In a move that is seen as a big win for investors, the Securities and Exchange Board of India (SEBI), to ensure that investors’ money is not lying idle with brokerages, directed a mandatory rule. Under the new directive, if any money remains unutilized in a client’s account for more than 45 days, it will […] Read More
In this article, we look at Fixed Deposits (FD) provided by HDFC Ltd. Corporate Fixed Deposit is a term deposit which held over fixed period of time. As we all know that Corporate Fixed Deposits offered by both financial and non-financial institutions. HDFC has the trust of over 10lakh depositorsand is one of the leading […] Read More
LIC Housing FinanceFDs carry FAAA/stable by CRISIL that indicates high degree of safety and has strong chance of timely repayment of interest and principle amount Read More
It is surprising but true that a person is taxed even after he is no more. If a person at the time of death has earned income exceeding the threshold limit ( i.e. >INR 2,50,000), he is still liable to file an Income Tax Return (ITR). Are you wondering who will be accountable for this? […] Read More
Are you passionate about building and creating your wealth? Here are the nine steps to get you started. Wealth creation is not a single recipe that works for everyone. Like everything else, it requires hard work, patience and proper planning. Dreaming big is human nature, and accomplishing those dreams takes time. If you don’t have […] Read More
You want the best for your kids, don’t you? But how will you do that? How can you ensure your child gets the best education money can buy? Easy, all you have to do is start building a corpus now. But what if we told you that there’s a simple way to build a corpus […] Read More
Everyone wants to simplify their lives, especially their financial lives. If you’re going to get started with planning your money matters or focus on the essential things and reduce the clutter, you have come to the right place. It’s important to build a solid financial plan because it helps you reach your financial goals and […] Read More
A common misconception is that most millennials don’t save or invest their money. According to a recent study, over 84 percent of millennials in India have a wealth management strategy for their future contingencies. They are also looking for more robust and sustainable growth opportunities in the post-pandemic world. But who are millennials? Millennials are […] Read More
The personal finance industry witnesses trends as technology and applications advance every year. As we start a new year, it’s time to take a look at some trends that may gain popularity in 2022. Here are the four trends that may become popular in 2022. Exchange Traded Funds (ETF) In 2021, assets under management(AUM) of […] Read More
Any discrepancy between the cheque details and presented cheque gets flagged to the drawee bank and presenting bank
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