What is HUF? Hindu Undivided Family (HUF) is not defined under the Income Tax Act but is covered under the Hindu Law. By definition, HUF consists of all individuals who are lineally descended from a common ancestor and also comprises of unmarried daughters. HUF is not...
It is that time of the year again when investors start thinking about taxes and tax-saving investments. ELSS mutual funds which provide exposure to equity markets while allowing investors to get tax benefits have become increasingly popular especially among young people. However, while the tax...
A new year marks new beginnings. The start of a new year brings new hopes on the horizon and you want to do everything right to enjoy a better life. It is a good time to reflect on the year that went by and see...
Imagine this, you go shopping for your monthly necessities and see a great pair of shoes. Although you don’t want them but can’t resist the urge to buy them. You give in to your impulses and end up buying them. You wish you hadn’t indulged...
What is a Nominee? Is Legal heir and Nominee the same? Will your Nominee get the money on your death? Did you think that your nominee is the person, who will get all the money legally from your Life Insurance Policy and Mutual funds’ investments? Not many...
We are in the age of fast-track technology. Everything around is constantly evolving and updating. This is also particularly true about the new-age investments. The market is constantly fluctuating and giving rise to countless opportunities. Keeping track of the latest trends and updates in the...
It is often said that mutual fund is the best investment vehicle for new investors as well as small investors. One does not require any special knowledge about the finance or investment domain to be able to invest in mutual funds. Moreover, there is no special cap...
Rebalancing your portfolio means getting a right blend of asset classes in your portfolio. Generally, this is achieved by taking profits out of certain high-performing assets and re-investing them in the underperforming assets. Regular rebalancing of your investment portfolio allows you to ensure that your...
We all want to invest and grow our money. Mutual Fund investments are one of the best ways to invest in the market. You can invest in a wide range of financial securities and generate high returns. However, one question that keeps popping up, irrespective of...
Do price tags play a crucial part in your shopping decisions? Do sales and coupons comprise a significant part in your shopping sprees? If the answer is yes, you truly value your hard-earned money. You are doing a good job at not failing for the...