What is ELSS & How Does it Work?
While there are numerous advantages to investing in shares, such investments must be carried out with caution in order to avoid long-term risks and losses. It is a good idea…
What Is Short-Term Investments & How Does It Work?
Short-term investments are easily convertible into cash. The duration of these investments ranges from one day to five years. These are high-quality investments that are also quite liquid. They are…
Top 10 Tax Saving Instruments in India!
Top 10 Tax Saving Instruments in India are: Tax Saving InstrumentsTax Benefits Under SectionTotal Tax DeductionLife InsuranceSection 80C (Premium) & Section 10(D) (Death/Maturity)Up to Rs. 150000Health InsuranceSection 80DUp to Rs.…
What are Angel Investors?
All you need to know about Angel Investors An angel investor (also known as a private investor, seed investor, or angel funder) is a wealthy individual who provides financial support…
What are SGBs (Sovereign Gold Bonds) & What are its Functions?
Sovereign Gold Bonds (SGBs) and Their Functions Explained Sovereign gold bonds, or SGBs, are gold bonds issued on behalf of the Government of India by the Reserve Bank of India…
Is My Corporate Health Insurance Good Enough?
How does Corporate Health Insurance works? In layman's words, it is a sort of health insurance policy provided by the employer to its employees. It provides them with the best…
Top 20 Finance Terms Everyone should know!
FINANCE TERMS EVERYONE SHOULD KNOW 1. Amortization Amortization is a means of spreading the expense of an intangible asset over its useful life. Non-physical assets that are crucial to a…
What is Hindu Undivided (HUF) Family and its Benefits?
What Exactly Is HUF? The Hindu Undivided Family (HUF) is not defined by the Income Tax Act, although it is covered under Hindu Law. HUF is defined as all those…
How Parents Should Teach Their Kids About Money Management?
"Money is what makes the world go round," I believe we can all agree. Money is still a taboo subject, and personal finance has yet to make its way into…