The Budget is like Christmas and the finance minister the Santa Claus, and every person expecting that the Santa will fill their stockings with their wishes. This year has been a tough for everyone– government as well individuals. The government is fighting to get back growth, improve fiscal health, raise money to fund long term […]
TDS, or tax deducted at source, is deducted at the source where an individual’s income is generated. As per the Income Tax Act, 1961, every individual/organization is liable to pay taxes if their income is above a certain threshold. Normally, the individual receiving income is liable to pay taxes. But TDS ensures tax deduction at […]
How do mutual funds work and the risk involved
Many investors keenly follow the Union budget, but this year the interest will be greater than usual. There are hopes that finance minister Nirmala Sitharaman will introduce measures to revive the economy. Further, investors are also hoping that some of the investor-unfriendly measures introduced in the past few years will be rolled back. Here are […]
The COVID-19 pandemic has taught the entire world the importance of having a strong healthcare sector. Knowing the immense contribution that the sector has provided all through 2020, it is possible that the long-term trend of low government spending on healthcare may show a reversal in the 2021 Union budget. To begin with, one of […]
Whenever I write about budget expectations, it is like asking Santa for goodies. So, here’s my wishlist for Santa, oops Finance Minister: – Increase the tenure for long term for equity and make it tax free. For equity to be long term, increase tenure to 3 years at least and make it tax free. More […]
The government made necessary and timely interventions through liquidity infusion, fiscal support and reform driven investments in the initial leg of relief measures. Further, the central bank and the central government rolled out other critical measures including loan moratorium, relaxation of NPA classification norms, one-time restructuring of corporate and personal loans (including home loans), etc. […]
Finance Minister Nirmala Sitharaman will present the Union Budget 2021 in the Lok Sabha on February 1. Sitharaman, who will present her third and Narendra Modi-led NDA government’s eight consecutive budget, is expected to roll out a plan to revive India’s economy post the pandemic. Prior to the Budget, the Economic Survey of India will […]
Market capitalization (market cap) means the total market value of a company’s outstanding shares. It shows the size of a company and its aggregate value. It is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share. For example, If a company has 1,000 shares, each […]
In a madly competitive age where everyone’s struggling to make ends meet, one often looks for alternative sources of income to manage daily expenses comfortably. From a variety of part-time jobs available today, one must look for a secure route that offers good money along with flexible hours. One such option can be to become […]