Finance

3 Tips for Finding Affordable Car Insurance

Car insurance is a necessity in California. You should focus on finding a policy that will provide you with the coverage you need without spending too much on the premiums. When you’re looking for affordable car insurance Sacramento insurance agents provide a few tips to help you save money. Look for a Safe Car One of the best things that ... Read More »

Where you have more chances to earn money: Forex or Binary Options?

If you are a beginner investor who is wondering you have the chances of making the most profit, this article will come as a handy guide to help you decide which trade instrument you should use. Binary Options investments are pretty new while the forex trading has been in existence since the origin of money. The forex markets are much ... Read More »

I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

The income taxdepartment on Thursday released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate assets for payment of dues. The department issued an advertisement as part of its name and shame defaulters policy in leading national dailies titled ‘List ... Read More »

Snap lays off 100 employees in latest round of downsizing

Snap Inc. is cutting another set of employees, focusing this time on the advertising side of the business after earlier trimming staff in engineering and content. The cuts total around 100 workers, according to people familiar with the matter, and represent the final step in a restructuring process set in motion in the fourth quarter. The people didn’t want to be identified ... Read More »

How to Choose The ‘Sahi’ Mutual Funds?

Mutual funds are subject to market risks. Still, mutual funds sahihain. There are plenty of reasons to believe so since a financial instrument like a mutual fund policy mostly give good returns. It will happen so, only if you play (invest) it smartly. A mutual fund investment is a matter of personal discretion in the real sense. One must be ... Read More »

No tax exemption if LTCG from sale of residential property is used to buy farm land

Is LTCG exempt if I buy agricultural land by selling a residential property? A portion of this amount was withdrawn from an LTCG deposit account towards partial payment of a housing board property. But the authority is yet to announce allotment. The LTCG deposit scheme is valid only for 2 years. Can it be extended since the allotment procedure has ... Read More »

You are eligible for the PF interest even if your account has been inoperative

I recently lost my job where I was earning Rs80,000 per month. After staying unemployed for 5 months, I took up a job that is now paying me Rs50,000 per month. I have an EMI of Rs25,000 for the next 7 years. My investments are—Rs35 lakh in fixed deposits, Rs2 lakh lump sum in mutual funds and Rs5 lakh in ... Read More »

How to exit your investments

It is not enough to just plan and save for your goals. You may do everything right on that score but still find yourself short if the money is not readily available to use when the goals have to be funded. Here are some moves to make at the end stage of the game—when you are near your goals—so that ... Read More »

Muthoot Finance Q3 net profit jumps 59% to Rs 464 cr

Muthoot Finance today reported 59 per cent jump in its consolidated net profit to Rs 464 crore for the third quarter ended December 31, the highest ever quarterly gains on increased demand for loans. The company had made a net profit of Rs 291 crore during the corresponding quarter of 2016-17. Total income grew by 16 per cent to Rs ... Read More »

A fundamental change is underway in the financial markets, and it will not be pleasant

It starts with money and rates. There is a hot debate among the bulls and the bears as to whether the recent change in equity valuations represents technical market factors that will be quickly reversed or a fundamental change that will take some time to play out. I am of the view that there is a meaningful fundamental change underway. ... Read More »