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Tanushree Jaiswal || Securing suitable funding is a critical aspect of any business effort, whether it's a beginning or an established company. Company loans are vital in providing the necessary cash to pay for various company activities, such as buying tools, growing operations, investing in new projects, or meeting working capital needs. With the ever-evolving business environment and increasing competition, companies in India are constantly seeking financial solutions that offer freedom, competitive interest rates, and fair payback terms.

Tanushree Jaiswal || The International Monetary Fund (IMF) projected that Japan's nominal gross domestic product (NGDP) will be surpassed by India's and Japan might fall from fourth to fifth place in the world the upcoming year. According to the IMF's April report, India's GDP is expected to reach $4.339 trillion by 2025, while Japan's GDP is predicted to reach $4.310 trillion. Because of the yen's decline, the 2025 timetable is one year earlier than anticipated. India is home to more than 1.4 billion people and continues to see rapid eco

Tanushree Jaiswal || What’s happening with Paytm COO? In regulatory filing on May 4, digital payments & financial services company Paytm announced resignation of Bhavesh Gupta, its president & COO. As to document, Gupt announced in letter that his resignation would take effect on May 31 at latest, at closing of work hours. Nonetheless, he stated that he intended to be involved with business as advisor in CEO's office. Gupta acknowledged strong leadership in payments & financial services that Paytm has achieved over past few ye

Tanushree Jaiswal || How’s IPL Team Doing Financially? Indian Premier League (IPL) has been prominent cricketing event, captivating audiences worldwide since its inception. However, recent financial data suggests concerning trend of declining revenues for IPL teams, indicating potential challenges ahead. Here's breakdown of revenue drop for each team, based on provided financial information: Chennai Super Kings (CSK) - MS Dhoni's Team FY19 Revenue: ₹ 418 crore FY23 Revenue: ₹ 359 crore Drop in Revenue: ₹ 59 crore Mumbai Indians -

Tanushree Jaiswal || ChatGPT can code your website. Another AI tool, Midjourney AI, can generate an image of Kareena Kapoor riding a bicycle just by responding to a prompt. AI tools are now doing things that were once hard to imagine. They're changing voices, analyzing documents, and potentially revolutionizing various industries. But can AI also pick your stocks? To find out this. A financial comparison site called finder.com conducted an experiment. They asked ChatGPT to create a stock portfolio following investment principles from reputab

Prakarsh Gagdani || Bucking media opposition, popular perception and Hillary Clinton’s campaign, Donald Trump has emerged as the 45th president of the United States of America. With Trump in the White House now, his agendas which formed basis for his win will have implications on India. These would result from his New Tax Plan, plans to bring jobs back to America, the Energy plan and his views on terrorism. The most prominent impact would be felt by the India IT companies as major portion of these companies’ revenues come from the outsourcin

Tanushree Jaiswal || Info Edge Stock Movement of Day • Naukri stock price opened at ₹6043.85 apiece, jumping 8% in early trade following Q4 results. • Info Edge India reported consolidated net profit of ₹88 cr for Q4FY24, significant turnaround from previous year's loss. • Naukri.com is key driver behind Info Edge's robust performance, contributing significantly to revenue growth. • Info Edge Q4 results revealed final dividend of ₹12 per share for FY24, reflecting company's strong financial health. • 99acres.com perfo

Tanushree Jaiswal || NCC Share Movement of Day Why NCC Share is in Buzz? Stock in news i.e. NCC Stock has recently reported significant surge in its financial performance for fourth quarter (Q4) of fiscal year 2023-24 (FY24). NCC limited has witnessed notable growth in net profit & revenue, primarily driven by higher execution of its extensive order book. These impressive results have garnered considerable attention from investors & analysts, highlighting NCC's robust growth trajectory & operational efficiency. H

Ruchit Jain || Nifty started Wednesday’s session on a positive note, but it witnessed resistance around 22300 mark and then consolidated in a range throughout the day. It gave up the morning gains and ended marginally negative around 22200. In last three trading sessions, Nifty witnessed a pullback move from the low of 21800 and it resisted around 22300 which is the 50 percent retracement mark of the recent fall and the hourly 89 EMA. However, the broader markets continued to see buying momentum and hence, the market breadth was healthy.

Tanushree Jaiswal || CIPLA Stock Movement of day Why Cipla Stock is in Buzz? • Cipla stock experienced significant surge of 6% amidst otherwise subdued market atmosphere, catalysed by optimistic management guidance. • Cipla's management provided bullish outlook, forecasting EBITD margin of 24.5%-25.5% for fiscal year 2025. This surge in stock price comes despite lingering uncertainties surrounding USFD compliance at Cipla's Go site. • Investors were particularly encouraged by company's focus on strong growth prospects in In

Ruchit Jain || Post the sharp pullback move on the expiry day, Nifty continued its momentum on Friday and it tested 22500 mark. The index ended the day just below this level with gains of over a quarter of a percent. Post the sharp pullback move on the expiry day, Nifty continued its momentum on Friday and it tested 22500 mark. The index ended the day just below this level with gains of over a quarter of a percent. The index witnessed a modest upmove in Friday’s session, but the broader markets rallied sharply as stock specific buying

Sachin Gupta || The benchmark index continued the up streak consecutively fifth day in a row amid positive global cues. Index exhibited notable volatility throughout the session, culminating in a strong surge during the final hours, propelling the Nifty to close at 22403.85 levels on Thursday. Similarly, Banknifty closed positively at 47977.05, marking a gain of more than half a percent. Sector-wise, Nifty Realty, Media, and Capital Goods emerged as top gainers, contrasting with the lag witnessed in the Metal sector. Individual stocks s

Tanushree Jaiswal || Stock market or share market is well known that stocks of publicly listed companies are traded on the exchange. However, not all companies are publicly listed. In fact, a startup company goes through multiple stages of growth before it is publicly listed. These privately known companies need capital funding and look for investors who believe in their growth story. Investing in companies that are not publicly listed is called private equity investment, where investors offer money for equity ownership of the company. The priv

Ruchit Jain || Nifty started the marginally positive and witnessed buying interest on intraday dip. This led to a positive momentum throughout the day and it ended above 22200 with gains of half a percent. In Monday’s session, Nifty witnessed a pullback move from the support of 100 DEMA and formed a bullish hammer pattern. The follow up move above the high of the candle on Tuesday confirmed a reversal and hence, we saw buying interest in the broader markets which resulted in a healthy market breadth. RSI has given a positive crossover on

Tanushree Jaiswal || Best Tax-Saving Investments for Senior Citizens in 2024 offer an appealing chance to reduce taxed income while building a retirement fund. As the Indian government continues to value the well-being of its older population, various tax benefits and investment schemes have been introduced to urge senior citizens to plan for their golden years. This thorough guide aims to provide an in-depth study of the top tax-saving options for senior citizens in 2024, allowing them to make informed decisions and maximize their retirement s

Tanushree Jaiswal || Best Investment Options in India 2024 will cater to a broad range of investment types, each looking to strike the right balance between risk and return. As the Indian economy shows resilience and growth potential, intelligent investors constantly explore new business paths to maximize their wealth creation possibilities. This thorough piece aims to list of Best Investment Options in India 2024, provide an in-depth review of the top investment plans available in India for 2024, divided by risk profiles, enabling investors to

Tanushree Jaiswal || Achieving a steady stream of monthly income is a common financial goal for many people, whether they are retired, nearing retirement, or want additional income. In today's unstable economic world, exploring financial choices that can provide a regular income flow while keeping a balanced risk profile is crucial. This piece discusses the 10 best investment plan for monthly income 2024, giving insights into their features, possible returns, and fit for different investment goals. What is a Monthly Income Plan? A monthly

Tanushree Jaiswal || Cricket, a game that embodies strategy, patience, and adaptability, offers more than just entertainment—it holds valuable lessons for investors. In this guide, we'll dive into 10 investment lessons inspired by cricket, exploring how the sport's dynamics mirror the complexities of the financial markets. From playing the long game to mastering the art of timing, cricket teaches us invaluable insights that can help navigate the unpredictable world of investing with finesse and flair. List of 10 Investment Lessons to Learn F

5paisa Research Team || Nifty registered a new record of 22500 during last week, but it witnessed some profit booking at the start of this week and ended the day above 22300 with a loss of about three-fourths of a percent. In Monday’s session, our markets witnessed profit booking at the start of the week where the small cap index corrected by a couple of percent. As of now, this dip seems to be a correction within an uptrend as the technical indicators are still positive and the index is trading above its crucial supports. In the deriva

5paisa Research Team || Nifty started the first day of the week around 22400 and traded within a narrow range throughout the day. The index ended around the opening levels itself, thus forming a small ‘Doji’ candlestick pattern on the daily chart. After a time-wise corrective phase for about a month, our markets resumed positive momentum last week after the GDP data. The rollover in Nifty was in line with its 3-month average while the same was lower than average in the Bank Nifty. We witnessed a long formation on the first day of the ne

5paisa Research Team || Nifty started the week marginally negative and the index traded within a narrow range throughout the day. Amidst stock-specific momentum, Nifty ended the day above 22100 with a loss of less than half a percent. During last week, Nifty registered a new all-time high but momentum has been lacking since the midcap index has entered a consolidation phase. In Nifty, the recent up move has been because of some short covering and we have not seen significant long build-up. FIIs have reduced some of their net short posit

5paisa Research Team || Nifty started the week on a positive note as it surpassed the previous swing highs during the day and marked a new record high of 22186. It gave up some of the intraday gains towards the end, but managed to end the day above 22100 with gains of about four-tenths of a percent. In last one month, Nifty has gone through a time-wise corrective phase where the index resisted in the 22150-22100 range twice. However, the intermediate declines from that hurdle were not that sharp as the index took support around the 40 d

Tanushree Jaiswal || As we approach 2024, the Indian stock market is abuzz with talks of the best business chances across different sectors. Gold stocks are among the most sought-after choices, and they have regularly proven their strength as a haven for buyers during economic instability. Gold, a valuable metal with a limited supply and high availability, has long been regarded as a stable store of value, making gold stocks an attractive business choice. In this thorough piece, we dive into the world of gold stocks, exploring the top stars

Tanushree Jaiswal || Investing in the Indian stock market has become increasingly approachable and easy for investors, thanks to the existence of index funds. These financial tools offer a simple and cost-effective way to gain exposure to the larger market without requiring lengthy study or active management. As we near 2024, index funds are expected to continue gaining popularity, driven by their natural benefits and the growing demand for dormant investment choices. In this piece, we will explore the best index funds to invest in India in 202

Tanushree Jaiswal || In the ever-competitive investing world, monopoly stocks have long been desired by investors wanting safety, steady growth, and resistance against market swings. As we near 2024, the Indian stock market presents various dominating companies across multiple sectors, allowing investors to capitalize on their strong market positions and robust business models. Investing in the best monopoly stocks in India in 2024 is a smart move for those wanting long-term wealth building and portfolio variety. What are the Best Monopoly S

Tanushree Jaiswal || As the world grapples with the difficulties of climate change and the pressing need to move towards a sustainable energy future, green hydrogen has appeared as a potential option. With its lofty sustainable energy goals and determination to lower carbon pollution, India is well-positioned to benefit from the green hydrogen boom. In 2024, buying India's best green hydrogen stocks presents an appealing chance for investors looking to match their portfolios with environmental sustainability while possibly creating attractive r

Sachin Gupta || Copper prices have surged to record highs globally, driven by strong long-term trends and tightening supply. The metal has seen a significant rise on Wednesday and hit an all-time high in the market. So far in 2024, copper has experienced a substantial 19 percent increase. The London Metal Exchange (LME) reports copper trading at a two-year high, while markets in the CME, Shanghai, and India have all recorded unprecedented prices, bolstered by robust gains in April and May. The recent copper rally has been further fuel

Tanushree Jaiswal || Beginning in April 2024, the price of gold saw a notable increase, a pattern that continues to highlight the worth and enduring appeal of this precious metal. This spike can be linked to a number of variables that have come together to drive the demand for gold to unprecedented levels. Growing tensions in the Middle East have fueled concerns about geopolitical instability, leading investors to look to gold as a traditional safe haven. In addition, there is a rising expectation that interest rates will be lowered in the US,

Sachin Gupta || “Oil Prices Slide Sharply This Week Amid Global Economic Jitters” Oil prices saw a modest increase on Friday, though they are poised to record their most substantial weekly decline in three months. This dip is attributed to lingering concerns surrounding demand and elevated interest rates, which have fueled a sell-off. However, this decline was somewhat offset by expectations that OPEC+ will continue to restrain production. The current week has been marked by apprehension among investors, who fear that sustained high i

Sachin Gupta || The cost of natural gas saw a 2.7% increase yesterday, closing at 146.90, as projections of limited feed gas demand and milder weather tempered upward momentum. Despite concerns over a significant storage surplus and reduced demand forecasts for the next fortnight, substantial price shifts were notably absent. This trend persisted despite decreased production resulting from reduced drilling activities following a price drop in February and March, and forecasts indicating colder weather ahead. In the United States, gas rig ope

Tanushree Jaiswal || NVIDIA's become 3rd largest company by market capitalization showcases its ability to anticipate and capitalize on emerging trends through innovative solutions, strategic partnerships, and a relentless pursuit of cutting-edge technologies across diverse sectors, positioning it as a tech industry leader. NVIDIA: A Brief History NVIDIA's beginnings can be traced back to 1993, when Jen-Hsun Huang, Chris Malachowsky, and Curtis Priem formed it. Initially focused on building GPUs for the growing game and professional graph

Tanushree Jaiswal || Thе top US stocks to buy are a wealthy invеstmеnt chancе for buyеrs worldwide and have thе potential for substantial gains. However, finding the best US stocks to buy now can be difficult, especially in the face of market instability and economic risks. In this article, we will rеviеw thе top US stocks to buy for your invеstmеnt portfolio and rеviеw thеir pеrformancе, growth prospеcts, and industry standing. Best US Stocks to Buy Now Applе Inc. (AAPL) The giant continues to rulе thе consumеr goods markеt with its n

Tanushree Jaiswal || The best US stocks to buy in 2024 include technology giants. The US stock market, commonly called the world's biggest and most liquid market, consists of various stocks in which an investor can take a stake to diversify their portfolio and improve returns. As the world economy recovers from the post-pandemic environment, finding the best US stocks to buy in 2024 has been a significant focus for Indian investors. This guide presents a detailed account of the best US stocks you can buy in the next year to offer exceptional re

Tanushree Jaiswal || Investors love to invest in the next-generation stocks. They bet on the trends of tomorrow. One thing that the world knows for sure is that AI is going to be the future and hence investors do not want to miss out on the AI boom. The excitement surrounding artificial intelligence (AI) peaked as chipmaker Nvidia exceeded expectations, leading to a 16% increase in their stock. This rally propelled stock markets across three continents to reach record highs. Nvidia, originally known for graphics cards in computer

Tanushree Jaiswal || Thе top 10 AMCs (Assеt Managеmеnt Companiеs) in India in 2024 will bеcomе thе main forcе bеhind financial choicеs for private and big cliеnts, with thеir vast knowledge and robust invеstmеnt framеworks and dеdication to providing bеttеr rеturns and thеsе AMCs arе wеll positionеd to guidе invеstors through thе еvеr changing markеt dynamics. As thе Indian еconomy continues its upward trend, thе top AMCs will bе crucial in unlocking financial growth and giving buyеrs accеss to various invеstmеnt tools suitеd to thеir uniquе nе

Tanushree Jaiswal || Salaried people often face the challenge of matching their daily costs with the need to build a strong investment account. Mutual funds provide a handy and flexible option, allowing investors to give small amounts regularly and benefit from the growing effect of returns over time. By investing in a well-diversified group of securities, mutual funds minimize the risks connected with individual stock purchases, making them attractive for paid people wanting long-term wealth building. Overview of Top 10 Mutual Funds for Sal

Tanushree Jaiswal || Gold has long been considered a safe-haven asset and a hedge against inflation and economic instability. Investing in gold can help diversify a financial portfolio and provide steadiness during market instability. While real gold has usually been the chosen financial route, gold mutual funds offer a handy and cost-effective way to gain exposure to the valuable metal. This piece reviews the best gold mutual funds to buy in India in 2024, their success, and the factors to consider before buying. What are Gold Mutual Funds?

Tanushree Jaiswal || In India, parents are keen on giving their children the best education possible whether it's within the country or abroad. However, with the constantly evolving education system this ambition comes with a hefty price tag. Graduating in India itself can cost parents lakhs of rupees while studying abroad can run into crores. This makes planning for a child's education a top priority for parents. To meet this goal, parents often rely on different savings products to accumulate funds. Some popular choices include schemes lik

Tanushree Jaiswal || Quick take on the Indian Emulsifier IPO The stock of Indian Emulsifier Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹125 to ₹132 per share. Being a book built issue, the final price will be discovered within this band. The Indian Emulsifier IPO has only a fresh issue component and no offer for sale (OFS) portion. The fresh issue portion is EPS dilutive and equity dilutive, but OFS is just a transfer of ownership and hence it is not

Tanushree Jaiswal || About the Mandeep Auto Industries IPO The stock of Mandeep Auto Industries Ltd has a face value of ₹10 per share and it is a fixed price issue. The fixed price for issue is set at ₹67 per share. Being a fixed price issue, the question of price discovery does not arise. The Mandeep Auto Industries IPO has only a fresh issue component and no offer for sale (OFS) portion. While fresh issue portion is EPS dilutive and equity dilutive, but OFS is just a transfer of ownership and hence it is not EPS or equity dilutive. As par

Tanushree Jaiswal || Building blocks of the Veritaas Advertising IPO The stock of Veritaas Advertising Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹109 to ₹114 per share. Being a book built issue, the final price will be discovered within this band. The Veritaas Advertising IPO has only a fresh issue component and no offer for sale (OFS) portion. The fresh issue portion is EPS dilutive and equity dilutive, but OFS is just a transfer of ownership and he

Tanushree Jaiswal || Understand the basics of the ABS Marine Services IPO The stock of ABS Marine Services Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹140 to ₹147 per share. Being a book built issue, the final price will be discovered within this band. The ABS Marine Services IPO has only a fresh issue component and no offer for sale (OFS) portion. The fresh issue portion is EPS dilutive and equity dilutive, but OFS is just a transfer of ownership and

Tanushree Jaiswal || Virat Kohli & Anushka Sharma are poised to reap substantial returns following upcoming listing of insurance startup Go Digit. Having invested total of ₹2.5 Cr in company, their investment is expected to yield remarkable 271% return, translating to notional profit of ₹6.75 Cr. Kohli purchased 266,667 shares at ₹75 each, while Sharma acquired 66,667 shares for ₹50 lakh, both through private placement in January 2020. With Go Digit's IPO slated to hit market next week, IPO details & prospects shed light on potential wi

Tanushree Jaiswal || Who is Shankar Sharma? Renowned financial expert and seasoned investor Shankar Sharma is well-known in the Indian stock market. He was the managing director of First Global, a well-known financial services company, before founding the prestigious asset management firm GQuant Investech. Shankar Sharma is well-known for his television channel appearances and contributions to financial magazines. After earning his degree from Delhi's Indian Institute of Technology, Sharma started working as a stockbroker in the early 19

Tanushree Jaiswal || "India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skillfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits. So, who are these notable traders, and what secrets contribute to their success? Let's delve into the profiles of the top ten brokers in India, examining the characterist

Tanushree Jaiswal || "India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skilfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits. So, who are these notable traders, and what secrets contribute to their success? Let's delve into the profiles of the top ten brokers in India, examining the characteristi

Tanushree Jaiswal || Introduction In today's digital age, knowing how to protect a demat account from fraud is crucial. An electronic repository for retaining your securities, a demat account is susceptible to many forms of fraud and online threats. However, you can protect your demat account and lessen the risk of fraudulent actions by taking crucial precautions. First, ensure the depository participant (DP) you select to open your demat account with is respectable and well-established. Choose a DP with a proven track record in security

5paisa Research Team || Demat Account is almost like a bank account. Just like you hold funds in your bank account, you hold shares and other securities in the Demat Account. Having a Demat Account is mandatory for trading in equities as per SEBI regulations. How to open Demat Account? Demat Account can be opened online or offline. It is normally opened along with trading account (TCD) by the broker. Demat Account can be opened with any authorised depository participant (DP); which could be a bank or a broker. Here is how to open a Demat

A free demand account normally refers to an account that has zero account opening charges, which is mandated by SEBI. When you open a demat account, there are a number of costs you commit, including when the demat account is idle. Demat account charges apply to a plethora of services offered by the DP. The demat account is typically linked to a trading account on one side and a bank account on the other. Just like your demat account has certain in-built costs, your trading account also has costs. The only difference is that trading account c

5paisa Research Team || You may actually wonder, what is there to choose between demat accounts? After all, it looks like a plain vanilla account where you can hold your shares. But you must do your homework before opting for your demat account. Here are some factors to consider before opening your demat account. How to choose the Best Demat Account? Ideally keep your trading account and demat account at the same place This is no statutory requirement as you are free to have your trading account and demat account with differen

Tanushree Jaiswal || When it comes to active trading there are two main strategies scalping and swing trading. Each has its own advantages and disadvantages. In this blog post, we'll explore both strategies to help you figure out which one suits you best. What is Scalping? Scalping is a fast paced trading strategy where people aim to make small profits by buying and selling stocks or other assets very quickly. They do this by making lots of trades throughout the day, sometimes hundreds. Each trade is held for just a few seconds to a few m

Tanushree Jaiswal || Daniel Kahneman, Israeli American economist, passed away at age of 90. May his soul rest in peace! Kahneman is best known for his work on Prospect Theory. March 28, renowned Daniel Kahneman, who was ninety years old, passed away. In realm of finance, there aren't many role models, but he was unusual exception. He is one of my heroes, in my opinion. Together with his long-time partner Amos Tversky, he was true outlaw who brought humanity to otherwise impersonal & gloomy world of banking. He was awarded 2002 Nobel

Tanushree Jaiswal || Today, we're diving into swing trading patterns which are like roadmaps for finding good opportunities in the stock market. The goal is to consistently spot these patterns, judge if they're promising and time when to buy and sell just right. But analyzing these patterns can be tricky especially for beginners. And even experienced traders spend a lot of time watching charts. But what if there was an easier way to understand these patterns and make smart decisions? But first, let's get into the details of swing trading

Tanushree Jaiswal || Swing trading is like riding waves in the ocean. Instead of trying to catch the entire wave like long term investing, you focus on catching just a swing or leg. This means you're not in it for the long time you're looking to hop on, ride for a bit and then hop off before things change too much. To do this effectively swing traders use technical indicators to identify those swings. These indicators are like signals that tell you when it's a good time to buy or when it's time to sell before it crashes. There are lots of

Tanushree Jaiswal || Income tax refunds are widely anticipated by taxpayers because they provide financial comfort and can serve as a boost to savings or planned spending. However, delays in obtaining these returns can be aggravating. To better manage this, consider using tools like the income tax calculator to gain clarity on your tax obligations and potentially expedite the refund process. In this post, we will look at the most prevalent reasons for income tax refund delays and offer advice on dealing with them. We want to teach people what t

Tanushree Jaiswal || Income Tax Return (ITR) filing is a critical annual financial duty every taxpayer must handle. Understanding the complexities of this procedure is critical for those looking to meet their tax responsibilities while avoiding fines. To simplify this process, consider utilizing the income tax calculator as it can assist in comprehending your tax obligations more effectively. This detailed tutorial will cover the primary stages and critical factors for submitting your income tax return. This essay will simplify the process and

Tanushree Jaiswal || Income tax, a pivotal facet of India's economic architecture, is not merely a financial obligation but a crucial contributor to the nation's progress. Understanding the advantages of income tax and recognizing the benefits of paying taxes in India is imperative in fostering a responsible and informed citizenry. Taxes form the financial backbone of an economy. To better understand and manage your tax responsibilities, consider utilizing the income tax calculator. The benefits of income tax are multifaceted, ranging from p

Tanushree Jaiswal || Many of us have received income tax notices in the past. It can be intimidating at times, especially when one thinks that all the taxes have been paid properly and proper tax returns were filed on time. However, once we understand what such notices are in detail and how to respond to them, they may feel less intimidating. Income tax notices are basically communication from the Income Tax Department that makes it mandatory for you to act upon them in a certain manner. They are different from income tax intimation that may

Tanushree Jaiswal || In Parliament today, Finance Minister Nirmala Sitharaman presented the interim Union Budget for 2024-25. This is the sixth budget of the current government under Prime Minister Narendra Modi's second term. Since the elections are coming up, the usual budget has been replaced with an interim budget. In spite of the interim nature, FM Sitharaman has announced schemes and benefits that bring relief to the general public. In this year's budget, the theme is "Viksit Bharat Budget 2024," emphasizing Atmanirbhar Bharat. The fo

Tanushree Jaiswal || The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, holds crucial insights for investors & the economic landscape. Here are the key highlights: 1. Revised Fiscal Deficit a) The revised fiscal deficit for FY24 stands at 5.8% of GDP, emphasizing government's focus on managing its revenue & expenses. b) Projections indicate a reduction in fiscal deficit to 5.1% of GDP in FY25, with a target to further bring it below 4.5% in FY26. 2. Tax Slabs & Interim Budget a) No ch

Tanushree Jaiswal || Highlight of the Budget In a ground-breaking move aimed at fostering innovation, the Union Budget announces a Rs 1 lakh crore corpus dedicated to supporting research & innovation for the tech-savvy youth. This corpus comes with a 50-year interest-free loan, offering a significant boost to the private sector's research & innovation efforts in emerging domains. What It Means? The establishment of this substantial corpus signifies a commitment to creating a conducive environment for technological advancement.

Tanushree Jaiswal || Well the budget 24 has been disclosed and the primary focus has been set on ‘Railways’, lets dig in tis blog to find out what’s fruitful is in this action. In significant move towards enhancing connectivity & fostering economic growth, Finance Minister Nirmala Sitharaman has announced implementation of three major Railway economic corridors under PM Gati Shakti initiative. These corridors—energy, mineral & cement; port connectivity; & high traffic density—aim to revolutionize multi-modal connectivity, improvi

Tanushree Jaiswal || Purchasing a car in India is often considered to be one of the most important life decisions, second only to purchasing a home. With the explosion of new-age technologies, prospective car buyers are looking to buy the fanciest, most advanced car at the most competitive prices. Of course, in this journey, choosing the right car loan is critical. Small variations in the interest rate can tally up to a big amount in the long run. Naturally, car buyers are always on the lookout for the best loan product while simultaneously

Tanushree Jaiswal || Introduction to Personal Loans in India Personal loans are mostly always unsecured and therefore have been one of the biggest growth engines for the asset books of Indian banks (especially for private banks) over the last few years. While trying to entice customers to take their personal loans, banks normally throw in incentives like pre-approved loans, minimal documentation loans, and automatic top-ups as sweeteners. Personal loans may look simple and attractive, but before availing of one, individuals must do some b

Tanushree Jaiswal || Life can take an unexpected turn at any moment and sometimes there is little we can do when faced with an emergency. But we can certainly take measures to cushion the impact of any unfortunate incident on our loved ones. With the sudden stoppage in regular earnings due to the unfortunate demise of the breadwinner, the dependent persons not only find it difficult to maintain their standard of living, but such a situation may also push them into poverty. This risk may be reduced by taking a life insurance cover adequate to co

Tanushree Jaiswal || When an insured car is transferred to another person, the new owner can’t drive the vehicle on the road with the same insurance policy with the seller’s or transferor’s name still written as the owner of the car even after the transfer. So, the new owner either needs to take a new insurance policy for the car, or get the name of the owner changed in the existing policy through the process of transfer of the insurance policy. With the transfer of a car policy, the insurance benefits of the policies also get transferred. W

Tanushree Jaiswal || With the advent of technology, dependency on insurance intermediaries has been reduced and policyholders may now renew their car insurance online directly through the website of the insurance companies. With the reduction in the length of the distribution chain, insurance companies also get a scope to reduce the premium. So, along with quick renewal, a car owner may get a discount as well. Steps for Online Car Insurance Renewal Step I: Research About Car Insurance Policy Insurance companies provide many incentive

Tanushree Jaiswal || The aim of taking any insurance coverage is to reduce uncertainty by transferring the risk of incurring a monetary loss due to the occurrence of an insurable event to a financially stronger entity – called an insurance company. So, by paying a pre-decided or predictable premium, the risk of suffering an unpredictable loss is covered through insurance. Paying a premium for insurance coverage would only be fruitful if a claim is honoured when such a request is made following the unfortunate happening of the insurable event