Come July, August, September, and what do you expect? No, it’s not just the rains, but these are also the months associated with filing your income tax returns and often the chaos and madness around it. Income tax return is a document that you file with the state tax board declaring your income, profits and losses of your business, and also details of your tax refund. Thanks to the online platform, you can now file your returns online sitting in the comforts of your home or office. However, there is more to it than meets the eye. This article highlights some valuable tips for successfully efiling of income tax return online. Keep reading. Filing your returns shows that you are responsible. It’s a mandatory rule by the government that individuals who have a particular amount of annual in
With the advancements in the internet technology, people can easily Apply for Personal Loan online. As compared to visiting a financial institution in search of the best deal on the personal loan and then applying, the online application makes the process quick and simple. In this post, we’ll have a detailed look at how you can request a personal loan online. A personal loan is an excellent way to keep up with your expenses at times of need or pay for something unexpected, like a medical bill. Moreover, with the introduction of online loan application, the process is now much quicker and simpler. If you want to apply for a personal loan online, the below-mentioned step-by-step guide will help you understand the entire process. Providing essential details The online personal l
What to consider when it comes to long-term borrowing. We are a nation of borrowers. According to the Money Charity, at the end of March 2017, the average debt per household in the UK was £56,632. Collectively, as a nation, we owe £1.529 trillion. Debt is a part of every day life for many of us and a way to create something, own something, or get to the next stage in a career or plan. From borrowing money for a mortgage, to using a personal loan to fund education, travel or business growth, there are many reasons to borrow. But it is a good idea long term? Longer-term borrowing makes repayments easier Whether you’re borrowing homeowner loans or a straightforward personal loan, borrowing over the long term makes the debt easier to manage. Longer terms mean lower monthly repayments, whi
One of the most important considerations when selecting a lender for housing loan is the interest rate. Lenders in India offer housing loans at different interest rates. Moreover, the interest rate between two borrowers from the same lender often varies too. In this post, we’ll have a look at five effective tips which can help you reduce your Housing Loan Interest Rate. While there are a number of factors that should be taken into consideration when selecting a lender for a housing loan, the interest rate charged by the lender is one of the most important. Lenders in India offer housing loans at different interest rates and often the interest paid by two different borrowers from the same lender is different as well. You can negotiate the interest rate on your housing loan to get the be
An index mutual fund is typically based on the market indexes and gives a broader exposure as compared to other types of mutual funds that focus on specific industries. Keep reading this article to know more about these funds and how they work. Investments have always been one of the most popular ways of ensuring that you increase your wealth. When you invest in mutual funds, you are looking to put in a particular amount of money every month and getting good returns on the same over a period. Index mutual funds are a form of mutual funds that have low risk and steady returns over a period. Index mutual funds have been gaining recognition in the market because of its advantages over actively managed mutual funds. So, let’s break down what index mutual funds are and how they work! What
When many people think of credit cards, they think of ways to rack up debt. You swipe your credit card in person or online, and then promise to pay back that debt at some point in the future. For those who are in some kind of monetary trouble, that can lead to growing debts as you pay the minimum every month but don’t pay off the balance. However, credit cards don’t have to be as damaging as that. If you have control over your finances and a steady amount of expected income, you can actually benefit greatly from using credit cards. Even if you have the money on hand in cash, you could benefit from using credit cards instead. Credit Card Benefits Credit cards afford you benefits because they allow you to accrue credit. Credit is a rating system that analyses how you have accrued debt in t
It needs to be known that not everyone who buys life insurance sticks to it for the entire lifespan of the policy. The measure of how far a customer persists with a policy is often gauged by what is known as the persistency rate. In FY2016, the persistency rate in the Indian life insurance industry was at a dismal low of 61% in the thirteenth month, as per an article on Livemint. What this means is that after one year of a policy sale, only 61 out of every 100 policies were actually renewed. Such low levels of persistency often stem from some myths that are associated with these insurance plans in India. Let us explore these in detail. Common Life Insurance Myths Life insurance is expensive:If you have pulled out a calculator and worked out your term insurance premium, then you m...
Investment companies help their customers make more money with their expertise and professionalism. They collect the pooled funds of their customers and invest them in securities that match their unique financial goals. They help investors with a broad range of investment options that are diverse and safe better than the ones they could have managed themselves. Investment companies help their clients manage pension plans, mutual funds, hedge funds and more. They earn their income or revenue by charging their customers with commission or service fees. Advantages of investment companies for clients to make more money Investment companies provide their clients with more diversification as they have a broad range of resources over the individual choosing on his or her own. When assets ar...
Most often people relate trouble with credit cards but they can be rather useful if they are used appropriately. In fact, store credit cards for bad credit are particularly useful if you want to improve your overall credit score. A bad credit occurs when you are over thirty days late on the payment of the loan, mortgage payments, charge cards, unpaid medical bills or have a legal judgment against yourself like child support or any other lawsuits. People who have bad credit have option of three kinds of credit cards available namely prepaid credit cards, secured credit card and unsecured credit card. Each one of them has its own benefits. Store credit cards for bad credit is a great way for people to re-establish or establish their good rating of credit. Listed below are a few benefits o...
FreeCharge is one of India’s top-notch eCommerce website, which has its headquarters in Mumbai, Maharashtra. Established in the year 2010 by Sandeep Tandon and Kunal Shah, this phenomenal initiative has managed to garner immense popularity all across the globe. The people throughout the world are saved from standing in long queues to pay bills through the conventional disbursement procedures. Day-to-day chores like meeting expenses and making recharges have really never been so easy and convenient. Have you ever given a thought that while there are so many digital payment applications, how and why FreeCharge acquired such widespread recognition? Well, there are some valid reasons behind this and they are mentioned below in brief. Reasons contributing to the Popularity of FreeCharge