If you are a working professional, you may have earned promotions and saved a lot of money over the years too. Now, it is time to start thinking of investing all the extra cash. And while you mull over your options, include this important aspect of investing while conducting your
Quite often, you may have heard people say, “Oh, I have liquidity problems right now. I cannot really buy this house.” If you are wondering what they mean by this, let us help you understand. Read on! What is liquidity?Simply put, liquidity is the ease with which an asset
Wouldn’t it be wonderful to just relax and sip some juice at the beach and make money while you are at it? Seems too good to be true, doesn’t it? Well, hundreds of thousands of people do it every day. Curious to know more? Read on! What is
When you avail of a loan, you agree to repay the principal and the interest over the entire duration. These are divided into equal installments that are repaid over the loan tenure. If you do not pay the loan installment on time, you may have to pay additional fees along
A loan is an amount borrowed from the lenders with an agreement to repay it within a pre-determined tenure. The lenders charge a certain rate of interest on the borrowed amount. Generally, the principal and the interest amount are paid in equated monthly installments (EMIs). Banks and non-banking financial companies
When you apply for a loan, the lenders check your credit score to determine your repayment capability. It is a three-digit numerical representation of your creditworthiness. A credit score ranges from 300 to 900. Moreover, lenders including banks and non-banking financial companies (NBFCs) may offer competitive terms like a higher
Tax deducted at source (TDS) is the amount deducted at the source of the income. TDS on salary is deducted by the employers on your taxable earnings. Moreover, TDS on salary ensures the government collects the income tax from the source itself. What is section 192 of the Income Tax
Although consumer behavior is uncertain, the primary objective of the marketing and product teams in an organization is to increase usage, conversion, and positive brand outlook. Price optimization is important to ensure the company’s long-term stability. One of the important aspects of price optimization is determining its elasticity. This
Most individuals and businesses avail different types of loans for meeting their fund requirements. People often take loans for buying a home or car. Moreover, they may avail of personal finance to pay for holidays, weddings, or other requirements. On the other hand, businesses avail of loans for meeting their