You must have come heard about these names a lot of times. They are normally used for the financial market and imply a distinct meaning to the financial instruments. Face value, book value and market value these words are also used a lot of times in investments and there these words are used numerous times. […]
Difference Between Face Value, Market Value, And Book Value Of A Share Read More »
Hindu Undivided Families (HUFs) have unique investment needs that require careful consideration to optimize their financial growth. Mutual Funds and Portfolio Management Services (PMS) are two prominent investment options available for HUFs. While Mutual Funds offer diversification, professional management, and liquidity, PMS provides customized portfolios, direct ownership, and potentially higher returns. HUFs must weigh factors
Investment Options for HUFs: Mutual Funds vs. Portfolio Management Services (PMS) Read More »
While the girl child has often had more dedicated saving schemes, there are also post office saving schemes available for the boy child in India. If you’re looking to secure your boy child’s future financially, these schemes are worth considering. Parents generally save money for their children for various reasons—marriage, health, education, career, or even
Post Office Saving Schemes for the Boy Child in India Read More »
Confused about investing in Post Office National Savings Certificates (NSC)? Let’s uncover the essentials of NSC, covering eligibility, benefits, interest rates, and more. Financial literacy is often lacking in India, leading to financial struggles in the 30s or retirement. Developing an investment habit in your 20s is wise, as you can take more risks. While
Post Office National Savings Certificate (NSC) Explained Read More »
Courts and tax authorities recognize a clear distinction between tax evasion and tax planning. While tax evasion is illegal and akin to a criminal activity, tax planning is a legitimate method to reduce taxes by correctly interpreting and applying tax laws. The Honourable Supreme Court, in the landmark case of Azadi Bachao Andolan (263 ITT
Strategies to Reduce Income Taxes When Selling Shares Read More »
With interest rates in India being significantly higher than those in developed countries like the US, UK, and Canada, many Indians living abroad prefer to park their excess funds in India to earn a handsome return on their surplus money. To encourage Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) staying abroad to invest
NRI Accounts in Indian Banks – NRE, NRO, FCNR Accounts Read More »
