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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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Labor Reform 2020 | 4 New Labor Laws Combined With The Old 29 Labor Laws

  Ever since the Narendra Modi government came, it has been known for shocking decisions. Once again, he has surprised people with jobs. In fact, the Ministry of Labour & Employment at the Center has made some major changes in the rules of salary, which will reduce your take-home salary.   So far there were 29 labor laws in India for employed people. The central government has made changes to reduce their number from 29 to 4. These are the laws - occupational safety law, health and working conditions, industrial relations, and social security law. From April 1, 2021, new laws will come into force and their effect on a salary of May 1, 2021, will also start showing.   Let's first, understand the salary structure   Employers are well-versed with two words, first CTC ie Cost to Company and second take home salary, also known as in-hand salary.   1. CTC: CTC means Cost to Company is the total expenses of the company in terms of your work; it is ...
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Even after the new exemption, will file ITR for older people above 75 years of age?

  Finance Minister Nirmala Sitharaman has announced a waiver in the Union Budget 2021 for the elderly aged above 75 years from filing income tax returns. This announcement sounds good, but if you look at the conditions related to it, it would be better to continue filing returns to the income taxpayer.   Actually, Finance Minister Nirmala Sitharaman had said in the budget speech that we are going to reduce the burden of legal troubles on the elderly aged 75 years or less. The central government will exempt senior citizens who have income only from pension and interest, from filing income tax. The paying banks of these senior citizens or the taxpayer will deduct the tax levied on their income. Experts say the announcement by the Finance Minister does not mean that 75 cross-aged elders earning pension and interest will not have to pay tax. They are exempted only from filing returns and tax will be deducted by their paying bank. That is, they will not need to pay a separate t...
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Many banks made changes in the interest received on FDs, know where to get FDs now beneficial

  The country's largest banks, State Bank of India (SBI), Canara Bank, IDFC First Bank and Kotak Mahindra Bank have recently revised the rates of interest on their fixed deposits (FD). Now the investor will get more interest on FD of some duration and less interest on FD of some duration. If you are also planning to make a fixed deposit, here we are telling you which bank is paying how much interest on the fixed deposit.   How much interest is being received on 2-year fixed deposit     Bank Interest Rate (in%) SBI 5.10 Canara Bank 5.40 IDFC First Bank 5.05 Kotak Mahindra Bnak 5.00 HDFC Bank 5.15 ICICI Bank 5.15 Punjab National Bank 5.20 Bank of Baroda 5.10 Bank of India 5.30 Union Bank 5.50     How much...
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Five important tips for working young investors that will secure a future

  The most important decision that working youth can make is to start investing early. Financial planning may not appeal to working young graduates, however, understanding the benefits of financial plan planning can make a huge difference in the future. If someone is a working youth and has started a career, this is the right time to start saving.   It is a very good idea to consider a long-term plan. At the same time, you have to keep sufficient amount for your personal expenses, other miscellaneous expenses, and also to maintain a comfortable lifestyle. You will continue to get interest on the investment over time and by the time you desire to make big life decisions like buying a car, property or going on vacation, by then you will have a good corpus.   Save savings keeping in mind compound interest: It often happens that when a young person starts a new job, the expenses are relatively low. This is the right opportunity to think that small amounts of savings ...
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Know about the Arundhati Gold Scheme of the Government of Assam

  Indian parents plan their whole life for the daughter's marriage. Giving of jewellery as a gift to a daughter is a tradition in our country. But it is not easy for all the Indian families. In such a situation, the Assam state government has started the Arundhati Gold Scheme to alleviate the anxiety of the daughter's parents. Under this gold scheme, the daughter is given 10 grams of gold in gifts as help from the government in the daughter's marriage. Let us know how people can take advantage of this scheme.   Under this scheme, the rights of women who register for marriage are protected. The objective of this gold scheme is to provide some relief to the financially weak parents. The gold is given by the Assam state government also makes the girl financially strong.   In the Indian state of Assam, marriages of children are done quickly in very backward areas. Due to which their health and studies are also affected. Keeping in mind the gold found in the Arundhati ...
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Follow-on public offer eliminates the need for promoter's minimum contribution now

  The Board of Securities and Exchange Board of India (SEBI) has approved some changes related to the follow-on public offer of the capital market, including several mutual fund regulations, in today's meeting. Regulator SEBI has lifted the lock-in ban for promoters' minimum contribution and issue in the follow-on public offer (FPO). Till now promoters of mutual funds have to make 20% contribution in the follow-on public offer. Market regulator SEBI has also added some conditions for this, the first of which is that the shares of the issuer company have been trading continuously for the last 3 years and the second thing is that it should have at least 95% investor compliance clearance.   According to these changes in the rules of Mutual Fund by SEBI, each scheme of a fund will have different asset and liability. Now the need to issue physical certificates of units of funds of mutual funds has also been removed. The maximum limit of exit load of mutual funds schemes and the...
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P-Notes investment reached 27-month high in November 2020

  Investment in India's capital market through participation papers or Pertissuary Notes (P-Notes) reached a 27-month high of Rs 831.14 billion in November. P-Notes increased investment in the second quarter as corporate earnings improved and liquidity improved.   What are P-Notes? P-Notes are issued by Registered Foreign Portfolio Investors (FPIs) to foreign investors who wish to become part of the Indian stock market without being directly registered. However, for this, they have to go through a fixed process.   According to data from the Securities and Exchange Board of India (SEBI), P-Notes investment in Indian markets, including equity, debt and hybrid securities, increased to Rs 831.14 billion at the end of November. This figure stood at Rs 786.86 billion at the end of October.   The special thing is that this is the highest level of investment since August 2018, when a total investment of Rs 846.47 billion was made through this route. At the end of...
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