A Quick Understanding of Income Tax for Beginners
Many of us may have heard our working friends casually mention tax gets deducted from their salary each month. Some of us would even remember our elders talking about the need to pay income tax. Well, income tax is something every working professional in India is expected to pay. This needs to be done within […]
Understanding the Tax Structure in India
The tax system has existed since ancient times, with farmers and landlords required to pay taxes in the form of cash, gold, silver coins, etc. As India progressed, and particularly during British rule, the tax system began to take a more structured form. The government started imposing taxes to make necessary amendments, create new structures, […]
Digitalisation in the Loan Journey
Gone are the days of lengthy paperwork and repeated visits to loan offices. With digitalisation, the entire loan journey, from application to approval and repayment, has become simpler, quicker, and more transparent. This blog breaks down the key components, benefits, and future trends of digital lending in India.
What are Officially Valid Documents (OVD)?
Officially Valid Documents (OVDs) play a key role in verifying identity and address during banking and loan-related procedures. Recognised by the RBI and financial institutions, these documents ensure compliance, prevent fraud, and streamline KYC verification. This article explains the purpose, importance, and list of OVDs you should know about.
Different Types And Benefits Of Health Insurance
Not sure which health insurance plan is right for you? Here’s a simple breakdown of the different types and how they help. From covering hospital bills to giving you access to better healthcare, the right plan can save you money and stress when you need it most.
Role And Impact Of NBFCs
NBFCs drive India’s economy by bridging the credit gap, supporting MSMEs, funding infrastructure, and ensuring financial stability, fostering inclusive growth. Check out how is it helping the Indian economy grow.
Top 10 Financial Tips For Young Adults
Managing finances can be challenging for young adults, but building financial literacy, setting goals, saving, and investing early can lead to long-term stability. Start small, stay consistent, and secure your future confidently.
Best Time To Buy A Vehicle In India
Timing is key when buying a vehicle in India. Festive seasons, year-end sales, and monsoon offers provide great discounts, while month-end and holiday periods are ideal for used vehicles.
Everything To Know About Key Fact Statement (KFS)
A Key Fact Statement (KFS) is a mandatory document provided by lenders that outlines loan details like the amount, interest rate, charges, and terms in a simple, transparent format. It helps borrowers make informed decisions, compare offers, and ensures fair practices by safeguarding against hidden costs.
Electric Vehicles Or Internal Combustion Vehicles: Which One Is Better And Why?
Electric vehicles, using electric motors and batteries, offer eco-friendly, low-maintenance options, while ICE vehicles provide versatility, budget options, and convenience with established infrastructure.
