Mutual Funds – Expectation vs Reality Mutual funds are no more an unknown tool or hidden investment option. Investing your savings in today’s day and age can be pretty overwhelming. Investment through mutual funds is so accessible to the public. At the same time, the significant population in India isContinue Reading
7 Facts About Mutual Funds That Will Impress Your Friends “Mutual Fund Sahi Hain” Almost everyone in the country has heard the above line in advertisements. Mutual funds are professionally managed funds that diversify the portfolio and aim to provide reasonable returns per the scheme’s objectives. Mutual funds are availableContinue Reading
What is inflation? Inflation refers to the hike in the prices of goods and services in an economy over time. The hike in prices signifies that purchasing power of the currency reduces or fewer goods and services can be purchased with the same amount of money. Consumer demand and moneyContinue Reading
Value Investing vs. Growth Investing: Which of These is Right for You? When looking at stocks and shares, there are two main strategies you can use to invest. They are value investing and growth investing. Value versus growth, which is it? There’s no right or wrong when it comes toContinue Reading
What Is Digital Rupee? The demand for private cryptocurrency has witnessed tremendous demand in the last few years. Many illegal activities and money laundering have taken place through private cryptocurrency transactions. And the government of India sees the mushrooming of these private cryptocurrencies as a threat to the formal financialContinue Reading
All That You Need to Know About Tax on Cryptocurrency & NFT Taxes on digital assets were pretty vague up to Budget 2022. The finance minister didn’t notify the tax structure on corporate or individual levels. But, under new norms, all profits from cryptocurrencies are to be taxed at 30%.Continue Reading
Do You Know How Your ELSS Gains Are Taxed? The Equity Linked Savings Scheme (ELSS) is a tax-saving mutual fund you can invest in and reduce your taxable income. However, the gains made from ELSS investments are taxable. What differentiates ELSS from other tax-saving instruments under section 80C is thatContinue Reading
