How to get tax benefits on personal loans in 2020?

Sep 10, 2020, at 04:43 pm

You may take on a personal loan to meet immediate needs or planned expenses. Whatever the use of the funds from a loan may be, you will be required to pay interest on the principal amount. The amount you pay every month to repay the loan is referred to as an EMI. While taking a loan may be necessary, the Income Tax department does offer some relief to the borrowers.

How to Get Rid of Your Credit Card's Annual Fee?

Jan 29, 2020, at 01:00 pm

According to reports from last year, the end of the previous year recorded 44.2 million active credit cards in circulation across India. The original spike in credit card users began after demonetisation in India when high-value currency notes were temporarily unavailable. With a rise in the number of credit card users, different types of credit cards were also introduced by the financial institutions.

8 Things You Must Check Before Applying for a Business Loan

Jan 17, 2020, at 04:05 pm

After the initial period, there is a need to scale up the business, and you need funds. The best way is to apply for a business loan. The bank is more than ready to give loans to companies that show the capacity to repay the same. Technology has brought loans closer to business people, and it has become easier to check your business loan eligibility online and apply for one. Business loans can be both secured and unsecured.

5 Tips to Manage Working Capital for Your Trading Business

Feb 22, 2019, at 11:36 am

The running of a business invariably involves the management of cash coming in and going out. You check which product is selling well and decide to stock them up or vice-versa. Often, the customers are also provided an option of buying now and paying later and then a follow-up is done to ensure that they pay.