Money Management

Money Management 7 min read
Taxation of Private Equity (PE) Investment

Income tax law in India is governed by the Income-tax Act, 1961 (“ITA”). Under the ITA, residents are taxed on their worldwide income in India, whereas non-residents are taxed only in respect of their India-sourced income.  In addition, India has entered into Double Taxation Avoidance Agreements (“DTAAs” or “tax treaties”) with several countries. A taxpayer ... Taxation of Private Equity (PE) Investment

Money Management 5 min read
Risk Management – Meaning, Importance & Ways to Manage Risk

Risk is an integral part of our lives and there is some possibility of risk in every action of ours. The field of business and finance is also not alien to the concept of risk; a businessman or an investor encounters different levels of risk for their actions.  We will have to learn to live ... Risk Management – Meaning, Importance & Ways to Manage Risk

Money Management 6 min read
Have a Medical Emergency? Take Care of It with These 6 Financing Options

Having instant access to emergency funds can come in handy in adverse situations like the COVID-19 pandemic or an accident. Medical emergencies call for immediate remedial action to make sure that you or your loved ones do not fall behind on necessary treatments. However, medical bills are expensive and one may not have sufficient funds ... Have a Medical Emergency? Take Care of It with These 6 Financing Options

Money Management 7 min read
Apply for 3-in-1 Demat Account, Online Trading & Bank Account

A Demat account helps us store securities in electronic format to facilitate instant and safe trading. You need to link your Demat account with your trading and bank accounts to participate in stock market trading. To attract traders and offer more convenient trading, many depository participants (DP) offer special accounts. These are 3-in-1 Demat accounts ... Apply for 3-in-1 Demat Account, Online Trading & Bank Account

Money Management 7 min read
NEFT VS IMPS VS UPI

Have you ever had a chance to stand in long queues at utility bill payment centres like electricity boards or water boards or state ration stores? Have you as a student waited for that money order or cheque from your parents to reach your hostel room so that you could pay your fee? Probably, because ... NEFT VS IMPS VS UPI

Money Management 7 min read
Inflation Indexed Bonds: Meaning, Benefits & Risks

Inflation not only affects your household budgets due to a rise in the price of consumption baskets, but it also has a negative impact on investments as the real rate of returns may decline. With inflation being a serious concern for economies worldwide, investors are looking at alternate ways of shielding their investments from its ... Inflation Indexed Bonds: Meaning, Benefits & Risks

Money Management 4 min read
Top 5 Financial Resolutions For 2024

New Year resolutions are a great way to retrospect your monetary decisions and take necessary steps to modify or upgrade your financial situation. These financial resolutions can help you utilise the most out of your earnings. 2024 is just starting, so it’s the best time to revisit existing investment strategies or chalk out new ones. ... Top 5 Financial Resolutions For 2024

Money Management 7 min read
50/30/20 Budgeting Rule – Follow this rule to build an expense budget

Effective budgeting can help you keep a tab on your expenses and motivate you to avoid unnecessary purchases. The 50-30-20 budget rule speaks of the financial discipline that can guide you to keep your spending habit on the right track. As a result, you can make substantial savings for emergency or post-retirement expenses.  Moreover, with ... 50/30/20 Budgeting Rule – Follow this rule to build an expense budget

Money Management 7 min read
What Happens to the Deposits if a Bank Closes?

Banks are exposed to several risks that are an inherent part of any banking business. Events such as geo-political tensions, sluggish growth of the economy, rise in crude oil prices, and change in government policies and regulations can escalate the risk exposure, leading to insolvency of banks. Such a situation would put your savings at ... What Happens to the Deposits if a Bank Closes?

Money Management 9 min read
What Is the Best Alternative to Savings Accounts?

A savings account may seem like the easiest way to park your money and gain a fixed return. However, they offer very low-interest rates; hence, the return you receive is very nominal.  So, in case you are looking for a safe alternative to a savings account in India, there are a few other investment options, ... What Is the Best Alternative to Savings Accounts?

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