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Tax Planning 7 min read

All You Need to Know About Professional Tax

What is a Professional Tax? Professional tax is a direct tax levied by the state government. If you are a professional such as a lawyer, doctor, chartered accountant, etc. then this tax will be levied. It is deducted from the gross salary along with TDS, EPF, and any other deduction. Professional Tax in India Professional ... All You Need to Know About Professional Tax

Tax Planning 8 min read
What is a Salary Slip or Pay Slip?

A salary slip is the document that an employer gives to an employee every month. It shows all the details about the salary and deductions thereof. You can get it either from HR in printed form or by email or you can download the same from the salary slip portal. A salary slip is an ... What is a Salary Slip or Pay Slip?

General Finance 5 min read
Golden Rules of Accounting

Accounting is the heart of the business and its principles are very important for the organisation’s well-being. In the soul of accounting lies the “Golden Rule of Accounting”. In this blog, we will discuss what are golden rules, their types, benefits, fundamentals and much more. What are the Golden Rules of Accounting? The set of ... Golden Rules of Accounting

News 5 min read
SEBI’s New Regulation for Share Transfer After Death: Key Insights

The Securities Exchange Board of India has come up with a solution to a problem that has plagued investors in the market for a while now. The event of demise is always very unfortunate for the family involved. While the emotional turmoil cannot be reduced, better services can secure the family’s financial future.  After an ... SEBI’s New Regulation for Share Transfer After Death: Key Insights

Fixed Income

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Fixed Income 5 min read
Aditya Birla Finance Limited NCD Public Issue September 2023 Review

Aditya Birla Finance Limited is coming up with a public NCD issuance and have filed the prospectus on SEBI. Let’s understand the profile of Aditya Birla Finance Limited & its group. Issuer Aditya Birla Finance Limited Type of Instrument Secured, Rated, Listed, Redeemable, Non-Convertible Debentures Issue Size Rs. 1,000 Crs (Base Issue) + Rs. 1,000 ... Aditya Birla Finance Limited NCD Public Issue September 2023 Review

Fixed Income 5 min read
Muthoot Finance NCD Public Issue Tranche II September 2023 Review

About the Issue Muthoot Finance Limited has launched its public issue of NCDs to mobilise funds from the debt market. Read further to know more about the business of Muthoot Finance Limited. Issuer Muthoot Finance Limited Type of Instrument Listed, Secured, Redeemable, Non-Convertible Debentures Issue Size (Shelf prospectus) ₹ 2,600 crores across various tranches Issue ... Muthoot Finance NCD Public Issue Tranche II September 2023 Review

Fixed Income 6 min read
Kosamattam Finance September 2023 NCD Public Issue Review

Kosamattam Finance Limited is coming up with their public NCD Issuance and have filed final prospectus on SEBI. Let’s understand the profile of Kosamattam Finance, its business model & competitive analysis. About the Issue Issuer Kosamattam Finance Limited Type of Instrument Secured, Redeemable, Non-Convertible Debentures Issue Size Rs. 100 Crs (Base Issue) + Rs. 100 ... Kosamattam Finance September 2023 NCD Public Issue Review

Gold Investment

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Gold Investment 11 min read
Sovereign Gold Bond 2023-24 (Series 2): Price, Benefits, Issue Dates

The Sovereign Gold Bond tranche 2023-24 Series 2 has been announced. The Reserve Bank of India (RBI) is set to launch the Sovereign Gold Bond Scheme 2023-24 Series 2 issuance. The primary subscription for these bonds will commence on September 11 and remain open until September 15, 2023. The price will be fixed in INR ... Sovereign Gold Bond 2023-24 (Series 2): Price, Benefits, Issue Dates

Gold Investment 7 min read
What is Digital Gold Investment?

In the era of digitalization, the need of the hour is to become tech-savvy. The investment mindset of the people in this era attracts investors to invest in the yellow metal in the digital form. The young generation is looking forward to investing in digital gold that gives high returns. Holding gold in the electronic ... What is Digital Gold Investment?

Gold Investment 8 min read
Should I Invest in SGBs or Digital Gold?

Gold in India is considered auspicious, as it is bought on auspicious occasions as an investment. With everything going digital, gold has also entered the e-market, one can buy and sell gold on digital platforms without physically owning it. Sovereign Gold Bonds (SGBs) and Digital gold are for those investors who look for diversification across ... Should I Invest in SGBs or Digital Gold?

Mutual funds

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Mutual funds 6 min read
Restrictions on new investments in international mutual funds and ETFs

There are so many types of investments available in India, Mutual funds and Exchange Traded funds (ETF) are one of them, where mutual fund houses invest various investors’ money into different stocks and securities in various primary and secondary markets, both domestically and internationally. In this article, we will learn about restrictions placed on new ... Restrictions on new investments in international mutual funds and ETFs

Mutual funds 8 min read
Tax Loss Harvesting for Mutual Funds

A mutual fund (MF) is a pool of money managed by a professional fund manager. It collects money from several investors and intends to invest its money into various securities like equity shares, bonds, money market instruments, etc. Before 2018, there was no Long-Term Capital Gain tax (LTCG) on the sale of mutual funds, however, ... Tax Loss Harvesting for Mutual Funds

Mutual funds 6 min read
Can Mutual Funds be Pledged?

At some stage of life, most of us might have encountered a phase where there was a need for funds for unplanned expenses. While we all have come across credit card loans, personal loans, or new-age products like buy now pay later loans (BNPL) but very few know about loans against mutual Funds. Let’s discuss ... Can Mutual Funds be Pledged?

Retirement plan

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Retirement plan 7 min read
What Is Atal Pension Yojana? Rules, Benefits, and Features

The Atal Pension Yojana, which guarantees a retirement pension after the age of 60 years, was introuduced by the Indian government in the Union Budget 2015-16. Named after former Indian Prime Minister late Atal Bihari Vajpayee, this National Pension Scheme (NPS) focuses on bringing workers in the age group of 18 to 40 years under ... What Is Atal Pension Yojana? Rules, Benefits, and Features

Retirement plan 7 min read
Combining/Consolidating Multiple EPF Accounts through UAN

Job hoppers often forget to transfer their EPF account to the new organization. However, once the EPF contributions stop after leaving an organization, the balance lying in the account won’t fetch any interest after three years. So, to continue getting the interest and to avail tax and EPS benefits, one should consolidate multiple EPF accounts ... Combining/Consolidating Multiple EPF Accounts through UAN

Retirement plan 6 min read
9 Reasons why Retirement Planning is Important for you

Retirement planning is defined as an early financial preparation that will help you live a stress-free life in your post-retirement journey. It’s evident that everyone has to retire one day, but that does not mean you cannot have life goals after that. Thus, to fulfil these goals and live comfortably post-retirement, retirement planning is essential.  ... 9 Reasons why Retirement Planning is Important for you