Mutual Fund Systematic Investment Plans (SIP) – All You Need To Know

SIP stands for Systematic Investment Plan, it is an automated method of investing in mutual funds. You select a mutual fund, an amount and a date. On your selected date, the predecided amount is deducted from your account and equivalent units of the selected mutual fund are allocated to you. All this happens without any manual intervention..........

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Understanding Mutual Funds – For Beginners

A mutual fund is a fund created from a pool of money collected from a large number of investors. This pool of money is managed by a professional fund manager. The money of this fund is invested in various assets to generate income/capital gains for the investors.........

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Which Taxes Indian Bloggers Have to Pay?

Income tax applies to all Indian bloggers. You calculate all the earning you made from your blog. You subtract all the expenses related to the blog. On the final income, you pay income tax. GST is a little more complex........

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How to grow my retail shop business?

I got my first practical experience of an SME loan by sanctioning a MUDRA loan for a retail shop. For this project, I had to analyze how people run their retail shops. I present here the best practices that I came across and some additional factors. I have seen many established retail shops employing these strategies.........

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How does CIBIL matter for agriculture loans?

Back in the days when I was working in a bank. One day we were asked to attach a CIBIL report of borrowers in the files of all agricultural loan. That is when I realized the relevance of CIBIL for agricultural loans.........

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Is LIC of India Policy Still a Good Option?

If you are looking to buy a pure insurance product, LIC is comparable to other insurance companies. If you are looking for endowment, money back, etc (a policy which provides a return on the premium paid, on maturity), the story changes completely.............

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