Category: Business /Finance/Economy

Participatory Notes (P- Notes), Advantages, Disadvantages & why it is used?

What are participatory notes (P- Notes)? Participatory notes also known as (P-Notes). Participatory Notes are financial instruments used by foreign investors for making investment in India without being registered with securities and exchange board of India (SEBI). Why Participatory Notes…

Important banking questions & terms

Important banking questions & terms Who is the Governor of RBI? Governer of RBI is Shri Urjit Patel, who took over from Raghuram Rajan on 4 September 2016. Who are the deputy governors of RBI? Viral V. Acharya Shri N. S. Vishwanathan,…

What is Cut-off Time in mutual fund?

Depending on what time you submit your application and money with Mutual Fund Company, you will be allotted the suitable day’s NAV. Cut –off time in mutual fund scheme determines what Net Asset Value (NAV) you get to buy or…

New Income Tax Slab 2017-18

 Income Tax Slab 2017-18 Income Tax rate Individual tax payers Up to Rs 2,50,000 No tax Rs 2,50,001 to Rs 5,00,000 5% Rs 5,00,001 – 10,00,000 20% More than Rs 10,00,000 30% Senior citizens who are 60 years old and…

Ways to Quickly Raise Money for Your Business

A large number of businesses fail primarily due to lack of funds. The journey of converting an idea into a profitable business requires capital. Therefore, most entrepreneurs are constantly trying to find ways to raise money for their businesses. The…

How to increase credit score for home loan

Congratulations! You received that bonus which adds up to your corpus that you were saving up for the downpayment of your dream house. You also secured to bag that promotion a few months back which will help you afford the…

Benefits for homebuyers we hope to get in India soon

When Mohit’s cousin bought a house in London, his lender charged just 2% interest on the home loan. Meanwhile, Mohit was paying a whopping 9% here in India. This seemed like a big disadvantage that Mohit could do little about.…