A lot of people wish they were rich, but not many actually do something about it. If you’re reading this, it’s likely that you’re tired…
Posts published in “Economy”
An interest rate is the percentage charged by a lender to a borrower for the use of money, or the percentage earned by an investor…
Starting your financial journey often begins with opening a bank account. Choosing between a current account and a savings account can be confusing with so…
“Sectoral Mutual Funds: Advantages and Disadvantages” Sectoral mutual funds have emerged as an attractive option for investors seeking to capitalize on specific industry growth as…
What are amortized loans? Most loans which are repaid in equal periodic installments (monthly, quarterly, or annually), which cover interest as well as principal repayment.…
How to redeem your Investment from Mutual Funds Ever wondered how to get your money out of a mutual fund? That’s where redemption comes in.…
The income you earn a month must be utilized in an efficient manner by equally dividing your income for savings and managing your basic and…
The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the Government of India.…
The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the Government of India.…
A permanent account number is a ten-character alphanumeric identifier, issued in the form of a laminated “PAN card”, by the Indian Income Tax Department, to…