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Things You Need To Know About Systematic Investment Plan (SIP)

Things You Need To Know About Systematic Investment Plan (SIP)

There are a lot of myths concerning Systematic Investment Plans. Here are some questions to help you clear up your doubts about the Systematic Investment Plan: What is SIP? Systematic Investment Plan (SIP) is an acronym for Systematic Investment Plan. A systematic...

Dividend Stocks: Complete Guide

Dividend Stocks: Complete Guide

What is a Dividend? A dividend is a payment made to shareholders by publicly traded firms, and it is derived from the company's net profit. Such awards might be in the form of cash, currency equivalents, stock, or other assets, and are often distributed from the...

Features of Bonds

Features of Bonds

What is a Bond? Bonds are high-security debt products that allow a company to raise money and meet its capital needs. It is a type of debt that debtors obtain from private investors for a set period of time. Bonds contain a number of Features of Bonds that investors...

Indexation: What Is Indexation & How Does It Help You

Indexation: What Is Indexation & How Does It Help You

Investments come with risks, and the more the risk, the higher the reward, which is taxed as a capital gain. Indexation is crucial in this case. By restricting the purchase price of the investment or asset, indexation serves to reduce the overall tax liability. What...

Unit Link Insurance Plan (ULIP)

Unit Link Insurance Plan (ULIP)

ULIPs, or Unit Linked Insurance Plans, allow you to combine investing and insurance into a single product. It provides life insurance as well as the ability to profit from the stock market, debt money, or both, as the case may be. Since its inception in 1971, ULIPs...

Types of GST

Types of GST

On March 29th, 2017, the Indian Parliament passed the Goods and Service Tax Act, which went into force on July 1st, 2017. It was heralded as a major tax reform for the country, replacing a variety of indirect taxes such as excise duty, VAT, service tax, and so on. The...

List of Union Government Scheme for Individual in India

List of Union Government Scheme for Individual in India

Various programs benefiting Indian people are launched by the Union Government on a regular basis. The Union Government Initiatives for Individuals in India is a collection of schemes developed by the Union Government that focus on giving benefits to individuals. They...

Direct funds

Direct funds

According to the Securities and Exchange Board of India (SEBI), there are two types of mutual funds issued by asset management companies (AMCs): regular funds and direct funds. Let's take a closer look at direct funds - What are direct funds and what are their...

General Provident Fund or GPF Interest Rate

General Provident Fund or GPF Interest Rate

General Provident Fund or GPF is a type of provident fund account, the benefits of which can only be availed by government employees. The rate of GPF interest is revised from time to time according to the notifications issued by the Ministry of Finance. All the...

Section 80CCD 1B

Section 80CCD 1B

With effect from April 1, 2016, section 80CCD 1B of the Income Tax Act was added to the scope of section 80 CCD. All people who are eligible for a tax deduction under section 80CCD 1 can claim an extra deduction of Rs 50,000 for their contributions to pension schemes,...