Investment refers to the distribution of money in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development. The benefit from investment is called a return. The return may consist of a profit from the sale of property or an investment, or investment income including dividends, interests, rental income etc., or a combination of the two. Investment provides great many benefits and ensures that your money does not sit idle in your bank account and is in turn making even more money in the form of interest or the assets you invested into are seeing an increase in valuation. Investment is important as it ensures that your current income gets tax exemption and gives you future protection in the form of financial stability. It provides you with backups that will help you financially in your time of need.
Employee’s Provident Fund or EPF is a government scheme that helps an employee in several different ways. It works as a great savings tool, an emergency fund, a retirement corpus/pension plan, etc. Moreover, it also saves you taxes on the amount you contribute towards the PF account and on the interest you earn on the […]
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If you are having some idle money then the best option is to invest that money. The most compelling and safest option of investment these days is Mutual Funds. This will enable a user have financially stable life afterwards. Mutual Funds has also become a widely acceptable and popular investment option these days. Mutual fund […]
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Post Office Schemes include an array of great investment options that offer amazing interest rates like SSA, NSC, PPF, SCSS, and so on. And most of these schemes are eligible for tax benefits up to a maximum of INR 1.5 lakhs as per Section 80C. The best part is that when you invest in these […]
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The National Pension Scheme (NPS) and the Atal Pension Yojana (APY), both are investment schemes meant to secure your future. Both of these work hard to make your retirement life free of worries. Most of us don’t work actively after our retirements and hence, don’t receive a regular income source. So, even if our income […]
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If you are a salaried professional in India, then you must be aware of schemes like EPF, VPF, NPS, and so on. All these schemes are meant to save a considerable amount of money on taxes and grow your fortune. Anybody who wants to secure their future and save money must invest in investment plans. […]
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With the results of the 2020 presidential election as good as settled, investors are wondering about not only the political effects of Biden’s presidency, but the economic effects as well. It’s true that President Trump hasn’t conceded the election and is still doing his best to contest the results, but his case seems to be […]
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National Pension Scheme or NPS is a long-term investment scheme that is meant to secure your financial future. This is a voluntary scheme and not compulsory for anybody to join. It will give you a monthly pension payout for your post-retirement needs. Moreover, it is a tax-saving investment plan as well. The amount you contribute […]
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Recently, there has been an increase in the popularity of Dematerialization and Demat accounts. Around 99% of the shares in India have already been dematerialized with the help of Demat accounts. Also, 100% of the stock market settlements take place in Demat form. More and more people are willing to join the stock market and […]
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Many Americans have gotten creative in the face of job layoffs, adding new ways to make ends meet to their daily life. With Covid-19 continuing to force layoffs throughout the country, some people are turning to their assets to get through tough times (even if those assets are old and broken pieces of jewelry from […]
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Leading a financially secure and independent life after retirement is something almost everyone hopes for. However, with the ever-rising rate of inflation, maintaining a comfortable standard of living is something that may seem challenging for many. Even with enough savings, you’ll need a regular source of income to meet your needs, especially in the absence […]
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