Citibank FD Interest Rates
Citibank began its operations in 1902 in Kolkata. This foreign bank has played a significant role in shaping the Indian financial markets by establishing market intermediaries. Moreover, Citibank offers various fixed deposits for different tenures with attractive interest rates. Furthermore,...
Budget Highlights 2021- Important Announcements And Key Takeaways
Our Hon’ble Finance Minister Nirmala Sitharaman presented the Union Budget 2021-2022 in the Parliament on 1st February 2021 from 11 a.m. to 1 p.m. The budget focuses on reviving the economy that is hit by the coronavirus pandemic. The budget’s...
Absolute Return vs CAGR
Returns from an investment can be estimated using both absolute returns and CAGR. On the one hand, absolute returns are a measure of the total return from an investment, irrespective of the time period. CAGR, on the other hand, is...
How to plan for your child’s education, as defence services personnel
Your child’s education is something that a lot of your savings and investments will be geared towards. The fact that you can look forward to a pension post-retirement makes the decision-making process a bit simpler.
What makes more sense for defence services personnel – buying shares directly or going for equity mutual funds?
These days one of the main questions in front of many considering equity investing is whether they should buy shares directly through their brokers or invest indirectly through a portfolio of mutual funds. Let’s help you answer this question.
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How to File ITR 4 Form Online Income Tax E-filing Portal?
Union Budget 2021 Update The presumptive income under section 44AD will be applicable only to resident taxpayers. Hence, going-forward section 44Ad and ITR 4 form will be applicable only to resident individuals, Hindu Undivided Family (HUF), or a partnership firm,...
How to manage lifestyle creep post-retirement, if you are retiring soon from the armed forces?
Lifestyle creep is just the year on year increase in your expenses, above and beyond normal inflation, thanks to rising income.
Rental property as part of soldier’s retirement portfolio – An assessment
Buying multiple properties as a way to supplement retirement income has been a popular approach for many retired defence services personnel. But is it worth the time and effort? Let’s find out.