In the last couple of years, the way we interact with financial platforms in India has been changing rapidly. From mobile-based investing to AI-driven trading, innovation is moving fast. One term you might have started hearing in tech-finance circles is MCP servers. If you’ve ever wondered what MCP servers are, why they matter, and how … Read more
If you’ve been scratching your head lately, wondering where to park your hard-earned money, you’re not alone. With so many financial products and schemes floating around, choosing the best investment options can feel overwhelming. Should you go for something safe, like fixed deposits, or chase higher returns with equities? The truth is, a balanced approach … Read more
In today’s rapidly evolving technological landscape, one term has been making waves across industries: quantum computing. This cutting-edge field of science promises a revolution in computing power, with the potential to solve complex problems at speeds unimaginable with traditional computers. As quantum computing advances, investors are eyeing this emerging sector for its transformative capabilities and … Read more
Interest earned on NRE or Non Resident External Fixed Deposit Account is tax free provided you maintain your NRI status. So,as and and when you return back to India and become a Resident Indian, you will need to offer your interest income to tax and show the same in your Income tax return. So,the moment … Read more
NPS or National Pension Scheme is a defined contribution scheme introduced by the Government to encourage the people to save and focus on their retirement planning goals. Is NPS a good long term investment ? NPS or National Pension Scheme is overall a good step taken by the Government to help individuals of India to plan … Read more
SIP i.e. Systematic Investment Plan is a common method followed for wealth creation in the long run.SIP is just a method of investing and not any product or investment option.It is just a process through which you can contribute small but regular amounts to build a good corpus. When you invest money through SIP, your money … Read more
Ans.The rebate U/s 87 A shall be Rs.5000 for the financial year 2016-17. To get further information about the section refer Relief U/s 87 A.
Ans. In case of home loans, fixed rate of interest is one where the interest rate remains constant during the loan period.While in case of floating interest rate, the interest changes with the change in the market conditions. Here,are some differences that might help you in deciding which is a better option while taking home … Read more
Ans.The minimum lockin period for ELSS is 3 years from the date of investment. For further details refer blog on ELSS-Things to Know. Must Read : Tax saving options in India.
Ans.Besides,investing in jewellery,one can invest in gold in the following ways : Gold ETFs Gold coins and bullion Gold mutual funds E-gold To gather more information refer our popular blog post on Gold Investment – Is it the best investment ?.