Despite bad experiences it's not easy to ignore a relative or a friend is in need of financial help. It is often said that the easiest way to lose a friend is to extend him a loan. Many would have gone through the regret of lending to a family member or a friend, who didn't stick to the mutually agreed time of repayment, or worse kept requesting for more time, giving one excuse or the other, until you stopped expecting the money back. Despite bad experiences it's not easy to ignore a relative ... Rediff.com, 2 weeks ago
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit Most small saving schemes have seen a downward revision in interest rates recently. Bank and post office fixed deposits are now in the range of 7.5-8 per cent and high-rated company deposits return 8.4 per cent. In this scenario, Mahindra Finance has come up with a non-convertible debenture (NCD) issue that can fetch investors returns of nine per cent annually. In the individual category, those ...Rediff.com, 1 month ago NCDs suit those in lower tax bracket Business Standard India, 1 month ago
Government has announced several changes for those who want to invest in the Sukanya Samriddhi Yojana (SSY) this financial year. Now, an account can be opened for an adopted daughter. And, only a girl child residing in India can be a beneficiary. ...Business Standard India, 1 month ago
As interest rates are expected to move south, many savvy investors are buying tax-free bonds in the secondary market. Some of these an effective yield of over seven per cent or 10 per cent return before tax — an attractive rate for those in the ...Business Standard India, 1 month ago Here's how you can beat the falling interest rate Smart Investor, 1 month ago
With the government completely rolling back the recent guidelines on the withdrawal of provident fund, employees saving through this instrument would be a relieved lot. Though the option to dig into your retirement savings has been restored, ...Business Standard India, 2 months ago
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