0 If you are senior citizen looking for a safe investment that gives regular income, the Senior Citizen Savings Scheme (SCSS) should be your first Port of call. It is as safe as it gets being a small saving scheme that is guaranteed by the government. It offers an attractive interest rate that is invariably … Read more A SUPERIOR CHOICE FOR SENIOR CITIZENS FOR INVESTMENT.
0 Giving a loan to or taking a loan from relatives and close friends is quite common to meet personal and medical emergencies, to tide over temporary shortfalls. Similarly, giving loans to house helps them with their personal needs is also quite common. Therefore, a recent news item, which seemed to suggest that accepting personal … Read more TAKING A LOAN FROM A RELATIVE IS NOT THAT SIMPLE.
0 According to the new rules, an entity will be considered a startup up to 10 years from the date of its incorporation and registration, up from the earlier duration of seven years. Similarly, an entity will continue to be recognized as a startup if its turnover for any of the financial years since incorporation … Read more WHEN A COMPANY IS CONSIDERED A STARTUP?
1+ EMI’s exceeding 50% of income – A lot many people fall prey to ‘easy EMIs’, ‘discounts’, and ‘sales’. Compulsive spending can strain your finances and push you towards a debt trap. “Some or the other sale will always be on and people who can’t control themselves often end up buying things on EMIs. Fixed … Read more 8 SIGNS THAT SHOW YOU ARE FALLING INTO A DEBT TRAP.