It enables parents to initiate retirement savings on behalf of their minor children, which seamlessly morphs into the NPS in their working life, providing uninterrupted accumulation of the savings.
Credit cards: The interest portion on loan offered against the credit card limit is subject to 18 percent GST. This certainly adds to the overall EMI burden.
Personal loan: If you are contemplating raising a personal loan, remember that it is easier than you can imagine. All you need are these documents: salary slips for the past three months, form 16 , Bank statement for the past 6 months (in some cases) ...
Even if you sell your property for more than you paid for it, the effects of time and inflation could make it a loss in real terms. And real estate investments are not immune to absolute losses, either.
Ace investor Parag Parikh had valuable lessons for new investors. This article draws from his book on value investing and his online lectures to highlight risks associated with IPOs, particularly in a bull market.
Credit Card: Beginners should learn about credit cards to use them wisely. They allow borrowing up to a limit, requiring repayment by the due date. Eligibility varies by age and income, with processing typically taking two weeks and varying joining . ...