The levy on the profit gained from an investment that is incurred when the investment is sold is known as capital gains tax. When taxable investments like stock shares are sold, the profits or capital gains are referred to as having been ‘realised’. Capital gains tax does not apply to unsold investments or ‘unrealised capital … Read More “Your Ultimate Guide to Capital Gains Tax” »
Tag: Personal Finance
What is a Credit Score? It is a numerical representation of a consumer’s creditworthiness and lies between the range of 350-800. It is the primary metric that a lender considers while deciding whether the said consumer should be lent money or not. It goes without saying that the higher the score, the better it is … Read More “How to Improve your Credit Score” »
The term IRA stands for Individual Retirement Account which in reality is a savings account with tax advantages that a consumer can avail of by opening and participating in long-term investment. An IRA is formed to encourage and incentivize individuals to save for retirement. Any individual who earns income is eligible to open an IRA … Read More “Gold IRA (INDIVIDUAL RETIREMENT ACCOUNT)” »
CIBIL stands for Credit Information Bureau (India) Limited.CIBIL depicts TransUnion CIBIL Limited, an Indian company that has access to all credit information available on Indian citizens In simple terms, the CIBIL score is a consumer’s credit score. It is a three-digit numeric indication of a consumer’s creditworthiness, credit profile, and credit history. Numerous factors come … Read More “CIBIL SCORE” »
The Union Budget 2022 of India mainly focused on “technology and digital” along with sectors like health, education, infrastructure and provision of e-services to the masses. This union budget 2022 has laid down a foundation and structure of the economy over ‘Amrit Kal’ of the next 25 years- from India at 75 to India at … Read More “Union Budget 2022-23 – Key Takeaways” »
Zerodha is one of India’s no.1 brokerage firms. It is the most popular and largest broker offering online service providing flat free discount brokerage to invest in equity, commodity, currency, IPO and Direct Mutual Funds. Zerodha charges no-cost brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges Rs 20 … Read More “Zerodha Review” »
Upstox, initially known as RKSV Securities, has investors like Kalaari Capital, Ratan Tata and GVK Davix. It is a tech-first low-cost broking firm in India providing trading opportunities at unbeatable prices. The platform provides trading options across various segments like equities, currency, futures and options, commodities, all of which are available on the Upstox Pro … Read More “Upstox Review” »
The Employee’s Provident Fund or EPF was developed with the enactment of the Employee’s Provident Fund Ordinance in 1951. The EPF ordinance was then replaced by the EPF Funds Act,1952. This bill was later introduced in the parliament in the year 1952 in order to facilitate provident funds for employees in establishments like factories, offices, … Read More “Everything you need to know about Employee’s Provident Fund” »
Angel Broking is one of the leaders in terms of full service broking houses with discount broking charges. In recent times, they have been rebranded as Angel One. Angel Broking Ltd. is a Digital First broker that has revolutionised the way retail trading is done in India and offers an extensive range of financial services. … Read More “Angel Broking Review” »
Lately, the whole country seems to be interested in SIPs and the world of benefits they bring along. One could say it is because of rampant advertising and conversation around it. But the real reason is how systematic, easy to follow and beneficial it is for first-time investors. What is SIP? SIP stands for Systematic … Read More “What is a SIP and why is everyone interested in it?” »