Guides
Income Tax Return Filing – Simplified!!!
Last date for filing returns is 31-July. Here are some tips & important points you should take care while filing your income tax returns.…
Guides
The basics, explained simply
Guides
What is Accidental Insurance Policy?
A term plan can only help in death and a health plan can help in case you are hospitalized, some of these policies also…
Guides
Sukanya Samriddhi Yojana or PPF account?
Comparing Sukanya Samriddhi Yojana (SSY) with investing in the PPF and fixed deposits for your little daughter’s education or marriage? The SSY is more…
Guides
NEFT v/s RTGS v/s IMPS: simplified
If you have tried transferring money electronically to an individual or an account, you would’ve come across the terms NEFT,RTGS and IMPS. Most of…
Guides
Compound Interest – “the eighth wonder of the world”
Definition: Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Compound interest can…
Guides
What are Closed-ended & Open-ended Mutual funds?
Open-End Funds Many investment products are not one single product, but are instead a collection of individual products. Just as you wear a collection…
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Loan Amortization
Amortization is, “the systematic repayment of a debt”. The emphasis is on the word “systematic”. Amortizing a loan means paying it down, bit by…
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Inflation
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage…
Guides
What is a Systematic Investment Plan?
A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest…
Guides
Tax Benefit on Home Loan: Section 24, 80EE & 80C
A very important criterion to be kept in mind while taking a Home Loan is the Tax Benefit on Home Loan. To explain the…
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