Everything You Need to Know about India’s Gold Strategy

According to the World Gold Council (WGC), Indian households today hold the world's largest private stock of gold, a whooping reserve of almost 25,000 tonnes. With a total worth of approximately Rs 110 lakh crore, it is almost 40% of the country’s GDP. All of this value lies unused, locked away in private safes & lockers. Launched by the government in 2015, The Gold Monetisation Scheme (GMS) was aimed at converting this idle value into a productive...

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Further Steps Coming to Boost The Flagging Economy

Following up with its plans to rebuild the economy of the country ravaged by the coronavirus pandemic, the government may soon announce a number of fresh measures, including policy changes & large scale infrastructure projects, aimed at making local industries more competitive.Government sources indicate that some of these measures, which may include reorganising the tax administration, may be unveiled by none other than Prime Minister Narendra...

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On The Road to Economic Revival : PM Narendra Modi Takes Further Steps to Recover

Prime Minister Narendra Modi held a virtual brainstorming session with key regulators of the financial sector on 30th of July to discuss various measures the government intends to take to help revive the Indian economy hit hard by the COVID-19 crisis. The 3 hour long virtual meeting was attended by RBI Governor Shaktikanta Das, Sebi chairman Ajay Tyagi, Irdai chairman S C Khuntia, and PFRDA chairman Supratim Bandyopadhyay along with Finance Minister...

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How Can I Pay Taxes Without Facing IRS Complications

In today’s world, if you get in touch with a financial adviser, the first thing he will ask you to get out of debt as soon as possible. The more you delay to get rid of debts, the greater your complications. Now, it’s a common belief of tax payers that clearing taxes is one of the toughest jobs on earth since dealing the IRS is not easy. Remember, IRS has the ability to get your wages garnished and makes a Topsy-turvy of your financial records....

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Your Money Matters: Let's Do Money Work For You

Investment and saving money, nothing more than to restore the future welfare of the future with all the luxury and the good performance of current investments. The need to plan today, and know the power of their own money. There are different varieties of investments available in the market with a choice of rapid investment, including investment in cash, debt securities, stock trading, mutual funds, derivatives, commodities, and real estate. One...

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7 Tips: How To Make Better Financial Plan

It might be a good investment plan or estate plan or a pension, but without coordination of these plans, you are most likely to lose money. The reason is that all the seven stages of the objectives of financial plan you want when you want and the tax benefits and a comfortable amount of risk. Most people focus investment plan or retirement plan and lose the big picture. Here are 7 steps that you need to succeed in creating financial independence: 1)...

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How To Find A Good Mutual Fund?

Mutual funds are a good place to park your money. India has more than 40 AMC offers more than 1,000 systems. Increase the number of systems has also led to increased investor dilemma in mind. Investors are often confused when it comes to choosing the bottom right corner a number of funds. Many investors also believe that "all" the system can help them achieve their desired objectives. But the fact is that not all systems are the same. There are...

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How To Successfully Invest In The Stock Market

For successful investing depends on the type of business you are thinking about joining the class or type of business. T investing in stocks is an art you must master if you need to succeed. When you decide to invest in the shares of some of the things to consider. • Invests in companies that are worth more than their market value • Examine the profitability of the company, this can be obtained by evaluating the return on equity, return on investment...

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Student Loans In Default – Pluck Out The Problems

Who does not dream of a high profile career? But for that, one must have a good academic profile. Unfortunately, education seems to be a luxurious product nowadays. With skyrocketing scholastic expenses, education has become an affordable commodity only for the well-heeled individuals. The fact carries enough hints of frustration for the students belonging to the poor and middle-class families. However, for them student loan is an option to embark...

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Quite Smoking And Become Accustomed To Making Saving Tips For Teen

Adolescents need to understand the purpose of saving for future successive dream. The teenage years is most vital for saving. At this age you get tension free life to take this opportunity to focus on saving for a beautiful body in a short period of time to achieve objectives such as luxury cars, foreign travel, etc. There are several ways tips on how to save money to achieve specific objectives . 1. First thing to analyze how much you could save...

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Car Insurance Myth : Do You Know Them?

A lot of myths or fallacies are associated with car insurance. Most of the people don’t have any knowledge about them which compelled them to take a wrong route while buying car insurance. Go through the following to know and free from your confusion about them,Car Insurance is unnecessary Still you don’t have any car or motor vehicle accident means you are profoundly fortunate. But it doesn’t guarantee that, unfortunately, you don’t...

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Dinar Investment – A Swift Money-Making Alternative

With the progress of time, plenty of investment options have been introduced so that investors can make good money in quick time. After the initiation of Iraqi dinars in the global financial markets, investors are doing good business with Iraqi dinar investment and therefore considering it a lucrative money-making option. In today’s world, all sorts of business transactions and dealings are done via online. You don’t need to run aimlessly to and...

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