Investment

Taxes are an inevitable element of our lives. Whether you are a working professional or a self-employed individual, you cannot escape from paying your taxes. While many people might dread tax payment, the rest might start tax planning early to save money. Since the new financial year is around the corner, you should invest in tax saving investments that can reduce your tax liability. Tax-saving investments are essential since they allow you to claim deductions under Section 80C of the Income Tax Act, 1961. According to Section 80C, you can claim a tax deduction up to Rs. 1,50,000 on your taxable income. Although there are numerous best investment plans that offer tax exemptions, you might not know where to invest money. Before selecting a plan to save taxes, let’s take a look at different

When you are younger, you might have several dreams, like purchasing a new house, travelling to new cities, starting a business venture, and so forth. However, as you grow older, you might shoulder the financial responsibilities of your family. Since the financial protection of your family would be your priority, you might sacrifice your dreams to earn more for your loved ones. A recent study shows that there is a gap between the aspirations and the readiness of young Indian adults to achieve them.  If you are still willing to achieve your unfulfilled life goals, invest in a Unit Linked Insurance Plan (ULIP). The new-age ULIP is a convenient option since it is a combination of investment and insurance. Besides, it also ensures your family’s security as it offers death benefits to them in

Before you chalk a saving’s plan for retirement, it is essential to frame up post requirement needs that would meet our lifestyle needs. Sound planning is necessary to spare yourself the tremendous anxiety that could ensue following a dubious financial future. Most importantly, financial experts always advise in favour of choosing an investment action over savings since the possibilities of higher returns are more likely with the investment account. The burden of saving post-retirement also gets eased once you start increasing the contribution towards saving by 1% each time you get a hike, annually. Key policies and frequent collaboration for savings post-retirement for a series of reasons- You would be acquainted with flexible plans regarding saving and investing You should hav

When you are investing your money on something, you not only want your money to be safe and secure but you also want it to generate a high return. Of course, that is the primary reason for your investment. However, if you think that investing in pink diamonds is very simple then you are very much wrong because it can be complex if you are doing it for the very first time. Therefore, you have to be absolutely sure while investing in Argyle pink diamonds. There is no denying the investing in pink diamonds is one of the best investment options that you can have at this moment in time. However, you have to be very careful about investing in pink diamonds. Here are some of the things that you should be aware of before investing in pink diamonds. The need to take help from the experts One o...

With the increasing financial literacy in the country, a large number of citizens are willing to invest their hard-earned money to avail high returns. A Unit Linked Insurance Plan or ULIPs is a contemporary investment that has gained massive popularity in recent times. It is a product offered by insurance companies that provides both insurance and investment under a single integrated plan. Therefore, a portion of the premium paid by the policyholder is utilized to provide insurance coverage and the remaining portion is invested in equity as per the policyholder’s choice. However, it is to be noted that ULIPs come with a lock-in-period of 5 years. This means if the policyholders choose to discontinue the policy during the lock-in-period, they won’t receive any liquidity or payout. Since a

Investing money is just like saving one’s property, and money. In investing money an individual needs to be very careful in choosing the best investments that suit their capability financially. Most people want to invest their money for different reasons such as for retirement, to buy new things, to save money and to increase their money. Business is one of the most popular investments every individual can have, but riskier as there is only single management, especially to those beginners in the field. In investing money every individual needs to ask themselves how to invest with intelligence so that they will earn faster and increase their rate. Investment Managers Australia helps every individual in making their own investments. What You Should Know Before Investing Your Money Th

Thinking of going into investment banking? This is perhaps the best career move you can make since IB signifies Big Money. If you are beginning to walk on the path that will lead you to the world of investment banking, this content is apt for you. Investment Banking is undoubtedly a vast field with countless opportunities to offer. Hence, thousands and thousands of finance folks from world-class institutions hop on the route to IB. And why would they? After all, it is one of the most sought after fields that offer a great salary, financial rewards along with unparalleled exposure to the finance world.  But, anything that is this desirable is always tough to get. Hence, it isn’t easy to build and sustain an investment banking career if you are not entirely cut out for it. In other wor

Recent real estate market analysis by CBRE suggests that housing sales in India are expected to rise in the year 2019. With an increase in housing sales, the demand for housing loans is also on a rise across the Indian demographic. However, to avail the loan there are several factors that you must consider. The first and foremost being whether you can afford the EMI you will need to pay towards the loan. Equated Monthly Income or EMI is the amount that you have to pay every month in the duration of the loan tenor. With tools like online home loan EMI calculator, you can easily calculate EMI towards your housing loan. What is an EMI Calculator? An EMI calculator is an online tool that can give you an accurate calculation of the EMI you will need to pay for your home loan. The EMI calc...

A fixed deposit scheme is the best option to save and preserve a part of your savings and to get consistent returns on it in the longer run. The fixed deposit will offer a uniform flow of interest that is more reliable than mutual funds or equity investments as it is unaffected by the fluctuating market performance. However, before investing in fixed deposit with any bank or financial company, a person should consider certain points that are significant for making an informed decision. Any investor opting for fixed deposits should consider the following points before investing: Finding the right financial organization and service is a must for any investors who are opting for term deposit. Check out different banks and NBFCs for fixed deposit policies for the investors. Some fin...

Dealing with our personal financial resources can be a sore subject. We avoid them like the torment when we know we won't like what we see. Handling your funds should constantly be a recurring job. Here are some of the tips which can effectively help in getting your money invested smartly. Financing realty is not the most convenient job. The loan provider thinks about a number of aspects. Among these variables is the debt-to-income ratio, which is the percentage of your gross regular monthly revenue that you invest in paying your financial obligations. This consists of whatever from real estate to vehicle payments. It is really important not to make larger acquisitions prior to acquiring a residence because that considerably ruins the debt-to-income proportion. If you seem like...