Best ways to save Tax – NPS
National Pension System National Pension System (NPS) is a low cost, tax-efficient and flexible retirement savings scheme launched by the government of India. It is one of the saving schemes where you can invest money monthly or through a systematic saving plan during your working life to get an adequate retirement income. All Indian citizens […]
Consequences of Defaulting On a Business Loan
In simple words, a loan default happens when a borrower breaches a decided term of the loan agreement. Generally, this occurs when a borrower does not make the agreed upon instalment payments. This results in the lender resorting to legal action against the borrower. Loan default happens when a borrower breaks or failing to observe […]
10 Government Schemes especially for Startups
The Government of India (GoI) and governments of several states have introduced schemes to finance and support startups. The GoI formulates provisions to alleviate the conditions of startups in its financial budget. Government schemes can be availed by startups if they fall under the definition of a startup provided by the GoI. The process of […]
All about Property Tax
What Is Property Tax? Property Tax, also sometimes known as House Tax, is the tax imposed on real estate owners by the municipal authorities like panchayat, municipality or Municipal Corporation. It is used for maintenance and upkeep of the local civic amenities of the area, like roads, sewage system, lighting, parks, and other infrastructure facilities. […]
Financial Tips for Single Women
Financial management becomes easier when there’s a team (for example, a married couple) involved. This is because often the responsibilities are shared between spouses, which make expenses and savings, both, easier to manage. However, for single individuals, rather single women, financial management can become a very tedious task. The goals of these single women don’t […]
E-Shramik Yojna 2022
Launching e shram card in the country is one of the greatest initiatives taken by the government to provide social & financial security to the laborers of the country. e shram card yojana is going to be beneficial for the construction laborers, street vendors, migrant workers, & low-income laborers. To take the benefit of the e shramik card, firstly, […]
5 Tax Saving Hacks
If you invest in stocks and equity funds, you must have earned healthy returns in the past few years. But while the going has been good on the investment front, there is bad news flowing from the tax department. In the past few years, the tax monster has spread its tentacles and started moving into […]
Business Loan for Minority
National Minorities Development and Finance Corporation (NMDFC), a Central Public Sector Enterprise under the Ministry of Minority Affairs, offers concessional loans/schemes to minorities to provide financial support to their business. Minority Business Loans have been a boon to the minorities giving a great relief to such entrepreneurs. Let’s read on to learn more about it. […]
Car Insurance claim rejection reasons
Seeing the first dent or scratch on your car can be heart-breaking, especially if it was caused due to someone else’s fault. But what’s more disappointing is when your car insurance claim is rejected by your car insurance company. Believe it or not, car insurance companies do not like to reject motor insurance claims without […]
RBI Digital Lending Norms
The Reserve Bank of India (RBI) has proposed new norms and asked the government to frame a new legislation to curb illegal digital lending in the country. The proposals come after a panel set up by the regulator found that there are 1,100 loan apps in various app stores, of which 600 are illegal. Digital lending in India is […]