4 Key Differences between Tax Saver Fixed Deposit and PPF

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In this unpredictable and expensive world, it is important to have a practical financial map in place. Two of the best investment options are a Tax Saving Fixed Deposit and a Public Provident Fund. Once you open an FD account or a PPF, your money not only remains safe, but also multiplies along with earning…

NRI Taxation in India: Tax Implications, Rules & Exemptions

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Living abroad does not automatically end your tax responsibility in India. Your tax liability depends on two basic factors: your residential status for that tax year and the source of your income. When you qualify as a non-resident, India taxes income that is received in India or arises from an Indian source. Income earned and…

CIBIL Score: Why is important?

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CIBIL, Credit Information Bureau India Limited, is an important part of the financial system in India as it provides critical credit information about every individual and rates them based on their creditworthiness. The system has its own way of analysis which results in a credit rating for every individual called the CIBIL score. The CIBIL…

Coming Soon… Financial Result 2016

If you receive a bonus, incentive, or other extra income, you may consider using a part of it to repay your personal loan early. This can reduce the amount on which future interest is calculated. However, paying early is useful only when it fits your finances and the loan terms. Before making a payment, keep…