What is SIP in Mutual Funds [EXPLAINED]
What is SIP? SIP stands for Systematic Investment Plan, which is a way to invest specific amount in mutual funds every month to achieve your financial goals
SIP vs SWP – Which is Right for you?
SIP vs SWP which is right for you? SIP is better when you are getting started and want to accumulate wealth, and SWP is better when you have enough funds..
Tax Planning Strategies for Salaried Employees
Tax Planning Strategies for Salaried Employees.. You can use various sections including Section 80C, Section 80CCD1B, Section 80D, HRA, etc. to save income tax
What are Home Loan Tax Benefits?
What are Home Loan Tax Benefits.. Section 80C provides Rs. 1.5 Lakh, Section 24 provides Rs. 2 Lakh and Section 80EE provides additional Rs. 50,000 Deductions in financial year..
How to Choose between Old and New Tax Regime
How to Choose between Old and New Tax Regime.. The tax slab rates of new tax regime are low compared to old tax regime, but you get maximum deductions in old tax regime
Benefits of Post Office Monthly Income Scheme (MIS)
Benefits of Post Office Monthly Income Scheme including low risk investment since it is government backed, guaranteed monthly interest payments..
7 Benefits of Senior Citizen Saving Scheme (SCSS) with Calculator
Benefits of Senior Citizen Saving Scheme. 1. High Interest Rate 2. Government Backed 3. Tax Saving Benefits 4. Flexible Investment 5. Quarterly Payments
Business Loan Challenges: What to Do if Your Business Shuts Down
Business Loan Challenges can be due to market downturns, loss of customers, or increasing costs.. How to avoid shutting down of Business?
6 Benefits of Investing Early | Compounding of Interest
Benefits of Investing Early.. 1. Compounding of Interest 2. Financial Independence and Retire Early (FIRE), 3. Reduced Risk 4. Achieving Goals Before Time..
Rs. 5000 EPF Interest Calculation | EPFO helps you to Retire Early
EPF interest is calculated on monthly basis on EPF Balance & is compounded on yearly basis. Employee contributes 12% & employer contributes same amount..