National Saving Certificates (NSC) are a time-tested tax-saving instrument that combine adequate returns with high safety. This is the only scheme which gives tax benefits on the investment and the interest which is reinvested.
The ban on entry load on mutual funds (MFs) has struck its first blow to the asset management industry, with the government-run India Post stopping the distribution of MF schemes through its designated post offices.
Public Provident Fund (PPF) is a savings-cum-tax-saving instrument. It also serves as a retirement-planning tool for many of those who do not have any structured pension plan covering them.
Small saving schemes are the most popular investment avenues among the general public. Safety, convenience, small investment and liquidity characterize these investments.
Good news for you, now there will be no entry load for your Mutual fund investments! The Securities and Exchange Board of India (SEBI) has recently abolished entry load for investing in mutual funds.
The stock market can hold an air of mystery to the uninitiated. How the price of a share is derived, why do stock market swing so drastically, should one buy or sell, whats the real worth of one share versus another are all areas of concern to the potential investor. We will try to answer some of these questions with respect to the current Stock Market environment.
Similarity between IPL T20 and Investing! Don’t be surprised, the most popular form of Cricket and your financial planning and investment share a lot of common strategies.
Gold is a monetary metal whose price is determined by inflation, by fluctuations in the US Dollar and stocks, by currency-related crises, interest rate volatility and international tensions, and by increases or decreases in the prices of other commodities.
The stock market is pricing in some amount of uncertainty ahead of election results. Volatility of stock market was high investors and brokers are analyzing various political scenarios that may emerge from General Election-09.
In addition to Public Provident Fund (PPF) or pension schemes of life insurance companies, the New Pension System (NPS) will help you save for your retirement. Absolutely anyone can participate in it! The New Pension System is available to all citizens of India.