Today’s Silver Price Investing in silver in India can be an attractive option for individuals looking to diversify their investment portfolio. Silver, often considered a precious metal alongside gold, offers various investment avenues. 1. Forms of Silver Investment: a). Physical Silver: Investors can purchase physical silver in the form of coins, bars, or jewelry. These… Read More »
Today’s Gold Price Factors influencing gold prices and how they are determined: 1. Supply and Demand: Gold prices fluctuate in response to the interplay between supply and demand Like any commodity. Increased demand or decreased supply can drive prices higher, and vice versa. 2. Inflation: Gold is frequently regarded as a safeguard against inflation. When… Read More »
Gold Bonds Gold Bonds Investment: A Definitive Guide Introduction: In today’s volatile economic landscape, investors are constantly seeking avenues for stable and secure investments. Among the plethora of options available, gold has maintained its allure as a safe-haven asset. In recent years, the introduction of Gold Bonds by the Government of India has provided investors… Read More »
Equity Linked Savings Scheme (ELSS) ELSS is a type of mutual fund scheme which invests primarily in equities, providing potential for higher returns over the long term. Equity Linked Savings Scheme offers tax benefits under Section 80C of the Income Tax Act, 1961 in India. Features of ELSS: Tax Benefits: ELSS investments qualify for tax… Read More »
Mutual Funds Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities such as stocks, bonds, money market instruments, and other assets. Overview of Mutual Funds: Structure: Mutual funds are managed by professional fund managers or management companies, who make investment decisions on behalf of the… Read More »
Kisan Vikas Patra (KVP) The Kisan Vikas Patra (KVP) serves as a modest savings program provided by the Government of India, with a core focus on encouraging long-term financial resilience among Indian populace, particularly in rural regions. Features of Kisan Vikas Patra (KVP): 1. Purpose: Kisan Vikas Patra was introduced with the aim of… Read More »
Recurring Deposit (RD) A recurring deposit (RD) is a type of term deposit offered by banks and financial institutions that allows individuals to save a fixed amount of money regularly over a predetermined period. Features of Recurring Deposits: 1. Regular Savings: RDs are ideal for individuals who want to save a fixed amount of money… Read More »
Fixed Deposit Interest Rate A Fixed Deposit (FD) serves as a financial instrument offered by banks and various financial institutions, enabling individuals to invest a specified amount for a predetermined duration at a fixed interest rate. Fixed Deposits are known for their safety, stability, and guaranteed returns. Key Features of Fixed Deposits: 1. Interest Rates:… Read More »
Capital Gain capital gain Introduction: Tax planning plays a crucial role in managing one’s financial affairs and maximizing after-tax income. which arise from the sale of assets such as stocks, real estate, or businesses, are subject to taxation. However, with effective tax planning strategies, individuals and businesses can optimize their capital gains tax liability… Read More »
Qualifies as Liquid Net Worth Qualifies as Liquid Net Worth, Liquid net worth is the term used to describe the part of someone’s or an organization’s total net worth that comprises assets which can be easily convert into cash without experiencing substantial depreciation in value or time delay. The specific assets that qualify as… Read More »
