Digital loan against mutual funds (LAMF) - Should you opt?

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  Are you in the midst of financial distress? Are you pressed for time and in an urgent need for money? Do you mind liquidating your current investments? If the answers to these questions are a YES then redemption of your investments or availing a loan against them would be the best way to do away with the unexpected cash crunch. This is how it is generally done and this is how an investor wo...
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Income Tax - Changes after April 1st, 2018

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  A summary of the income tax changes for individual tax payers that were announced during Budget 2018. These changes will be in effect after April 2018. Standard deduction re-introduced: For salaried taxpayers and pensioners, a standard deduction of ₹40,000 has been introduced. The transport and medical allowance has been merged with the standard deduction. Instead to saving the bills and cl...
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Has India's savings & investment habit change after DeMo?

Has India's savings & investment habit change after DeMo?
On 8th November's eve, when the world was eagerly waiting for their predictions on US presidential elections to win, Indians got hardly hit by a sudden storm announcing an unscheduled plan of demonetization. The president addressed the citizens on 20:15 IST stating that all 500 and 1000 rupee notes were subject to be invalid post midnight! The impact of such a surgical and disruptive move was unim...
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