Public Provident Fund (PPF) – A comprehensive guide
PPF is 'Public Provident Fund'. PPF is backed by the Ministry of Finance in India and is established under the Public Provident Fund Act of 1968. The scheme was introduced…
Why invest in ELSS Mutual Fund?
ELSS means 'Equity Linked Savings Scheme'. ELSS mutual funds are tax saving funds which invest money in equity or equity related instruments. These offer tax exemptions upto Rs 150,000 under…
Form 15g & Form 15h: Know how to save tax
The Income Tax department has provided forms 15g and 15h to help individuals save tax on interest income from deposits and bank accounts and other specific income sources. Individuals need…
How to improve credit score? Follow 8 simple steps
A credit score is one of the most important parameters in deciding the terms, conditions and the amount of loan that will be sanctioned to you in India. A credit…
TCS on Vehicle Purchase: Things you need to know
So you bought a new car this month. Congratulations!!! Did you pay TCS on the purchase and are wondering why? Also do you want to know if you can claim…
26QB form – TDS on property
Tax deduction at source (TDS) on property is one of the most commonly forgotten statutory payments while buying property. A large number of home buyers are not even aware of…
Algo trading basics
Algo trading means using a computer program which has pre-decided set of instructions to place a trade order. The set of instructions are based on timing, price, quantity or maths…
National Pension System (NPS) in India: A Comprehensive guide
Features of NPSTypes of NPS accountsChoosing how to invest your NPS contributionHow to choose the fund manager for your NPS contributions?Where do mutual fund houses/fund managers invest the NPS contributions?…
The basics of Bollinger Bands
Bollinger bands are a popular technical stock analysis tool. These were developed by John Bollinger in the 1980s. Bollinger bands are plotted as two standard deviations, positive and negative from…
CTC and Salary: A quick guide
Amit recently got his first job. When he received the appointment letter it mentioned a CTC of Rs 12 lakhs. Amit was delighted with the package offered to him and…
What is mediclaim?
A mediclaim policy allows a person to get reimbursement for expenses incurred on medical treatment. A mediclaim policy generally covers hospital charges, hospital stay, doctor consultation charges, pre and post…
Types of home loans available in India
A home is one of the biggest assets which any individual would normally buy during their lifetime. For most of us, buying our own house is a dream come true.…