After the economic downturn due to COVID-19, Finance Minister- Nirmala Sitharaman has raised many hopes for everyone before presenting the 2021 Budget, on February 1.
The yellow metal-gold stirred new highs by breaking all records of its past amid coronavirus. Even when the world is struggling for better economy and rising cases of COVID-19, gold has proved itself to be a safe-haven. Some tips for investors.
Many of us keep our money in the savings account we have. For service sector employees its mostly their salary account with the operating bank. Most of us who don’t know much about investment and go for saving their hard-earned money in Savings Bank Account or Fixed Deposit in Banks/NBFCs.
When it comes to investment, most people prefer to invest their hard-earned money in Bank FDs, Savings account or in Post Office Schemes. But according to most of the research and financial analysts investing all your money in one asset class is not a good theory. Instead of investing all your money in one asset class, it is better to diversify your portfolio and invest a portion of your money in all asset classes accordingly.
If one invests in gold via sovereign bonds or gold ETFs, then they must know that these bonds are issued periodically, and their value increases exactly with gold. They also provide an extra interest of 2.5% per year.
The Central Board of Direct Taxes(CBDT) has again extended the deadline for filing of Income Tax Return FY 2018-2019.This no doubt has given some relaxation for taxpayers to file ITR. However, at times it may happen that we make a mistake while filing our ITR at the last minute. Here are common mistakes you should avoid while filing for your Income Tax Returns.
Paying late credit card dues can make your CIBIL score bad and can affect your credit score. This is the reason it is extremely vital to keep some important points in mind while paying the credit card bill. Find out the five tips that will help you to maintain your CIBIL score.
Sukanya Samriddhi Yojana (SSY) is the best tax saving option to secure your daughter's future. Parents can even save money for marriages of their two daughters with the help of this scheme. The scheme was started by PM Narendra Modi in the year 2015
Medical emergency is something which can occur anytime, anywhere and to anyone without giving a warning sign. So, experts suggest taking health insurance is the best option to secure yourself from any future emergencies. Taking health insurance also provides tax benefits as one can get tax deductions while under section 80D.
More than 50 percent of Indians are facing financial problems due to lack of jobs, unemployment, salary cuts and businesses closed, in order to maintain social distancing to suppress the COVID-19 pandemic as much as possible. In India, unemployment rates are rising incessantly and there is economic fall down due to future COVID-19 pandemic.
Due to COVID-19 pandemic, mostly all sectors are going through a lack of work and production /manufacturing predicament which is leading to financial crisis and job loss in the country. From the last two months, we have seen that most of the companies have cut salary, done lay-offs or closed their production/work for the time being.
Due to the COVID-19 pandemic, an economic crisis engendering high volatility in the capital markets is leading to investors losing their hard-earned money, at least for the time being. Most of the sectors have been badly affected due to the COVID-19 economic crisis
According to a study, 98 per cent of the grocery retail market in India is now controlled by Kirana stores and during the lockdown, many of the local stores have benefitted due to increase in customer footfall. Often people ended up paying more than the MRP during mid-March and April.
Post the announcement of lockdown 4.0, many things have changed. Especially the restrictions under 5 different zones (Containment, Buffer, Red, Orange and Green Zone) changed the demand for work from home so far.
Real Estate experts have called the Modi government's economic booster announced for the real estate sector on Wednesday as "much-needed" and hoped that this would provide the sector with more breathing space.
We have seen that many of us usually transfer the money using digital payments like UPI, Debit card, Google Pay, etc. But using a credit card during the cash crunch is not a bad idea to pay rent.
Due to COVID-19 pandemic, many of us are trying to secure enough liquidity. Amid all this, there is good news for taxpayers.
As new financial year has commenced and every professional is busy making financial plans by looking into different investment options in-order to save tax. We will guide you as how your old age financial aid NPS can give you tax benefits. Just read out few facts about NPS investment and tax benefits.
Due to high volatility in the markets and a somewhat similar or worse situation like the year 2008, investors are worry and want to make quick decisions regarding the investments they have made so far. The reason is no doubt an obscure picture of the future right now.
IndiaTvNews.com spoke to experts to bring out some essential financial tips during the lockdown.