Personal Finance Articles

HDFC Bank offers different types of savings accounts. All the HDFC Savings Accounts have an interest in the range of 3%-3.5%. Also, the bank offers investors an array of benefits. Some of the benefits are the nomination facility and ATM...

Life insurance is a popular tax saving instrument and should be a part of financial planning and goals set. There are several kinds of life insurance plans in the Indian market. Guaranteed life insurance plans sound like a good deal....

Growth investing and value investing are two distinct investment strategies. Typically, value stocks offer the option to purchase shares at a discount to their actual worth, whereas growth stocks offer above-average returns and earnings growth potential. Although choosing one type...

Gross salary is the sum of the total amount of compensation paid by the employer company to the employee as a part of the employer-employee relationship. Given the increase in salaried workforce, it becomes really important to understand the basics...

Meaning of Gross Income In the case of an individual, gross earnings refer to the total income earned before any tax adjustments or deductions. In this case, suppose Ramesh has a total income of Rs. 5,00,000 from which he paid...

In the Union Budget 2022-2023 announcement, Nirmala Sitaraman has mentioned that “As a part of the government’s overall market borrowings in 2022-23, sovereign Green Bonds will be issued for mobilising resources for green infrastructure. The proceeds will be deployed in...

Who doesn’t want to be rich? Just dreaming or aspiring isn’t enough. It would be best if you acted towards it. With a goal in mind and discipline to achieve it, you can be rich. However, this is not something...

What are the Golden Rules of Accounting? Financial accounting is more than just book-keeping. In accounting, every transaction has a dual entry – debit and credit. It is important to identify which account has to be credited and which one...