Share market and investment articles

Alternatives to fixed deposits when interest rates are falling          Fixed deposits have always been a favoured investment in India for risk-averse investors. It acts as a much-needed umbrella in the turbulence of financial markets. The best part about a fixed deposit is guaranteed returns with the lowest risk; however, it has its share of problems. This arises when interest rates fall in an economy, reducing the returns on your fixed deposit amount.           Falling interest rates India as an economy is currently amid a pandemic, with the second wave sweeping the country. Our economy has still not recovered from the lockdown imposed last year, and many businesses were shut as a ramification of that. Thus, the interest rates have been pretty low for many months now in order to induce spending and boost consumption. And this is influenced by repo rates. Repo or repurchase rate is the r...

Top 5 Small Finance & Private Sector Banks Providing Higher Returns On 1-2 Year FDs           Fixed deposits are among the most highly regarded investment instruments in our country due to their guaranteed returns, tenure flexibility, and high liquidity. They are widely the most preferred alternative of investment for risk-averse investors, such as senior citizens, who fixate on FDs to meet not only their financial objectives but also to live their post-retirement life peacefully. On April 7, 2021, the RBI kept the repo rate at 4.00 per cent and the reverse repo rate at 3.35 per cent, which has led to banks dropping their FD rates since the last year. Having said that, there are still a handful of banks promising higher interest rates to both the general public and senior citizens. Hence, if you want to meet your short-term goal here are the 1-2 year FD rates for top small finance and private sector banks for an amount of les...

Do these 5 tasks as soon as the job starts, future will be safe, no there will be money problem          Meeting the first salary is one of the most important moments in a young person's life.  On this occasion, youth often spend money to buy gifts for family members and friends.  However, those who start earning at a young age 2-3 or maximum six months after starting tanning should start thinking about their future.  They should work towards creating a large fund for their retirement and to meet the target for the rest of their lives.  These targets may include things like buying your wedding, house or car.  There are some tips for this, which you must adopt.          Pay Education Loan: The benefit of tax deduction is available under Section 80E on the interest of education loan.  This reduces the burden of interest on the borrowers.  Hence, yout...

    Government-Backed Investment Options For Regular Monthly Income          DO you need a regular income? If you answered yes, here are different ways to invest and earn money on a monthly or periodic basis (quarterly, half-yearly, or annual also). Investments can assist you in establishing a second source of regular income. our invested money can generate additional income for you. Investing in safe investment option, on the other hand, increases the value of your money. Simply put, investment is a tool that allows you to grow your money without putting forth any effort over time without risking the principle. Here is your up-to-date list of all Monthly Income Options that are currently available in India. Note that senior citizens are eligible for comparatively higher interest rates on certain government-backed MIS options. As a result, you should choose among the various options available based on your risk appetite...

   When To Submit Form 15G/15H At Your Bank To Avoid TDS On FD?         Fixed deposits (FDs) are among the most common investment instruments because they provide assured fixed returns, capital protection and tax benefits as well. Fixed deposit interest, on the other hand, is completely taxable, which limits the attractiveness of FDs. On FD interest, banks are required to subtract tax at source, or TDS. If your income falls below the exempted cap, you will not have to pay TDS for the interest you receive. TDS is required to be deducted at a rate of 10% by banks. The bank will subtract TDS at a rate of 20% if the depositor fails to have a permanent account number (PAN). You must inform the bank that your income is below the exempted cap to avoid TDS being deducted. And to avoid TDS on FD you must submit Form 15G or Form 15H to your concerned bank. These two forms are self-declaration forms that allow you to certify that your incom...

  Business Model and Success Mantra – How Does DMart Make Money?    DMart Business Model Explained: “One must not open any store within a 1km radius of DMart”. This is a common saying in the retail industry to avoid direct competition with DMart. So what makes DMart so special to customers or so threatening to its competition. What are the strategies that have catapulted the retail chain to where stands today? Keep reading to find out.     D Mart's Growth  Story   The success story of DMart is owed to its investor and trader turned entrepreneur ‘Radhakishan Damani,’ Now you know what the D stands for in DMart.   Founded in 2002, the DMart retail chain is owned by Avenue Supermarts. It started off with only two stores in the state of Maharashtra and today boasts 220 stores and 225 DMart Ready stores across 11 states and 1 union territory. DMart was also one of the few companies whose shares were listed at almost a 1...