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Tanushree Jaiswal || In today's skies, two giants rule the realm of aviation: Airbus and Boeing. If you've ever hopped aboard a commercial flight, chances are it was one of their planes. This is especially true for long-haul journeys, where Airbus and Boeing reign supreme, much like the timeless rivalry of "Coke vs. Pepsi" in the beverage world. But amidst this aviation duopoly, Boeing, one of the big players, is facing some serious issues. Let's turn back the clock to January of this year. On January 5th, things got hairy mid-flight o

Tanushree Jaiswal || The Indian retail scene is bustling with action, fueled by a burgeoning consumer base and a rapid uptake of e-commerce. In this bustling arena, the online beauty and personal care (BPC) sector stands out as a shining star, outpacing its brick-and-mortar counterparts by a country mile. Experts are raving about the online BPC sales, which are soaring at an eye-popping rate of 20% to 25% annually, leaving the offline sales trailing far behind with their modest 8% to 10% growth rate. In 2022, the Indian BPC market flexe

Tanushree Jaiswal || Do you also feel that Myntra's homepage on most days screams “End of Reason Sale (EORS)”? They have these bright banners screaming "Grab or Gone Deals", and "OMG! Deals” like all of the time. Well you are not wrong. As per The Ken, Myntra has 22 sale days per month—double the count from two years ago. In contrast, its competitor Ajio barely managed 14 such days. But why so? Flipkart owned Myntra is one of the largest fashion e-commerce company in India isn’t really growing as it used to. You see, In FY23, Myntra’

Tanushree Jaiswal || India rolled out a fresh electric vehicle (EV) policy on Friday, aiming to woo foreign players like Tesla and Vinfast into the country's budding electric car sector. Under the new policy, foreign automakers are now eligible to import up to 8,000 EVs annually, priced at $35,000 or higher, at a reduced import duty of 15% (down from the previous 70%). This applies provided they pledge to invest at least $500 million in India over the next three years. Furthermore, these companies must kickstart local manufacturing operatio

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 || Cochin Shipyard Ltd. Stock Movement of Day Probable Rationale Behind Cochin Shipyard Stock Surge Cochin Shipyard Limited (CSL) has witnessed significant growth & garnered attention due to several strategic initiatives & successful projects. Here are some key factors that likely contribute to recent surge in CSL's stock: 1. Green Vessel Construction & Demand from Europe - CSL's steel cutting of world's first zero-emission feeder container vessel using green hydrogen as fuel for Samskip

Tanushree Jaiswal || IGL Stock Movement of the Day IGL Stock Analysis of the Day We believe Indraprastha Gas (IGL) has the makings of a multi-bagger since it has been able to multiply its capital at extremely profitable rates of return. As a result, it's no surprise that stockholders have received a good 58% return on their investment over the previous five years. While the strong underlying trends may be accounted for by investors, we believe this company is still worth investigating further. Probable Rationale Behind the

Tanushree Jaiswal || CAMS Stock movement of Day Why CAMS is in Buzz? Computer Age Management Services (CAMS) have recently garnered significant attention in financial market due to it is authorization by Reserve Bank of Indi (RBI) to operate as online payment aggregator. This developments marks pivotal moment for CAMS, showcasing its expansion into not only digital payments segment but also further solidifying its position as key player in financial services industry. Shall I Invest in CAMS & Why? CAMS, India's not only larg

Tanushree Jaiswal || BSE Stock Movement of the Day Why BSE Stock is in Buzz? BSE Ltd, renowned stock exchange operator, has recently garnered significant attention in market, surging nearly 8 percent in early trade on April 10. This remarkable uptick followed upgrade in rating by brokerage firm Investec, which assigned "buy" rating to stock along with price target of Rs 2,800, indicating potential upside of around 38 percent from previous close. Investec highlighted several factors driving this upgrade, including strong traction i

Ruchit Jain || Ahead of the mid-week holiday, Nifty witnessed another gap down opening and then traded within a narrow range. The index ended below 22150 with a loss of over half a percent. Nifty Today: From the recent high of 22768, Nifty has seen a sharp correction in last one week mainly because of negative global news flows leading to unwinding of long positions. The RSI oscillator on the daily chart hints at a negative momentum, but the oscillator is in the oversold zone on the lower time frame (hourly) charts. Also, the market b

Ruchit Jain || Our markets started the week on a negative note owing to the rising geopolitical tensions seen over the weekend. Nifty witnessed some pullback from the opening hour low of 22260, but it witnessed selling pressure at higher levels and ended the day around 22270 with a loss of over a percent. Nifty Today: Nifty started a corrective phase last week from its resistance of 22750 which was the higher end of a rising channel and the retracement hurdle. The negative global news flows dampened the sentiments and hence, we witnes

Sachin Gupta || The benchmark indices started on a weak note and continued downward during Friday's session, influenced by weak global cues. Both the Nifty50 and BankNifty experienced a sharp decline of almost 1% each after reaching their all-time highs on Wednesday. Nifty Today: Overall, it was a short trading week due to a holiday on Thursday. During Wednesday's session, the Nifty had reached a new all-time high of 22,775.70, and the SENSEX also hit an all-time high of 75,124.28 for the first time in history after the Indian market

Ruchit Jain || Ahead of the mid-week holiday, Nifty traded within a narrow range with a positive bias and ended above 22700 mark. Nifty Today: The Nifty has been forming a Higher Top Higher Bottom formation and is thus in an uptrend. However, the index is trading around its important near term hurdle as the rising trendline resistance coincides with the 127 percent retracement of the recent correction in Nifty around 22750. But there are no reversal signs yet and hence, we could even see a continuation of the uptrend. The near term suppo

Tanushree Jaiswal || Exploring the complexities of gift taxes reveals a complicated network of restrictions and exclusions. In this article, we will address the fundamental subject of ‘’how gifts are taxed’’. Understanding the subtleties of present tax legislation is essential for everybody trying to traverse the panorama of giving without incurring unexpected monetary liabilities. We want to simplify the process by delving into the complexities of exclusions and taxable gift levels. One critical inquiry we address is: how much can you gift som

Tanushree Jaiswal || Budgeting is the most essential step when it comes to managing your income efficiently. While budgeting has a lot of advantages, a key benefit includes tracking down your expenses and controlling them according to your choice. This helps to reduce unnecessary expenses and also helps you save your hard-earned money for better purposes. Although, a lot of people out there don’t know how to make a monthly budget. This is because budgeting has some essentials through which a person can track down their expenses and manage t

Tanushree Jaiswal || Are you starting a stock market adventure with little funds? Have no fear! This post will provide you with a path for intelligent budget investing. We'll reveal tactics designed for beginners who use resources like commission-free platforms and fractional shares. Learn how to invest small amounts of money and disperse risk without making a significant initial commitment. Learn about the benefits of compound interest and how small initial investments can eventually result in substantial gains. We'll walk you through the fund

Tanushree Jaiswal || In today's fast-paced financial environment, "How to Make Money from Special Situation Investing" stands out as an appealing way for competent investors. Unification, bankruptcies, and company restructurings provide one-of-a-kind possibilities to create significant profits. This essay examines the complexities of unique investment circumstances, examining the tactics and critical factors that can produce positive results. From spotting undervalued assets to negotiating complex financial problems, readers will learn how to c

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 || Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 IRCTC BUY 1058 1016 1100 1140 RADICO BUY 1768 1688 1850 1925 BRIGADE BUY 1003 966 1040 1075

Tanushree Jaiswal || As the excitement of the Indian Premier League (IPL) takes center stage once again, with the 2024 season set to commence on March 22nd, 2024, fans are gearing up for another exhilarating ride. But amidst the frenzy of cricket fever, did you ever consider that the IPL could offer valuable insights for stock market investors? Indeed, beyond the thrilling matches and sensational players lies a wealth of investment wisdom waiting to be uncovered. Things to learn from IPL 2024 Early Investing: In IPL, the powerplay ove

Tanushree Jaiswal || The IPL 2024 season isn't just about cricket; it's about stocks too. This iconic sporting event, with its electrifying matches, holds the potential to shake up the stock market dynamics. As one of India's most anticipated spectacles, the IPL goes beyond just entertainment, capturing the nation's imagination and influencing various sectors, including the economy. Corporate involvement in the IPL as sponsors and stakeholders hints at a deep-rooted connection between cricket fervor and financial market activity. Emotions of

Tanushree Jaiswal || Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 HDFCBANK BUY 1550 1488 1615 1675 CHAMBLFERT BUY 381 369 393 405 INDUSTOWER BUY 314 299 330

Sachin Gupta || In February, global central bank gold reserves continued their upward trajectory, expanding by 19 tonnes. This marks the ninth consecutive month of growth, although the increase was notably lower compared to January, which saw a total addition of 45 tonnes. Despite the month-to-month fluctuation, the year-to-date figures show a substantial increase, with central banks collectively adding 64 tonnes over January and February, a significant rise compared to the same period in 2022. The People’s Bank of China emerged as the large

Sachin Gupta || Copper prices surged to an 11-month high following discussions among Chinese smelters aimed at addressing the steep decline in processing fees. The talks, which involved executives from over 15 Chinese plants, included considerations for potential production cuts, raising concerns about a potential shortage in the market. Copper Prices Soar to 11-Month High on Chinese Smelters' Production Cut Talks The copper prices jumped by as much as 3.5% in response to the discussions, triggering a flurry of a

Sachin Gupta || Oil prices hold steady amid positive Chinese trade data Oil prices remained stable on Thursday, maintaining gains from the previous day's trading session. The market was buoyed by encouraging Chinese trade figures and a report from the U.S. indicating a smaller-than-anticipated increase in crude inventories alongside substantial draws in fuel stocks. However, the optimism was tempered by concerns that potential cuts to U.S. interest rates might be postponed, which acted as a dampener on further price increases. China's

Sachin Gupta || Gold prices experienced a slight dip on Friday, despite a weakening dollar and bond yields, as markets remained cautious about the possibility of prolonged high U.S. interest rates. The decline in the prices occurred amidst steady economic data from the United States and a series of statements from Federal Reserve officials indicating a hawkish stance, which led to reduced expectations of interest rate cuts in the near future. Goldman Sachs noted that while the likelihood of delayed U.S. rate cuts could pose challenges for go

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 || Introduction In the vibrant landscape of India's financial evolution, Gujarat International Finance TecCity (GIFT City) stands as a beacon of innovation and strategic brilliance. Positioned as the country's premier International Financial Centre (IFC), GIFT City is orchestrating a masterstroke strategy to reshape India's financial future. About IFSC in GIFT City Sprawling across 3.6 million sq. meters in Gandhinagar, GIFT City is India's inaugural IFC approved under the Special Economic Zones Act 2005. This groundb

Tanushree Jaiswal || Once upon a time, in the annals of marketing history, there existed a legendary feud between two beverage titans – the Coca-Cola Company of Atlanta & the Pepsi-Cola Company of New York. This epic clash, known as the Cola Wars, unfolded over decades, with each company's marketing departments engaging in a relentless duel to claim the coveted title of the number one soft drink in consumers' minds. The saga began in 1886 when John Pemberton, a pharmacist with a penchant for experimentation, accidentally concocted a beve

Tanushree Jaiswal || The S&P 500 is the epitome of American economic prowess. S&P 500 index fund beckons investors worldwide with promises of stability and growth. Comprising 500 powerhouse companies, it is an unparalleled benchmark for the U.S. stock market. For Indian investors, accessing this financial giant becomes a strategic endeavor. A thorough grasp of index funds and financial strategies is necessary to navigate the difficulties of foreign investment successfully. What is the S&P 500? The S&P 500, or Standard &am

Tanushree Jaiswal || Investing money systematically into mutual funds via the Systematic Investment Plan (SIP) route over the long term can help an investor multiply his or her savings manifold. Mutual funds allow an investor to diversify their investments as they invest in a basket of stocks and debt, across industries, themes and sectors. The SIP route allows investors to make small ticket investments and, over time, keep averaging upwards or downwards depending on the direction the broader market is taking. In fact, if one does not ha

Tanushree Jaiswal || The asset allocation of an ELSS fund, or equity-linked savings plan, is composed of 65% investments in equities and equity-linked assets, with a small amount of exposure to fixed-income instruments. This mutual fund program features a three-year lock-in term, in contrast to other schemes. According to the terms of Section 80C of the Income Tax Act of 1961, it is the only kind of mutual fund that is deductible from taxes. Here, you may save up to Rs. 46,800 a year on taxes alone and receive a tax refund of up to Rs. 1,50,

Tanushree Jaiswal || Are you a newbie investor eager to start your investment journey? Are you afraid of the investment lingo but want returns higher than FD? Well, you are at the right place my friend as we have the perfect solution – index funds! Index funds are the safest investment option available to investors if they are looking to invest in equity markets. If you find yourself confused by financial jargon and do not want to put a lot of effort into researching funds and investment options, Index funds are the best investment opti

Tanushree Jaiswal || Large-cap mutual funds are going to have their moment in 2024. As per a report by Business Standard, investors should expect lower returns from mid and small-cap equity mutual funds in 2024 due to high valuations and a lack of positive triggers. The spotlight is going to be on Large cap funds. Large cap funds are mutual funds that invest mostly in big companies with large market capitalisation.They're known for giving good returns while being less jumpy compared to mid and small-cap funds. These funds put your money

Tanushree Jaiswal || Building blocks of the Teerth Gopicon Limited Ltd IPO Teerth Gopicon IPO is a fixed price issue of Rs 44.40 crores. The issue comprises entirely a fresh offering of 40 lakh shares. Teerth Gopicon IPO commenced its subscription on April 8, 2024, and concludes today, April 10, 2024. The allotment for the Teerth Gopicon IPO is scheduled to be finalized on Friday, April 12, 2024. The IPO is set to list on NSE SME, with the tentative listing date fixed as Tuesday, April 16, 2024. Teerth Gopicon IPO is priced at ₹111 per sh

Tanushree Jaiswal || Building blocks of the DCG Cables & Wires Limited IPO DCG Cables & Wires IPO, a fixed price issue of Rs 49.99 crores, comprises an entirely fresh issue of 49.99 lakh shares. DCG Cables & Wires IPO commenced subscription on April 8, 2024, and concludes today, April 10, 2024. The allotment for DCG Cables & Wires IPO is set to be finalized on Friday, April 12, 2024. DCG Cables & Wires IPO is slated to list on NSE SME, with a tentative listing date scheduled for Tuesday, April 16, 2024. DCG Cables &amp

Tanushree Jaiswal || Building blocks of the Bharti Hexacom Limited Ltd IPO Bharti Hexacom IPO, book-built issue worth Rs 4,275.00 crores, comprises entirely of offer for sale of 7.5 crore shares. Bharti Hexacom IPO bidding commenced for subscription on April 3, 2024, & is scheduled to conclude on April 5, 2024. Allotment for Bharti Hexacom IPO is anticipated to be finalized on Monday, April 8, 2024. Following this, IPO is set to list on both BSE & NSE, with tentative listing date fixed as Friday, April 12, 2024. Bharti Hexacom

Tanushree Jaiswal || Building blocks of the Aluwind Architectural IPO Aluwind Architectural IPO, amounting to Rs 29.70 crores, comprises a fixed price issue of 66 lakh shares, all of which are fresh shares. Aluwind Architectural IPO commenced its subscription period on March 28, 2024, and concludes today, April 4, 2024. The allotment process for the IPO is anticipated to be completed by Friday, April 5, 2024. As for its listing, Aluwind Architectural IPO is slated to be listed on the NSE SME platform, with a tentative listing date set for Tu

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 || "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 || 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 || Introduction Atal Pension Yojana (APY), introduced by the Government of India in 2015–16, is social security scheme designed to provide reliable income stream after the age of 60 for all citizens. Aimed primarily at individuals in the unorganized sector, this pension scheme assures financial independence during retirement. Let's dive into the key features, benefits, & recent updates of APY. Key Features of APY 1.Automatic Debit Monthly contributions are automatically debited from the beneficiary's linked bank

Tanushree Jaiswal || The price of any product is directly proportional to its demand. If one were to place a massive order for a particular stock it is mostly likely to get noticed and lift its price. But there are ways to hide this appetite and one of these is the iceberg order. The iceberg order originates from the idea that if an iceberg is floating, what you see is just its tip. This misleads people about the size, as most of the ice is hidden under the water. This trick is used to keep the market in a lull when placing a large order

Tanushree Jaiswal || Ace investor Warren Buffett once famously said: “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.” Buffett was talking about investments in financial markets. However, there is another aspect to this - if someone is making profit in a trade, someone else has to be making a loss. This holds true especially for the derivatives market that is a zero-sum game. There will be days when you might feel like the Warren Buffett of the stock market, and there will be days when something as innocuous as a

Tanushree Jaiswal || The last decade has seen a large number of retail investors enter the Indian stock market. The digitisation of the country’s financial system, coupled with the fact that almost anyone can now open a demat account at the click of a button, has meant that the average retail investor can now dabble directly in the stock market just as any seasoned investor with a large pile of cash. In other words, if you know how to invest, which stocks to bet on and how long to stay invested for, you are as good a stock investor as that s

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