6 Key Tax Changes In Budget 2022
Though the common man of India along with most of the salaried individuals had expected changes in the income tax slabs, changes in the income tax rates, hike in the standard deduction, hike in basic exemption limit, section 80C limit, work from home tax benefits and more… But none of them were initiated in the Union Budget 2022-23. Though Finance Minister Nirmala Sitharaman did not make...
Decode Budget 2022 – Progressive and Growth oriented
BUDGET 2022 Analysis Table Of Content Disinvestment TargetsEconomyFinanceDefenceInfrastructureAutomobileRailways The Union Budget for the fiscal year 2022-23 is primarily focused on Infrastructure, Capital Expenditure & generating Employment. This is indeed a positive step towards long-term economic development. DISINVESTMENT TARGETS One of the prime highlights of this...
SIP Or Lumpsum Which Is Better?|SIP Vs Lumpsum
Investing in mutual funds is definitely not as simple as investing a large amount of capital and then withdrawing is once you earn profit. It involves many more activities like setting financial goals, identifying investment opportunities that match with your goals, understanding the difference between short-term and long-term investments, maintaining the required diversity in your...
Importance of having an Insurance
Support to families during an emergency Financial security Transfer of Risk Compulsion on having Insurance Peace of mind Uncertainties are the only certainties! The pandemic has made us realise that we all live in an unpredictable world these days. Thus, there are many legitimate reasons to prepare yourself for the unannounced curveballs. What better than getting yourself...
Should You Stop SIP When Equity Market Reaches Peak?
Nowadays, most investors consider SIP (Systematic Investment Plan) as a choice of investment. One of the most obvious reasons behind this is the transparency, simplicity, convenience and the power of compounding that mutual funds offer, especially to the investors who invest for the long term. However, SIP will help you not fall into the trap of timing your investment. It is one...
Should You Invest in a Fund of Funds?
Successful investing is about managing risk and not avoiding it! For investors who are new and looking to invest at a minimum risk, they should consider the fund of funds as an investment option. What is a Fund of Funds(FOF)? A Fund of Funds is a type of mutual fund scheme that invests in other mutual funds. So, instead of directly investing in equities or debt securities, the manager...
How Fintoo ensures your Safety and Security?
Are you amongst those people who double check and triple check the authenticity and safety of any website before sharing any information related to yourself, your near and dear ones, and most importantly, your finances? Well, with the increasing number of incidents related to online identity and monetary thefts, we at Fintoo completely understand your concern about the safety and security...
Monthly Mutual Fund Recommendation
“Saving money is wise but investing it is profitable” and what better than a Mutual fund. Mutual funds let you invest in a variety of funds and are also easy to buy and sell. Thereby making every investor’s first choice for investment. The most prominent type of Mutual funds are: Equity FundsDebt funds Understanding each category will help you to choose your investment wisely. Let...
Pre Market Analysis – 5th Oct 2021
Markets rallied 1% on hopes of accommodative stance by RBI in upcoming credit policy but situation has suddenly turned grim after Brent crude prices rose from USD 78 a bbl to USD 81 a bbl in late afternoon. With Nifty already holding Bearish Dark Cloud Cover in the previous week, markets are at a risk of major meltdown and a move above 74.50 in USDINR could add fuel to fire during a...