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All You Need to Know About Tax RefundSwitching jobs has now become a common phenomenon unlike the yesteryear where sticking to one job was the norm, to gain stable income. However, it is wise to be conscious about claiming your tax refund and deal with multiple Form-16 when you lose your job or switch jobs.If you ever felt you had paid tax more than your tax liability, you can claim tax refund with an interest. Read on to know more about how to claim your tax rebate.

Banks to Facilitate Aadhaar Enrolment and Update FacilityWhile there are lot of arguments going on about making Aadhaar card compulsory for various verification processes, it is now the most preferred option as it simplifies the procedure. Government has now asked all the banks including private sector lenders to provide Aadhaar enrolment and update facility to their customers within their branches. The accounts which are not updated by Dec 31 of 2017 with Aadhaa

Common Sources of Interest Income You Are Likely to Forget to Include in Tax ReturnDisclosing all your earnings while filing income tax return is your basic obligation. Failure to furnish all your income sources may land you in trouble in the future. Many people might forget to include the incomes that accrue interest. Let's look at what are those sources of income that you tend to forget to include in in tax returnWhat Is Interest Income?Interest incomes

All You Need to Know About NRE and NRO Accounts and Taxation in IndiaIndia has the largest diaspora population in the world with more than 16 million people living outside the country. Being a Non-Resident Indian(NRI), the income earned by you outside India is exempted from tax. However, is the interest accrued from such income taxable in India?Read on further to know more about a Non-Resident External (NRE) and Non-Resident Ordinary account and taxations in India.

Keen to invest in bank FDs? Follow these steps to get best out of your fixed depositsFixed deposits are always considered a safe bet when it comes to savings. Our parents and grandparents have instilled this investment heuristic in us for generations. Many consider the fixed deposits an investment that does not require any deep analysis and assured gain even if these gains are low when compared to other investment opti

Smart Education Loans for Smart PeopleHey there! Yes, you, who has cracked all the entrance examinations that the world offers, but faced with perplexity as to how to fund your future.Yes, the cost of education is rising both in India and abroad. This trend is seen across institutions which offer higher education courses, leaving them little option apart from going for education loans.But are you getting the best education loan out there in the market? Does it c

How Small Businesses Can Handle Rising Interest Rates?Traditional small businesses which include everything from small family run enterprises to the kirana shop around the corner are a unique and integral part of our economy. In the wake of digitization and demonetization, small businesses in India underwent a sea of change recently.  Ironically, with banks increasing the interest rates, small and medium sized enterprises have taken the hit on its growth. Let us lo

How Good Is Your Business Loan Application? Things You Must Include While Applying for a Business LoanA good business loan application is a ticket to live your entrepreneurial dreams. To make it work, you must position yourself as creditworthy to the lenders. Portraying the right combination of figures, facts, achievable goals and realistic plans for your application is essential to convince the lenders that you are into a profit-making business.We have put together some

Got Your First Salary? Budgeting Tips for Effective Finance ManagementExcitement is usually quite high when your first salary gets credited to your bank account. The tendency will generally be throwing up a party to your friends and share your happiness. You should also keep in mind that from now on, you step into the world where your financial independence becomes your crucial responsibility. We have put together some important tips on how you can manage your finances

How to make my credit score, soar?Many people in India don't know what a credit score is or even if they do they don't give much thought about it. For people who don't know what a credit score is – A credit score is the aggregate of all the financial loans a person has availed and how well or consistently they pay back the loan availed. It has the complete history of all your borrowings and paybacks. Even if your loan application or credit card application wa

Want to Apply for a Loan to Buy Your Favourite Bike? Here is What You Need to KnowIn countries like India, commuting to the office in a crowded public transport could be time-consuming and a frustrating affair. A car or a two-wheeler can bring a sigh of relief and reduce your traveling time.Gone are the days when you need to shell out a huge amount of money to buy a vehicle of your choice. It has now become simple to buy a vehicle with banks and private lenders providing

5 Commandments for Reaching Financial FreedomFinancial freedom is a phrase that attracts different connotations. To some financial freedom means getting out of debt, while to others it would mean saving enough money for the future. No matter who you are or what financial freedom means to you, it needs a lot of focus and intent from you. This article is for people who want to stay out of debt or who want to start saving for their future.Commandment 1: Plan

Home Loan Becoming Too Much of a Burden? Here's how you can manage your loanFor most Indians owning a home is the ultimate dream, although a very costly one, something which they might not be able to fulfill using their own finances.People fulfill their wish of owning a house by taking loans. The duration of repayment is usually longer, up to 30 years which almost covers the most important part of your life.An unexpected turn of events like unemployment, ill-health

Personal Credit Score vs Business Credit ScoreConfused when faced with questions about business credit score and a personal credit score?With more than 90% of the organizations work with debt finance, it is very important to know the difference between personal credit score and business credit score along with their importance.Personal Credit ScoreThe personal credit score is any individual's credit score. It determines how much loan a person is e

Simple Steps for Avoiding or Eliminating Your Credit Card DebtCredit cards are one of the financial tools available to people and it is relatively simpler. It helps with their purchase of goods with great rewards or cash back, thus both beneficial and rewarding. For most people, it is their first brush with the concept of credit.A credit card when used optimally provides the best of rewards, a credit card also helps build your credit history. This article would suit those

Gold loan Vs Personal loan, choosing the right oneThere are two types of loans in India which can be availed for emergency purposes namely Gold loans and Personal loans. Both have their own pros and cons and it is important to analyze which loan is best suited for you. Check out the table below comparing Gold loans and Personal loans.

GST: How will it impact the property prices in India?The real estate industry amounts to 5% of India's GDP. It is considered the second largest employer in the country. It is also the area which had a complex tax structure prior to GST. Now that the rates for different industries has been announced and GST implemented, property buyers and developers are waiting to see how GST is going to aff

Farm-Loan Waivers and the long-term solutionsFollowing demonetisation and a poor monsoon, the farmers in India went into distress as they could not repay their loans. The country saw dramatic protests by farmers over their suffering and demand for farm-loan waivers. This prompted the Centre and State Governments to offer relief of reduction or complete waiver of loans. However, let's us look us how

Digital transactions in recent years have transformed the entire banking sector. With the advent of net banking, credit cards, debit cards and e-wallets, the traditional manual bank work has declined.

All You Need to Know About GST Online Registration‘'One Nation, One Tax'', Goods and Services Tax (GST) has unified the Indian market under one roof by subsuming multiple indirect taxes levied in each state across the country. It is now mandatory for every business to be registered under GST taxation.All existing Central Excise Service Taxes assesses need to migrate to GST by enrolling on the GST portal.Businesspersons having the turnover of more than 20 lakhs (1

The One Thing That Could Stand Between You and Your Dream Job: Your Credit ScoreYour educational qualifications and past work experiences are common parameters that any employer would generally check into before offering you a job. But have you ever thought your credit score does play a critical role in your job search? Many companies do a check on your credit history to evaluate your potential and credibility. It sounds highly unlikely. Let us explore more in detail how your cr