Mutual Fund is one of the highest regulated industry in India, even more so than some of the developed nations, this makes it easier for an investor to trust and invest their money in mutual funds (as the probability of wrong doing is incredibly low), however at the same time this curbs the overall industry to spread it’s wings, educate more people about mutual funds and get them to invest. Continue reading “SEBI allows investors to invest in Mutual Funds via Mobile Wallets, is this a right move?”
The investment patterns in India have always been inclined towards risk-free zones. People preferred fixed deposits, gold, land, and government bonds. As surety of return has always been a critical factor, people tend to avoid high-risk investments. Mutual Funds solve these problems. If invested wisely, these are the most flexible, comprehensive, and hassle-free medium to invest.
While these are the traditional methods of safe investment, there are certain trends which are on the raise.
Various schemes can help people to save money on tax. To save money on tax is an essence of today’s modern world. Day by day individuals are planning to save money on tax. An income tax is imposed on an individual or a company by the government of India in the slab of taxable income. India has got multiple government as well as private organizations offering numerous tax saving options to the residents of our country. There are some of the best tax saving instruments in India and here is a short list of them. Continue reading “What Are The Best Tax Saving Plans & Options in India?”