Looking for a Car Purchase – New Car or Old Car – here to think the pros and cons
When it comes to purchasing a vehicle in India, one of the biggest decisions you’ll have to make is whether to buy a new or used vehicle. Both options have their advantages and disadvantages, and the right choice will depend on your individual needs and preferences. New Vehicle Purchase: Buying a new car in India […]
Two Wheeler Purchase – How do You take a Two Wheeler Loan ?
If you’re in the market for a new two-wheeler, you may be considering taking out a loan to finance your purchase. Taking a two-wheeler loan in India can be a great option, but it’s important to ensure you have a smooth application process. Here are some tips to help you make the most of your […]
What is Government CGTMSE Scheme in India – that benefits businesses ?
he Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a scheme established by the Government of India in 2000 to provide credit guarantees to banks and other financial institutions in order to encourage them to extend loans to micro and small enterprises (MSEs) in India. The goal of the CGTMSE scheme is […]
What are Negative Remarks or Derogatory Remarks on Your Credit Report, be it CIBIL, Experian, Equifax or CRIF Reports ? Know Your Credit Score Report better.
A derogatory remark on a consumer credit report is a negative item that can negatively impact a person’s credit score and creditworthiness. Some common examples of derogatory remarks include late payments, charge-offs, collections, foreclosures, repossessions, and bankruptcy. These remarks can stay on a person’s credit report for up to seven years, and can make it […]
What is a business line of credit, and how do small businesses benefit from it most of the times ? Read on if you are an entrepreneur and need to understand this funding tool
A business line of credit is a type of loan that provides businesses with access to a specified amount of funds that they can draw upon as needed. Unlike traditional loans that provide a lump sum of funds, a line of credit acts more like a credit card, allowing a business to borrow and repay […]
Does a Good Credit Score guarantees a Credit Card Issuance for You ? Read on..
A good credit score is an important factor in obtaining a credit card in India, but it is not a guarantee. A credit score is a numerical representation of a person’s creditworthiness, based on their credit history and other financial behavior. A high credit score indicates that the person is a low-risk borrower and is […]
TDS at Your Online Gaming Winnings in India Budget 2023 – Why This Government Move ?
Tax Deduction at Source (TDS) is a mechanism through which the government can collect tax at the source of income, thereby making tax compliance easier and reducing tax evasion. The introduction of TDS for winnings in online sports or online gambling sites can have several advantages for the government and for society as a whole. […]
Best Money Moves to make in Your 50s – Have a look to be money wise
In your 50s, it’s important to focus on maximizing your savings and reducing debt to prepare for retirement. Here are some specific money moves to consider: It’s important to remember that everyone’s financial situation is unique, and the specific money moves that are right for you will depend on your individual circumstances. It’s a good […]
Term Insurance – Benefits, Pitfalls and Salient Features for India
Term insurance is a type of life insurance that provides coverage for a specific period of time, known as the term of the policy. In India, term insurance is a popular choice among individuals looking to secure the financial future of their loved ones in the event of their untimely death. In this article, we […]
How should you Evaluate Your Short Term Loan Options?
When evaluating short-term loan options in India, there are several key factors to consider: By considering these factors, you can evaluate the various short-term loan options in India and choose one that best meets your needs and financial situation. Additionally, always read the terms and conditions of the loan before signing the agreement to ensure […]