Personal Finance
KYC Regulations Update: Comprehensive Guide
1.3 crore mutual fund accounts are on hold in India due to incomplete KYC, which means they cannot currently be used to buy or sell mutual funds. But why did this happen? This blog will answer all your questions regarding KYC and its issues. Overview KYC stands for Know Your Customer. It is a set […]
Guide to Behavioral Finance: Definition, Biases, and Impact
Ever wondered why you tend to spend more freely with a credit card than with cash? Or why do you hesitate to sell a losing stock but quickly sell your winning holdings at a small profit? Behavioral finance provides interesting insights into various financial puzzles. Unlike traditional finance, which assumes that investors are rational, behavioral […]
National Pension System (NPS): Should You Invest?
The National Pension System, or NPS, is an effort of the Indian government that aims to give Indian citizens retirement benefits. It encourages people to invest regularly during their working term for retirement. Earlier, it was called the National Pension Scheme. In this scheme, you invest a lumpsum or fixed amount of money every month. […]
What is Inflation? Meaning, Types, & Risks
Inflation is a difficult concept but we’ll try to explain it with an example: Have you ever visited a supermarket to get groceries and discovered that the number of things you could buy earlier cannot be bought with the same amount of money today? This phenomenon is called ‘Inflation’. This blog will explore inflation’s causes, […]
Sources of Revenue and Expenditures of the Government of India
We put in a lot of effort to make money, but a significant amount is taken in taxes each year, which not many know how the government uses to carry out its mandate. This blog will provide you with a thorough description of the government’s funding sources and expenditures. Surplus and Deficit The government gets […]
What is Securities Transaction Tax (STT)?
Do you regularly trade in the stock market and worry about the many taxes that the Indian government has put in place and how they are reducing your return? Fear not—we’ve got you covered. In today’s blog, we will discuss one such tax, the “Securities Transaction Tax.” Overview of Securities Transaction Tax (STT) The Indian government […]
What Is The Difference Between TDS and TCS?
Have you ever received any income from investments and realized it was slightly less than anticipated? Did you discover that a charge was added to your account while paying bills that needed clarification? If so, don’t worry; we’ll cover such hidden charges. Read the blog to learn the distinctions between Tax Deducted at Source (TDS) […]
Top 10 Tax Saving Instruments in India
Even when you put much effort into earning your money, paying taxes might be uncomfortable. However, you can access various financial tools to invest, lower your tax liability, and retain a larger portion of your earnings. This blog will explain the various tax-saving options and how they work. Best Tax Saving Instruments in India It […]
What is Pledging of Shares?
At one point or another, we may find ourselves in a situation where we require a certain amount of capital. A common solution to this is borrowing a loan by pledging an asset for the monetary requirement. Property, home, car, deposits, etc., are the most popular collateral options for getting a loan. But have you […]
How to Improve Your Credit Score?
Have you ever been denied a loan because of your credit score? Or are you someone whose credit score is below 700? A bad credit score can hold you back from reaching your financial goals. But the good news is, you can take control and improve it! In today’s blog, we will tell you the […]
Open Free Demat Account
Join Pocketful Now