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When market falls, it tempts you to stop your sip! Like since February market is falling, and your portfolio must be showing in Red. Obviously! Any retail or new investors will be afraid of seeing his portfolio and would always think to stop the new investments (Stop the sip) and withdraw the invested money. However, this isn't the time to stop SIPs. Why? For SIP to be effective and deliver the entire potential returns, it must go through all the ...
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What would you do if you don’t have enough savings and require additional funding to pay your medical bills, or looking for down payment for New car, plan a wedding or take a family vacation? In the current world there is easy access to funding in the form of personal loans. You may go for personal loans for your life goals or in case of emergency. What you understand about Personal loans: Personal loans are the unsecured loans without any ...
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The commercial real estate (CRE) industry is comprised of many different types of service providers, including property management, brokerage firms, banks, and other types of lenders. When a CRE transaction takes place, there are various operators involved, requiring extensive sharing of official property documents, and financial information which need to be validated. The requirements for validating all information across all parties slows down the speed of each transaction, which can take weeks and months to complete. Many CRE firms have ...
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We had discussed about the Regular and Direct plans in our earlier blog post, where we have tried to reveal the benefits to invest in Direct plans, as someone rightly said, “Little drops of water make the mighty ocean.” and this is true with the Direct plan in context of Mutual funds. Only 10,000 Rs monthly investments with a difference of 1.10% (in expense ratio) may not seem a lot, but with the compounding effect on it may fetch you ...
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All mutual fund schemes offer two plan- Regular and Direct Plans. In Regular plan investors invest through the intermediary and commission paid (distribution cost) to Brokers/Intermediary by the AMC to facilitate the transaction, which is charged daily as a small part in the expense ratio from the fund NAV (Net asset value) But in Direct plan, you can invest without involvement of an intermediary, there is no any embedded commission involved in the expense ratio, you save that commission which ...
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If you have not yet filed your Income Tax Return,or ITR, then their is a big relief. The tax department recently has extended the last date to file ITR(Income tax return). The due date for filing ITR for financial year 2017-2018 or assessment year 2018-2019  has been extended to 31st August from 31st july. “The due date for filing of income tax returns for Assessment Year 2018-19 is 31.07.2018 for certain categories of taxpayers. Upon consideration of the matter, the ...
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Over the years, you might have come across quite a few ‘golden rules’ of personal finance. You may have read up about these personal finance tips online or learned a rule or two from friends, family, colleagues, etc. The rules almost seem quite predictable: Save more, spend less, invest, plan for retirement, etc. The list may almost seem endless. And then… When the time really comes for you to take charge of your personal finances, you tend to get confused ...
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Sukanya Samriddhi Yojana (SSY) is a monetary savings scheme provided to all households to help them endure the fundamental expenses of raising a woman child, especially her schooling. It is a deposit scheme for the woman child introduced under the government campaign “Beti Bachao Beti Padhao”. It needs a minimum deposit of Rs. 1,000 and a maximum of Rs.1.5 lakh during the on-going fiscal year. A household will open them in any local post office or approved the branch of ...
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A guide on Hra calculation and how to claim Exemption. Salaried individuals who Reside in a rented home Can claim House Rent Allowance (HRA) to lower taxes. This may be partly or completely exempt from taxes. The allowance is for expenditures related to accommodation that is rented. If you do not live in a rented accommodation, then this allowance is completely taxable. The decision of how much HRA needs to be compensated to the employee is made by the employer ...
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Aspiring for higher education overseas certainly seems like an exciting proposition filled with a whole new world of opportunities and experiences. Rapid globalization has opened doors for Indian students to explore opportunities for studying in prestigious universities around the world. As seekers of the latest cutting-edge knowledge in the fields of technology, business, medicine and even artistic pursuits, there has been a huge rise in Indian students seeking to study in foreign universities. As per Government of India data, there ...
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