In the financial world, this term is quite commonly used. But if you are someone who doesn’t know what it is, but wishes to learn more, you are at the right place. What is an Offer for Sale? Offer for Sale or OFS is when the promoters ie. the owners of a listed company sell … Read More “Understanding Offer for Sale” »
Tag: Personal Finance
Real Estate Investment Trusts or REITs is an organisation that owns, operates or finances real estates that produce income. It is modelled after mutual funds, REITs have provided investors with all types of regular income streams. Historically, REITs have delivered competitive total returns, on the basis of high, steady dividend income and long-term capital appreciation. … Read More “Basics of Real Estate Investment Trusts (REITs)” »
A personal loan is any amount of money that you can borrow in order to use for various reasons. Supposedly, you can acquire a personal loan to pay for home renovations, plan a wedding, or consolidate debt. These personal loans can be offered by banks, credit unions, etc. the amount of money that is borrowed … Read More “Best Instant Personal Loan apps in India” »
An Income Tax Return or ITR is a form that is used to declare the net tax liability, claim the tax deduction and report the gross taxable income. It is compulsory for everyone who earns a certain amount of money to file IT Returns. Be it companies, Hindu Undivided Families, self-employed or salary individuals, it … Read More “The Ultimate Guide to ITR filing.” »
Voluntary Provident Fund or VPF or Voluntary Retirement Fund is a type of voluntary fund contribution from the employee towards their provident fund account. This contribution is more after the 12% of contribution by an employee towards his EPF. The maximum amount of contribution is up to 100% of his Basic Salary and dearness allowance. … Read More “Reasons to invest in Voluntary Provident Fund.” »
Tax deducted at source or TDS is a concept to collect tax from the source of income. The deductee from whose income tax has been deducted at source would be given the credit of the amount of tax deducted on the basis of Form 26AS or also TDS certificate issued by the deductor. What is … Read More “What is TDS Refund and how to claim it online?” »
Debt funds that invest in securities that generate a fixed amount of income like corporate bonds, commercial papers, treasury bills, government securities and many more money market instruments. All of these instruments have a maturity date that is pre-decided and an interest rate that the buyer can earn on maturity, therefore the name fixed-income securities. … Read More “What are Debt Mutual Funds and their types?” »
An ELSS fund is an equity-linked savings plan which is the only kind of mutual fund eligible for tax reductions under the provisions of Sec 80C of the Income Tax Act, 1961. These are funds that invest most of their portion of their corpus into equity or equity-related instruments. Also known as tax saving schemes, … Read More “What are ELSS and its features?” »
A government bond or a sovereign debt is essentially a debt instrument that is issued by the central or state government of India. It is issued when the central or state government goes through a liquidity crisis and requires funds for infrastructural development. Since you are interested in investing in government bonds, here are some … Read More “Things to Know Before Investing in Government Bonds” »
WazirX and CoinDCX over the last couple of years have become some of the most influential crypto exchanges. On these platforms, which were way ahead of the curve, you can use INR to buy and sell bitcoins, cryptocurrencies, Altcoins, Crypto tokens and even stable coins. However, for a beginner, it becomes important to know which … Read More “WazirX vs CoinDCX: Which is better?” »