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Tanushree Jaiswal || Securing suitable funding is a critical aspect of any business effort, whether it's a beginning or an established company. Company loans are vital in providing the necessary cash to pay for various company activities, such as buying tools, growing operations, investing in new projects, or meeting working capital needs. With the ever-evolving business environment and increasing competition, companies in India are constantly seeking financial solutions that offer freedom, competitive interest rates, and fair payback terms.

Tanushree Jaiswal || The International Monetary Fund (IMF) projected that Japan's nominal gross domestic product (NGDP) will be surpassed by India's and Japan might fall from fourth to fifth place in the world the upcoming year. According to the IMF's April report, India's GDP is expected to reach $4.339 trillion by 2025, while Japan's GDP is predicted to reach $4.310 trillion. Because of the yen's decline, the 2025 timetable is one year earlier than anticipated. India is home to more than 1.4 billion people and continues to see rapid eco

Tanushree Jaiswal || What’s happening with Paytm COO? In regulatory filing on May 4, digital payments & financial services company Paytm announced resignation of Bhavesh Gupta, its president & COO. As to document, Gupt announced in letter that his resignation would take effect on May 31 at latest, at closing of work hours. Nonetheless, he stated that he intended to be involved with business as advisor in CEO's office. Gupta acknowledged strong leadership in payments & financial services that Paytm has achieved over past few ye

Tanushree Jaiswal || How’s IPL Team Doing Financially? Indian Premier League (IPL) has been prominent cricketing event, captivating audiences worldwide since its inception. However, recent financial data suggests concerning trend of declining revenues for IPL teams, indicating potential challenges ahead. Here's breakdown of revenue drop for each team, based on provided financial information: Chennai Super Kings (CSK) - MS Dhoni's Team FY19 Revenue: ₹ 418 crore FY23 Revenue: ₹ 359 crore Drop in Revenue: ₹ 59 crore Mumbai Indians -

Tanushree Jaiswal || ChatGPT can code your website. Another AI tool, Midjourney AI, can generate an image of Kareena Kapoor riding a bicycle just by responding to a prompt. AI tools are now doing things that were once hard to imagine. They're changing voices, analyzing documents, and potentially revolutionizing various industries. But can AI also pick your stocks? To find out this. A financial comparison site called finder.com conducted an experiment. They asked ChatGPT to create a stock portfolio following investment principles from reputab

Prakarsh Gagdani || Bucking media opposition, popular perception and Hillary Clinton’s campaign, Donald Trump has emerged as the 45th president of the United States of America. With Trump in the White House now, his agendas which formed basis for his win will have implications on India. These would result from his New Tax Plan, plans to bring jobs back to America, the Energy plan and his views on terrorism. The most prominent impact would be felt by the India IT companies as major portion of these companies’ revenues come from the outsourcin

Tanushree Jaiswal || RCF Share Price Movement Probable Rationale Behind the RCF Stock Surge 1. Stable ROCE Amid Increased Capital - Rashtriya Chemicals and Fertilizers (RCF) has seen its returns on capital employed (ROCE) remain steady at 6.0% over the past five years, despite a 60% increase in capital employed. - The stability in ROCE, despite the increased capital, suggests the company is not deploying funds into high-return investments, which could raise concerns about long-term growth prospects. 2. Reduction in Current

Tanushree Jaiswal || GRSE Shares Price Movement of Day Highlights of Article: 1. GRSE Q4 Results 2024 show significant increase with net sales rising 68.96% year-on-year to Rs 1,015.73 crore. 2. Garden Reach Shipbuilders & Engineers reported remarkable 101.81% year-on-year growth in quarterly net profit, reaching Rs 111.60 crore in March 2024. 3. GRSE Share Price Surge was driven by company's strong quarterly performance & impressive financial results, marking 19.65% increase on May 21, 2024. 4. GRSE Financial Perform

Tanushree Jaiswal || Highlights of Article 1. PNC Infratech share price has hit all-time high, making waves in stock market. 2. PNC Infratech projects are gaining attention with their significant road & highway constructions. 3. EPC road projects India have seen boost with PNC Infratech winning major contracts. 4. PNC Infratech L1 bidder status in recent bids showcases their competitive edge. 5. MSRDC road projects are major win for PNC Infratech, securing projects worth ₹4994 crore. 6. PNC Infratech financial performance has be

5paisa Research Team || Balkrishna Share Price movement of Day Highlights 1. Balkrishna stock price jumped to ₹ 2,996.8 apiece on the NSE, reflecting a 7.1% gain. 2. Balkrishna Industry share performance exceeded market expectations with a net profit rise of 87.4%. 3. Balkrishna Industries stock price climbed steadily, driven by robust revenue growth and improved margins. 4. Stock of the day, Balkrishna Industries, saw significant investor interest and trading activity. 5. Stock in the news, Balkrishna Industries, attracted at

Ruchit Jain || In the week gone by, Nifty rallied higher to test a new milestone and it tested the 23000 mark for the first time ever. The up move was supported by a broad market participation as all the sectoral indices ended positively, with outperformance seen from the PSU and the Metal stocks. The index ended the week just below 23000 with weekly gains of about a couple of percent. Our markets registered another history as the Nifty tested the 23000 mark and Sensex surpassed the 75000 mark. In this series, FII had formed significant

Ruchit Jain || Nifty started the weekly expiry day on a flat note, but buying interest in the index was seen right from the opening hour and the index rallied higher throughout the day. The index surpassed the previous high and registered a new record to end the day just below the 23000 mark. The benchmark index rallied higher with the support from the large cap stocks. The index surpassed the previous high resistance and registered a new record high to almost test the 23000 mark for the first time ever. The price action and the RSI read

Ruchit Jain || Nifty continued its gradual upmove and reclaimed the 22600 mark during the day. Although, the Bank Nifty index witnessed a relative underperformance on its weekly expiry session and it ended the day with a loss of half a percent compared to Nifty’s close in the positive. Our markets continued its positive traction with broader market momentum being positive leading to good opportunities in stock specific trading. On the index front, Nifty continued its gradual up move and is heading towards its previous highs. The immediat

Ruchit Jain || Post the extended weekend, Nifty traded in a narrow range in Tuesday’s sessions, where sectoral momentum was seen. The underperformance in the banking space kept the gains limited in the benchmark, while the metal stocks outperformed significantly. Nifty ended the day just above 22500 on a flat note. It was a day of stock specific momentum in the market where stocks from Metals and the PSU space saw good buying interest. INDIA VIX rallied another 7 percent and ended around 22 mark, as it is increasing ahead of the election

Tanushree Jaiswal || Rolling over a futures contract involves transitioning from an expiring contract to a new one with a different expiration date. This process is essential for traders who wish to maintain their positions without taking physical delivery of the underlying asset. What Is Rollover In Futures Trading? Rollover in futures trading refers to closing out a position in a near-month futures contract and simultaneously opening a similar position in a contract with a later expiration date. This process allows traders to continue

Tanushree Jaiswal || Financial emergencies can arise unexpectedly and require immediate access to funds. In such situations, your credit card can be a valuable resource, enabling you to obtain a loan conveniently and quickly. What Is a Loan Against a Credit Card? A loan against a credit card, also known as a credit card loan, is an unsecured personal loan that allows you to borrow money from your credit card's available credit limit. Credit card issuers offer this pre-approved facility to eligible customers, providing instant access to f

Tanushree Jaiswal || Investing in a fixed deposit (FD) is a popular and secure way to grow your savings. It offers a guaranteed rate of return and is considered a low-risk investment option. FDs could be an excellent choice if you're looking to invest your surplus and earn a steady income. What Is A Fixed Deposit (Fd)? FD is a financial instrument offered by banks and non-banking financial companies (NBFCs) in which you invest a lump sum amount for a predetermined period. The invested amount earns interest at a fixed rate, which is decid

Tanushree Jaiswal || Investing in the stock market can be exciting and potentially profitable, but it also requires understanding how the market works and the ability to spot undervalued stocks. These stocks are sold at a price lower than what they're actually worth, offering the chance for big returns if the market later realises their true value. What Are Undervalued Stocks? Undervalued stocks are shares of companies that are trading at prices significantly lower than their actual or intrinsic value. A stock's intrinsic value represents

5paisa Research Team || Nifty registered a new record of 22500 during last week, but it witnessed some profit booking at the start of this week and ended the day above 22300 with a loss of about three-fourths of a percent. In Monday’s session, our markets witnessed profit booking at the start of the week where the small cap index corrected by a couple of percent. As of now, this dip seems to be a correction within an uptrend as the technical indicators are still positive and the index is trading above its crucial supports. In the deriva

5paisa Research Team || Nifty started the first day of the week around 22400 and traded within a narrow range throughout the day. The index ended around the opening levels itself, thus forming a small ‘Doji’ candlestick pattern on the daily chart. After a time-wise corrective phase for about a month, our markets resumed positive momentum last week after the GDP data. The rollover in Nifty was in line with its 3-month average while the same was lower than average in the Bank Nifty. We witnessed a long formation on the first day of the ne

5paisa Research Team || Nifty started the week marginally negative and the index traded within a narrow range throughout the day. Amidst stock-specific momentum, Nifty ended the day above 22100 with a loss of less than half a percent. During last week, Nifty registered a new all-time high but momentum has been lacking since the midcap index has entered a consolidation phase. In Nifty, the recent up move has been because of some short covering and we have not seen significant long build-up. FIIs have reduced some of their net short posit

5paisa Research Team || Nifty started the week on a positive note as it surpassed the previous swing highs during the day and marked a new record high of 22186. It gave up some of the intraday gains towards the end, but managed to end the day above 22100 with gains of about four-tenths of a percent. In last one month, Nifty has gone through a time-wise corrective phase where the index resisted in the 22150-22100 range twice. However, the intermediate declines from that hurdle were not that sharp as the index took support around the 40 d

Tanushree Jaiswal || Five explanations for India's declining voter turnout are covered in Blog. In general, First, lot of affluent & urban residents believe voting has little bearing on their life as they don't depend on government. Second, migration has caused large number of people to leave their hometowns. Third, voters from younger & middle classes frequently find it difficult to relate to politicians who are criminals, feudal lords, or celebrities who lack policy expertise. Fourth, some people pretend to be protesting system by not

Tanushree Jaiswal || Significance of Amendment Proposal Significant changes to takeover laws have been implemented by Securities & Exchange Board of India (Sebi), which may reduce price of mergers & acquisitions (M&A) for India Inc. According to market regulator, sensitive information breaches or stock price fluctuations brought on by news stories would not be taken into account when determining open offer price. This modification is component of new rumour verification system that Sebi is implementing as of June 1. In this

Tanushree Jaiswal || Reserve Bank of Indi (RBI) released revised schedule for issuance of Treasury bills (T-bills), which is expected to lower yields on short-term government bonds on Tuesday, according to market participants. revised timetable for current year's May 22–June 26 period calls for crore decrease in T-bill issuance. "As issuance amount is reduced, that liquidity will not be absorbed & will now come into system, which will lead to fall in yields of short-term bonds," stated dealer at state-owned bank. "We are expecting aroun

Tanushree Jaiswal || Debt recast companies have been advised by banking regulator that Reserve Bank of India (RBI) & Securities & Exchange Board of India (Sebi) are holding conversations over mutual funds selling their debt to asset reconstruction companies (ARCs). ARCs are unable to buy debt from mutual funds at this time. In this regard, chief executives of ARCs were met last week by RBI's deputy governors, who are in charge of regulation & supervision, as well as executive directors & other authorities. This move complies

Sachin Gupta || Copper prices have surged to record highs globally, driven by strong long-term trends and tightening supply. The metal has seen a significant rise on Wednesday and hit an all-time high in the market. So far in 2024, copper has experienced a substantial 19 percent increase. The London Metal Exchange (LME) reports copper trading at a two-year high, while markets in the CME, Shanghai, and India have all recorded unprecedented prices, bolstered by robust gains in April and May. The recent copper rally has been further fuel

Tanushree Jaiswal || Beginning in April 2024, the price of gold saw a notable increase, a pattern that continues to highlight the worth and enduring appeal of this precious metal. This spike can be linked to a number of variables that have come together to drive the demand for gold to unprecedented levels. Growing tensions in the Middle East have fueled concerns about geopolitical instability, leading investors to look to gold as a traditional safe haven. In addition, there is a rising expectation that interest rates will be lowered in the US,

Sachin Gupta || “Oil Prices Slide Sharply This Week Amid Global Economic Jitters” Oil prices saw a modest increase on Friday, though they are poised to record their most substantial weekly decline in three months. This dip is attributed to lingering concerns surrounding demand and elevated interest rates, which have fueled a sell-off. However, this decline was somewhat offset by expectations that OPEC+ will continue to restrain production. The current week has been marked by apprehension among investors, who fear that sustained high i

Sachin Gupta || The cost of natural gas saw a 2.7% increase yesterday, closing at 146.90, as projections of limited feed gas demand and milder weather tempered upward momentum. Despite concerns over a significant storage surplus and reduced demand forecasts for the next fortnight, substantial price shifts were notably absent. This trend persisted despite decreased production resulting from reduced drilling activities following a price drop in February and March, and forecasts indicating colder weather ahead. In the United States, gas rig ope

Tanushree Jaiswal || According to a credit officer at the rating agency, structural reforms are required in India to improve its fiscal metrics, thus the country's membership in a major global bond index will not be sufficient for Moody's Ratings to upgrade it from the lowest investment grade. Christian de Guzman, senior vice president at Moody's Ratings, stated in an interview on Monday that "I don't necessarily think that bond market inclusion is going to be material addition to strengths that we already ascribed to government's ability to

Tanushree Jaiswal || NVIDIA's become 3rd largest company by market capitalization showcases its ability to anticipate and capitalize on emerging trends through innovative solutions, strategic partnerships, and a relentless pursuit of cutting-edge technologies across diverse sectors, positioning it as a tech industry leader. NVIDIA: A Brief History NVIDIA's beginnings can be traced back to 1993, when Jen-Hsun Huang, Chris Malachowsky, and Curtis Priem formed it. Initially focused on building GPUs for the growing game and professional graph

Tanushree Jaiswal || Thе top US stocks to buy are a wealthy invеstmеnt chancе for buyеrs worldwide and have thе potential for substantial gains. However, finding the best US stocks to buy now can be difficult, especially in the face of market instability and economic risks. In this article, we will rеviеw thе top US stocks to buy for your invеstmеnt portfolio and rеviеw thеir pеrformancе, growth prospеcts, and industry standing. Best US Stocks to Buy Now Applе Inc. (AAPL) The giant continues to rulе thе consumеr goods markеt with its n

Tanushree Jaiswal || The best US stocks to buy in 2024 include technology giants. The US stock market, commonly called the world's biggest and most liquid market, consists of various stocks in which an investor can take a stake to diversify their portfolio and improve returns. As the world economy recovers from the post-pandemic environment, finding the best US stocks to buy in 2024 has been a significant focus for Indian investors. This guide presents a detailed account of the best US stocks you can buy in the next year to offer exceptional re

Tanushree Jaiswal || Mutual funds that help you savе on taxеs arе an intelligent way to savе monеy and build up your savings for your future. Pеoplе who invеst in thеsе best ELSS funds and which arе also callеd Equity Linkеd Saving Schеmеs (ELSS) and can gеt tax brеaks undеr Sеction 80C of thе Incomе Tax Act. This makеs thеm a good choicе for paid pеoplе an' pеoplе who want to lower their tax bills. What arе tax saving mutual funds? Tax saving mutual funds arе a type of best ELSS mutual fund that is qualifiеd for tax funds undеr Sеction 8

Tanushree Jaiswal || Invеsting in mutual funds is an еxcеllеnt way to achieve your financial goals and build long-term wealth. With a vast numbеr of mutual fund choicеs availablе in thе Indian markеt, picking thе bеst onеs can bе a problematic job. In this thorough piеcе and wеll еxplorе thе kеy factors to consider when picking thе top mutual funds for invеstmеnt in 2024 and as wеll as providе insights into diffеrеnt fund typеs an' invеstmеnt stratеgiеs. What arе thе Bеst Mutual Funds? Mutual funds arе financial tools that pool monеy from

Tanushree Jaiswal || Indians like mutual funds as an investment because they can give them high returns, let them diversify their investments, and are professionally managed. With so many choices on the market, finding the mutual funds to help you reach your spending goals and take the slightest risk can be problematic. His blog post details the best mutual funds in India in 2024 and provides helpful information to help you choose wisely. What are the best-performing mutual funds? The Indian mutual fund industry has experienced remarkable

Tanushree Jaiswal || Thе top 10 AMCs (Assеt Managеmеnt Companiеs) in India in 2024 will bеcomе thе main forcе bеhind financial choicеs for private and big cliеnts, with thеir vast knowledge and robust invеstmеnt framеworks and dеdication to providing bеttеr rеturns and thеsе AMCs arе wеll positionеd to guidе invеstors through thе еvеr changing markеt dynamics. As thе Indian еconomy continues its upward trend, thе top AMCs will bе crucial in unlocking financial growth and giving buyеrs accеss to various invеstmеnt tools suitеd to thеir uniquе nе

Tanushree Jaiswal || About the Hariom Atta & Spices IPO The stock of HOAC Foods India Ltd (Hariom Atta & Spices) has a face value of ₹10 per share and it is a fixed price issue. The price for the fixed price issue is set at ₹48 per share. Being a fixed price issue, the question of price discovery does not arise. The HOAC Foods India IPO (Hariom Atta & Spices) has only a fresh issue component and no OFS portion. While the fresh issue portion is EPS dilutive and equity dilutive, the OFS is just a transfer of ownership and hence i

Tanushree Jaiswal || About the Rulka Electricals IPO The stock of Rulka Electricals Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹223 to ₹235 per share. Being a book built issue, the final price will be discovered within this band. The Rulka Electricals IPO has a fresh issue component and an offer for sale (OFS) portion. While the fresh issue portion is EPS dilutive and equity dilutive, the OFS is just a transfer of ownership and hence is not EPS or equ

Tanushree Jaiswal || About the Quest Laboratories IPO The stock of Quest Laboratories Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹93 to ₹97 per share. Being a book built issue, the final price will be discovered within this band. The Quest Laboratories IPO has only a fresh issue component and no offer for sale (OFS) portion. It must be remembered that the fresh issue portion is EPS dilutive and equity dilutive, but OFS is just a transfer of ownership a

Tanushree Jaiswal || About the Go Digit IPO The Go Digit IPO will be open from May 15th, 2024 to May 17th, 2024; both days inclusive. The stock of Go Digit General Insurance Ltd has a face value of ₹10 per share and the price band for the book building IPO has been set in the range of ₹258 to ₹272 per share. The IPO of Go Digit General Insurance Ltd will be a combination of a fresh issue of shares and offer for sale (OFS) component. The fresh issue tends to bring in fresh funds into the company, but is also EPS and equity dilutive, while the

Tanushree Jaiswal || Virat Kohli & Anushka Sharma are poised to reap substantial returns following upcoming listing of insurance startup Go Digit. Having invested total of ₹2.5 Cr in company, their investment is expected to yield remarkable 271% return, translating to notional profit of ₹6.75 Cr. Kohli purchased 266,667 shares at ₹75 each, while Sharma acquired 66,667 shares for ₹50 lakh, both through private placement in January 2020. With Go Digit's IPO slated to hit market next week, IPO details & prospects shed light on potential wi

Tanushree Jaiswal || Who is Shankar Sharma? Renowned financial expert and seasoned investor Shankar Sharma is well-known in the Indian stock market. He was the managing director of First Global, a well-known financial services company, before founding the prestigious asset management firm GQuant Investech. Shankar Sharma is well-known for his television channel appearances and contributions to financial magazines. After earning his degree from Delhi's Indian Institute of Technology, Sharma started working as a stockbroker in the early 19

Tanushree Jaiswal || "India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skillfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits. So, who are these notable traders, and what secrets contribute to their success? Let's delve into the profiles of the top ten brokers in India, examining the characterist

Tanushree Jaiswal || "India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skilfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits. So, who are these notable traders, and what secrets contribute to their success? Let's delve into the profiles of the top ten brokers in India, examining the characteristi

Tanushree Jaiswal || Per capita income is an important economic indicator that measures the average income earned by an individual within a country or region. Understanding how it is calculated is essential for assessing a population's economic well-being and standard of living. What Is Per Capita Income? Per capita income measures individuals' average income within a specific geographic area, such as a country or region. It is calculated by dividing a country's total national income or Gross Domestic Product (GDP) by its total populatio

Tanushree Jaiswal || The Ministry of Road Transport and Highways (MORTH) has made linking your Aadhaar card with your driving licence simple and convenient. Aadhaar Linking Has Been Made Easy The MORTH is responsible for issuing and renewing driving licences in every state and union territory of India. However, since each state and UT has its own ministry that oversees road transport and highways, the specific process of Aadhaar linkage may vary slightly from one location to another. Nonetheless, the MORTH has devised an easy and hassle-f

Tanushree Jaiswal || Introduction In today's digital age, knowing how to protect a demat account from fraud is crucial. An electronic repository for retaining your securities, a demat account is susceptible to many forms of fraud and online threats. However, you can protect your demat account and lessen the risk of fraudulent actions by taking crucial precautions. First, ensure the depository participant (DP) you select to open your demat account with is respectable and well-established. Choose a DP with a proven track record in security

5paisa Research Team || Demat Account is almost like a bank account. Just like you hold funds in your bank account, you hold shares and other securities in the Demat Account. Having a Demat Account is mandatory for trading in equities as per SEBI regulations. How to open Demat Account? Demat Account can be opened online or offline. It is normally opened along with trading account (TCD) by the broker. Demat Account can be opened with any authorised depository participant (DP); which could be a bank or a broker. Here is how to open a Demat

A free demand account normally refers to an account that has zero account opening charges, which is mandated by SEBI. When you open a demat account, there are a number of costs you commit, including when the demat account is idle. Demat account charges apply to a plethora of services offered by the DP. The demat account is typically linked to a trading account on one side and a bank account on the other. Just like your demat account has certain in-built costs, your trading account also has costs. The only difference is that trading account c

5paisa Research Team || You may actually wonder, what is there to choose between demat accounts? After all, it looks like a plain vanilla account where you can hold your shares. But you must do your homework before opting for your demat account. Here are some factors to consider before opening your demat account. How to choose the Best Demat Account? Ideally keep your trading account and demat account at the same place This is no statutory requirement as you are free to have your trading account and demat account with differen

Tanushree Jaiswal || When it comes to active trading there are two main strategies scalping and swing trading. Each has its own advantages and disadvantages. In this blog post, we'll explore both strategies to help you figure out which one suits you best. What is Scalping? Scalping is a fast paced trading strategy where people aim to make small profits by buying and selling stocks or other assets very quickly. They do this by making lots of trades throughout the day, sometimes hundreds. Each trade is held for just a few seconds to a few m

Tanushree Jaiswal || Daniel Kahneman, Israeli American economist, passed away at age of 90. May his soul rest in peace! Kahneman is best known for his work on Prospect Theory. March 28, renowned Daniel Kahneman, who was ninety years old, passed away. In realm of finance, there aren't many role models, but he was unusual exception. He is one of my heroes, in my opinion. Together with his long-time partner Amos Tversky, he was true outlaw who brought humanity to otherwise impersonal & gloomy world of banking. He was awarded 2002 Nobel

Tanushree Jaiswal || Today, we're diving into swing trading patterns which are like roadmaps for finding good opportunities in the stock market. The goal is to consistently spot these patterns, judge if they're promising and time when to buy and sell just right. But analyzing these patterns can be tricky especially for beginners. And even experienced traders spend a lot of time watching charts. But what if there was an easier way to understand these patterns and make smart decisions? But first, let's get into the details of swing trading

Tanushree Jaiswal || Swing trading is like riding waves in the ocean. Instead of trying to catch the entire wave like long term investing, you focus on catching just a swing or leg. This means you're not in it for the long time you're looking to hop on, ride for a bit and then hop off before things change too much. To do this effectively swing traders use technical indicators to identify those swings. These indicators are like signals that tell you when it's a good time to buy or when it's time to sell before it crashes. There are lots of

Tanushree Jaiswal || Income tax refunds are widely anticipated by taxpayers because they provide financial comfort and can serve as a boost to savings or planned spending. However, delays in obtaining these returns can be aggravating. To better manage this, consider using tools like the income tax calculator to gain clarity on your tax obligations and potentially expedite the refund process. In this post, we will look at the most prevalent reasons for income tax refund delays and offer advice on dealing with them. We want to teach people what t

Tanushree Jaiswal || Income Tax Return (ITR) filing is a critical annual financial duty every taxpayer must handle. Understanding the complexities of this procedure is critical for those looking to meet their tax responsibilities while avoiding fines. To simplify this process, consider utilizing the income tax calculator as it can assist in comprehending your tax obligations more effectively. This detailed tutorial will cover the primary stages and critical factors for submitting your income tax return. This essay will simplify the process and

Tanushree Jaiswal || Income tax, a pivotal facet of India's economic architecture, is not merely a financial obligation but a crucial contributor to the nation's progress. Understanding the advantages of income tax and recognizing the benefits of paying taxes in India is imperative in fostering a responsible and informed citizenry. Taxes form the financial backbone of an economy. To better understand and manage your tax responsibilities, consider utilizing the income tax calculator. The benefits of income tax are multifaceted, ranging from p

Tanushree Jaiswal || Many of us have received income tax notices in the past. It can be intimidating at times, especially when one thinks that all the taxes have been paid properly and proper tax returns were filed on time. However, once we understand what such notices are in detail and how to respond to them, they may feel less intimidating. Income tax notices are basically communication from the Income Tax Department that makes it mandatory for you to act upon them in a certain manner. They are different from income tax intimation that may

Tanushree Jaiswal || In Parliament today, Finance Minister Nirmala Sitharaman presented the interim Union Budget for 2024-25. This is the sixth budget of the current government under Prime Minister Narendra Modi's second term. Since the elections are coming up, the usual budget has been replaced with an interim budget. In spite of the interim nature, FM Sitharaman has announced schemes and benefits that bring relief to the general public. In this year's budget, the theme is "Viksit Bharat Budget 2024," emphasizing Atmanirbhar Bharat. The fo

Tanushree Jaiswal || The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, holds crucial insights for investors & the economic landscape. Here are the key highlights: 1. Revised Fiscal Deficit a) The revised fiscal deficit for FY24 stands at 5.8% of GDP, emphasizing government's focus on managing its revenue & expenses. b) Projections indicate a reduction in fiscal deficit to 5.1% of GDP in FY25, with a target to further bring it below 4.5% in FY26. 2. Tax Slabs & Interim Budget a) No ch

Tanushree Jaiswal || Highlight of the Budget In a ground-breaking move aimed at fostering innovation, the Union Budget announces a Rs 1 lakh crore corpus dedicated to supporting research & innovation for the tech-savvy youth. This corpus comes with a 50-year interest-free loan, offering a significant boost to the private sector's research & innovation efforts in emerging domains. What It Means? The establishment of this substantial corpus signifies a commitment to creating a conducive environment for technological advancement.

Tanushree Jaiswal || Well the budget 24 has been disclosed and the primary focus has been set on ‘Railways’, lets dig in tis blog to find out what’s fruitful is in this action. In significant move towards enhancing connectivity & fostering economic growth, Finance Minister Nirmala Sitharaman has announced implementation of three major Railway economic corridors under PM Gati Shakti initiative. These corridors—energy, mineral & cement; port connectivity; & high traffic density—aim to revolutionize multi-modal connectivity, improvi

Tanushree Jaiswal || Purchasing a car in India is often considered to be one of the most important life decisions, second only to purchasing a home. With the explosion of new-age technologies, prospective car buyers are looking to buy the fanciest, most advanced car at the most competitive prices. Of course, in this journey, choosing the right car loan is critical. Small variations in the interest rate can tally up to a big amount in the long run. Naturally, car buyers are always on the lookout for the best loan product while simultaneously

Tanushree Jaiswal || Introduction to Personal Loans in India Personal loans are mostly always unsecured and therefore have been one of the biggest growth engines for the asset books of Indian banks (especially for private banks) over the last few years. While trying to entice customers to take their personal loans, banks normally throw in incentives like pre-approved loans, minimal documentation loans, and automatic top-ups as sweeteners. Personal loans may look simple and attractive, but before availing of one, individuals must do some b

Tanushree Jaiswal || Life can take an unexpected turn at any moment and sometimes there is little we can do when faced with an emergency. But we can certainly take measures to cushion the impact of any unfortunate incident on our loved ones. With the sudden stoppage in regular earnings due to the unfortunate demise of the breadwinner, the dependent persons not only find it difficult to maintain their standard of living, but such a situation may also push them into poverty. This risk may be reduced by taking a life insurance cover adequate to co

Tanushree Jaiswal || When an insured car is transferred to another person, the new owner can’t drive the vehicle on the road with the same insurance policy with the seller’s or transferor’s name still written as the owner of the car even after the transfer. So, the new owner either needs to take a new insurance policy for the car, or get the name of the owner changed in the existing policy through the process of transfer of the insurance policy. With the transfer of a car policy, the insurance benefits of the policies also get transferred. W

Tanushree Jaiswal || With the advent of technology, dependency on insurance intermediaries has been reduced and policyholders may now renew their car insurance online directly through the website of the insurance companies. With the reduction in the length of the distribution chain, insurance companies also get a scope to reduce the premium. So, along with quick renewal, a car owner may get a discount as well. Steps for Online Car Insurance Renewal Step I: Research About Car Insurance Policy Insurance companies provide many incentive

Tanushree Jaiswal || The aim of taking any insurance coverage is to reduce uncertainty by transferring the risk of incurring a monetary loss due to the occurrence of an insurable event to a financially stronger entity – called an insurance company. So, by paying a pre-decided or predictable premium, the risk of suffering an unpredictable loss is covered through insurance. Paying a premium for insurance coverage would only be fruitful if a claim is honoured when such a request is made following the unfortunate happening of the insurable event