Indian people would look for risk free investment and finally they would select fixed deposit. They would plan their tax planning in fixed deposit and never think of investment in long term financial goals. Fixed deposits never make you rich. So come out of fixed deposit trap and start investment. This post will discuss “is Fixed deposit good investment?”. Investing ...
Electric vehicle are pollution free and green initiative by the government. The government of India is promoting electrical vehicles heavily. A special income tax benefit under section 80EEB is announced by the government for EVs. The new income tax section 80EEB allows a deduction for the interest paid on the loan taken for the purchase of EV. This section is ...
Mint published last one year returns of different assets. It listed equity, Gold, Cash(liquid fund) and Fixed deposit. This highlights importance of diversification of your investment in different asset class to get better returns. Here I like to share the same snippet shared by Mint for your reference. Thanks to Mint and ValueResearch. Here list of investment give best returns ...
Recent article on Mint highlights Why we should not rely entirely on Sukanya Samriddhi to save for children. Few points from the article. While the interest rates are high on Sukanya Samriddhi Account, it’s not the best product to save for children, at least, not the only product that you should rely on. “As the individual is saving for the ...