Banking

Income Tax Slab, Deductions, Limitations in India – A.Y. 2021-22

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Effective Tax Planning Strategies and Related Limitations for Individuals in India

Most of the people don’t know that they are paying tax on everything. Here we are going see about income tax slab for financial year (FY) 2020-21 under new tax regime as well as under old tax structure, income tax deductions for assessment year (AY) 2021-22, 80C deduction for FY 2020-2021, income tax exemptions, limitations …

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Systematic Deposit Plan – Best Saving Option

Systematic Deposit Plan-Best Investment Option-Best Saving Option-Wikipedia of FInance

The Indian financial market offers a diverse choice of best saving option for prospective customers. An investor has the option to select from a number of market dependent schemes, or investments offering assured returns, depending on their risk-appetite, systematic deposit plan, financial requirement, and investment capability. One such newly introduced quick savings tool is the …

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Top 5 Tips – How to Reduce the Home Loan Burden

Top 5 Tips-How to Reduce the Home Loan Burden-How to Clear Loans Faster-How to Get Rid of Home Loan-Wikipedia of Finance

Individuals are likely to avail substantial funds as a home loan that leads to sizable EMIs for an extended period. Thus, it may often increase financial obligations to some extent. You can search tips on how to reduce the home loan burden or how to clear loans faster or how to get rid of home …

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Myths and Facts About NRI Account Rules in India

Myths and Facts About NRI Account Rules India - Facts having NRI Bank Account in India - Wikipedia of Finance

Many Indians prefer to settle in foreign lands for better job prospects, earning money and completing higher studies. The Indian banking system has provided the facility of NRI accounts to operate all the financial activities from the different parts of the world. Before opening a NRI accounts in India, it is always advise that you …

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What is Retail Banking? Role and Services Offered by Retail Banking

What is Retail Banking-How Retail Banking Works-Role of Retail Banking-Products and Services offered by Retail Banking-Wikipedia of Finance

Retail Banking is the provision of consumer-oriented services to individual consumers. This does not include services to companies, corporations, entrepreneurs or other banks. In financial services, retail banking refers to financial services offered by a financial institution to consumers who are not themselves financial organizations. In this topic, let us understand what is retail banking, …

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