With the Indian e-comm space on a constant spree of expansion and acquisitions, more and more Indian consumers are shifting away from the traditional way of shopping at brick and mortar stores to shopping at these online virtual malls. This, along with demonetization has led to a sudden rise in the number of digital payments […]
Banking
Can a Mortgaged property be Gifted, Willed or Inherited?
Real Estate Property is one of the most sort-after investment options in India. The growth in disposable income, demographic changes such as the growing number of nuclear families, a rise in double income earning families, higher income levels within the urban population, the access and availability of bank finance (Loans) are driving the housing demand […]
6 Best Business Travel Credit cards for Indian Corporates
Traveling to different parts of India and abroad does not really come free of cost especially if situation entails frequent movement from place to place. The statement above actually refers to the tours usually associated with certain business development/marketing jobs. Travel credit cards can be the ideal medium to pay off the expenses when the […]
The Changing Face of Lending in India | Small Business Loans
Growing a small business can seem like a Herculean Effort. Between focusing on sales, providing customer service and managing inventory, a businessman can feel overwhelmed. In a competitive marketplace, every businessman is concerned about growing his business and keeping up with his competitors. The biggest challenge faced by MSME’s (Micro, Small and Medium Enterprises) in […]
What if the RBI hikes interest rates? | RBI’s Rate hike – Its Impact on the Economy & Personal Finances
One of the primary functions of the RBI is to control the supply of money in the economy and also ‘the cost of credit.’ Meaning, how much money is available for the industry or the economy and what is the price that the economy has to pay to borrow that money. ‘Availability of money’ is […]
FY 2018-19 Section 80TTB | Tax Exemption of Rs 50,000 on Interest Income to Senior Citizens
Most of the Senior citizens in India who do not like the volatility that comes with Equities / mutual funds prefer to save and invest in Fixed Deposits, Recurring Deposits and Small Saving Schemes. The main reasons for saving in these financial products are – low risk, guaranteed returns and fixed income. Is interest income […]