Budget 2018-19 & the Finance Bill 2018 have been tabled in Parliament. The Income Tax Slab rates have been kept unchanged by the Finance Minister for the Financial Year 2018-19 (Assessment Year 2019-2020). Tax planning is an important part of a financial plan. Whether you are a salaried individual, a professional or a businessman, you can […]
Loans & Credit
Checklist of Important Property Documents in India | Legal Checklist for Property Purchase
Buying a property (home/plot/flat) is one of the most important decisions that you will ever make. It involves a lot of money and is a serious money decision. It is an emotional one too! Whether you are a first-time property buyer or an experienced owner, buying a real estate property in India is not an easy task. It requires good […]
Investing in Mutual Funds while paying Home Loan EMIs | Cost-Benefit Analysis
I am paying my home loan since last 2 years and eats up 40% of my salary every month. I used to wonder should I invest whatever is left in mutual funds or repay my home loan. This dilemma is faced by a lot of homeowners in India. We don’t like to have loan on […]
What is Peer to Peer Lending? How does it work? | RBI’s latest Guidelines on P2P Lending Platforms
As per the latest RBI’s report, the total outstanding amount of un-secured loans (personal loans) given by the formal banking sector is around Rs 16,200 billion. That’s a huge amount! But, we all know that a majority of us (Indians) also rely on our friends, family members, acquaintances, money lenders, Chit funds and business associates […]
A Complete Guide to ‘How Banks Assess Your Credit Health’ | How Lenders decide whether to give you Credit?
When Karthik’s father had a medical emergency, he decided to pursue one of the many loan/credit card offers he receives on a daily basis. Initially, all looked positive as the over-enthusiastic bank representative excitedly pointed all the benefits Karthik would receive and how this was truly the best decision of his life. However, Karthik was […]
How Technology is Redefining the Financial Services Industry – As we know it today!
Technology today is rapidly changing the world around us. The wide-spread availability of internet enabled mobile phones has helped the common man to reap the benefits of technological advances in all streams around them. A consumer today can hail a cab conveniently using the smart-phone instead of waiting forever for the public transport to arrive. […]
