. It allows low to zero tariff imports from developing countries making it a preferential agreement. What is GSP - the Programme? The Generalized System of Preferences GSP is a U.S. trade preference program that provides trade opportunities for many of the world’s underdeveloped countries to grow their economies and rise out of poverty through trade. The GSP meaning as explained...more
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SIP Meaning and Benefits of SIP

With the rise in income of middle class, growing financial literacy and ease of investing, the general population is taking an active interest in mutual funds. Most of the salaried employees and even businessmen are taking the SIP route to investing in mutual funds. In this article, we will see the different types of SIPs, and what best suits your needs Before that, we should see what is an SIP, and how to invest in one. SIP stands for Systematic Investment Plan. As the name makes it evident, it is an investment plan to invest systematically at regular intervals. All...more
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What is ULIP and Benefits of ULIP

What is ULIP? A Unit Linked Insurance Plan (ULIP) is a financial product, which, unlike a pure insurance policy, provides both insurance and investment in a single plan. ULIPs are offered by insurance companies. There are multiple variations available, which can be tailored to the customer’s requirements, age and risk appetite. How does it function? As mentioned earlier, a ULIP is a combination of insurance and investment. A part of the premium paid is used to provide insurance cover to the policyholder and the remaining is used to invest in debt and equity instruments. In this case, the utilization of...more
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DTAA – What is Double Taxation Avoidance Agreement in India

What is double taxation? Double taxation is the levy of tax by two or more countries on the same income, asset or financial transaction. This double liability is mitigated in many ways, one of them being a tax treaty between the countries in question. Let us try and answer some important queries you might have about such agreements/treaties. What is DTAA? A tax treaty between two or more countries to avoid taxing the same income twice is known as Double Taxation Avoidance Agreement (DTAA). This means that there are agreed rates of tax and jurisdiction on specified types of income...more
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Know How to do KYC for Mutual Funds

The recent years have seen a phenomenal rise in mutual fund (MF) investments in India, with the Assets Under Management (AUM) crossing Rs. 23 trillion by February 2019, with more than three-fourths of it coming in the last 10 years. This is a signal that more and more people are taking financial planning seriously and are setting clear financial goals. When it comes to safe investment with above average returns, MF is the clear winner. The ease of investment, a buoyant market and an array of fund types to invest in make MFs a suitable investment avenue for both the...more
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