Budget 2021 – You can no longer ignore investing in equity
If you were sitting out of the market thinking a big correction will come, you would be feeling a sense of regret. The only way to manage investments in equity assets is to focus on asset allocation.
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...
All you need to know about RBI’s new auto-debit rule
RBI recently asked all the banks to use two-factor authentication for auto-debit transactions on their credit and debit cards. Let’s understand how it will affect your online transactions going forward.
Relying on small savings for your retirement? Think again.
The withdrawal of the circular, on small savings scheme interest rates, on March 31 brought a lot of cheer but, we cannot ignore that small savings rates have been falling for nearly two decades now.
March keeps markets on the edge, rising US Bond yields likely suspect
It was a difficult month for investors as the markets didn’t stick to their highs and fell largely due to rising US bond yields. Rising COVID numbers in India are also a concern though the vaccination drive has started in earnest. The government’s disinvestment agenda seems to have taken off. This is a silver lining, to say the least.
What NRIs need to know about the recent residency circular by CBDT
For one, the CBDT has refrained from giving any specific exemption in the number of days of stay for the financial year 2020-21
How an NRI should act upon Budget 2021
Budget 2021 had some interesting announcements for NRIs, including on issues like double taxation.
It was a volatile February but the India story still looks good
While the Sensex and the Nifty scaled new highs this month, rising bond yields led to some pullback. Rating agencies S&P and Nomura on the other hand projected impressive GDP growth for India so the long term story still looks quite good.