Rahul 
Ensuring financial security beyond regular income is crucial, especially for retirement. Passive income through investments like the Public Provident Fund (PPF) in India offers assured returns with minimal risk. PPF matures in 15 years and can be extended indefinitely in 5-year blocks, making it an ideal long-term investment choice. Importance of a Public Provident Fund … Read more
Established in November 1995, Edelweiss Financial Services Limited (EFSL) is an investment banking and merchant banking firm based in Mumbai. Through its subsidiaries, Edelweiss offers services in retail and corporate credit, asset management (including mutual funds and alternative assets), asset reconstruction, life and general insurance, and wealth management. As of March 31, 2024, the Edelweiss … Read more
Equity IPO and Debt IPO (NCD IPO) Companies require finances to manage their operations, settle existing debts, and support their expansion activities. Initial Public Offerings (IPOs) are a popular method for unlisted companies—those whose stocks are not listed on stock exchanges—to raise capital for their business needs. When comparing Equity IPO and Debt IPO, understanding … Read more
Established in 1955, Sakthi Finance Limited is an investment and lending firm that operates under the Sakthi Group, headquartered in Coimbatore, South India. The company specializes in providing financing for pre-owned commercial vehicles. The company also provides financing for the acquisition of machinery, cars, jeeps, and multipurpose vehicles used in infrastructure construction. The loans are … Read more
Nido Home Finance Limited, originally known as Edelweiss Housing Finance Limited, was founded in 2008. It operates as a non-deposit-taking housing finance company, providing customers with credit for a range of loan types. Nido Home Finance is a member of the Edelweiss Group, which is one of India’s premier diversified financial services organizations. The company’s … Read more
An Income Tax Return (ITR) is a form used to disclose your earnings and associated tax responsibilities to the Income Tax Department of India. Under Indian tax regulations, both individuals and businesses with an income are required to submit an ITR. This procedure aids in declaring taxable income, calculating tax dues, and claiming any permissible … Read more
Are you aiming to raise your credit card limit? There are numerous reasons you might seek a higher spending cap. Perhaps you have a significant expense approaching later this month, or you want to improve your credit score. This guide will teach you how to raise your credit card limit, highlight the advantages of having … Read more
An Income Tax Return (ITR) is a form that individuals and entities complete to report their income, calculate the tax owed, and detail any applicable exemptions and deductions for a particular financial year. The primary reason for filing an ITR is to claim tax deductions, although there are several other motivations for doing so. In … Read more
Revenue receipts that neither create liabilities nor result in claims against the government are non-redeemable and can be classified into two categories: Tax Revenue and Non Tax Revenue. Although taxes constitute a substantial part of government revenue, the government also generates income from other sources known as non-tax revenues. These receipts are not derived from … Read more
Established in 1995, IIFL Samasta Finance emerges as a leading provider of microfinance solutions in India, functioning as a Non-Banking Financial Company Microfinance Institution (NBFC MFI). With a steadfast commitment to uplifting women enrolled as members and organized within Joint Liability Groups, IIFL Samasta Finance, a subsidiary of IIFL Finance Limited, spearheads the delivery of … Read more
