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Comparing Fixed vs Floating Interest Rates in Home Loan Making an Informed Decision

Introduction One of the most significant financial decisions individuals make in their lifetime is purchasing a home. With the majority of homebuyers relying on loans to fund their purchase, understanding the nuances of interest rates is crucial. Home loans offer two primary types of interest rates: fixed and floating (also known as variable). Each type …

Why-having-Multiple-Credit-Cards-can-affect-your-Credit-Score

In today’s fast-paced world, credit cards have become an essential tool for managing personal finances. They offer convenience, security, and a wide range of benefits. However, it’s important to understand that having multiple credit cards can impact your credit score in various ways. In this article, we will explore the reasons why having multiple credit …

Public debt will remain high at 30-31% this fiscal year :CRISIL

Total public debt, measured as debt to government gross domestic product (GDP), is expected to remain high at 30-31% in the current fiscal year 2022-23, about the same as the previous fiscal year at around 31, 5 %. said the largest national rating agency CRISIL in its report published on November 10. Additionally, the report …

Large educational foundations at risk of losing tax exemption

A number of high-net-worth charities and trusts are at risk of losing their tax-exempt status due to two recent Supreme Court (SC) rulings if they don’t undertake a proper internal restructuring, tax experts said. However, since the judgments are applied prospectively, these companies do not have to pay higher amounts of taxes for previous periods …

Have you booked a new apartment_ Know what happens if you don't pay property tax

The number of new home buyers is increasing across the country. Total sales in the seven largest cities are expected to exceed 3.6 lakh units in 2022, according to a report. The uptick in home buying makes it imperative to stay on top of property taxes and the implications of not paying. Local authorities collect …

Can the employee ever achieve financial freedom_Here are three easy steps to do it - (A)

Wealth creation. A comfortable life in retirement. Expensive vacations. A good life. As tempting as these prospects are, many employees find it hard to imagine having it all. Take the case of this gentleman, Ron, whom I recently met in my investor education class. Ron has a good mix of stocks, sticks to mutual funds, …

Why inflation should decline in six months. And why is this good news for the markets

Investors’ bane today is inflation as it kills nominal returns. This adds to problems given rising inflation and subdued returns across asset classes. This is a global phenomenon, with inflation in some countries at multi-year highs. But inflation should decline in six months. You may wonder how this happened? Let’s look at it from a …

Is it safe to invest in technology stocks - (A)

The information technology (IT) sector has proven to be one of the hardest hit by recent stock market volatility. In fiscal 2022, technology sector funds as a category lost 24.7%, compared to a 5.86% loss reported by Flexicap funds, according to Value Research. The sector has been the favorite of many investors over the past …

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