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Fixed deposits: Top-5 banks giving higher interest rates
The interest earned on a FD is fully taxable. It is considered a part of total income and taxed as per the applicable tax slabs
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Three reasons why renting a home is better than owning a home
Ideally, as a thumb rule, a tenant should not spend more than 25-30% of the household income on rent.
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AMFI reduces registration and renewal fees for mutual fund distributors by 50 %
The AMFI Registration Number (ARN) is the unique code, which identifies the intermediary as AMFI Registered Mutual Fund Distributor (ARMFD). The body
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Savings are up, even as balance sheets are stressed
To understand why savings are up, let us begin with the precautionary motive for savings. When there is visible income stress & heightened uncertainty
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Money9 Edit | The rise of savings: Now don’t let your money sit idle
Invest to build an emergency fund and switch from mere savings to investment.
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Covid-19 second wave reiterates the need for building an emergency corpus
Stop all your other investments temporarily and start contributing towards building this corpus. Park the corpus in funds that are liquid even if you
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Young India saves to seek financial empowerment
Investment fundamentals have changed in the last decade and going forward they will change more dramatically
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Make the most of your work-from-home savings
The Covid-induced health and economic crisis took a toll on many, but the work from home (WFH) culture came as a blessing in disguise
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No salary hike? Here are seven tips to create wealth
“To acquire wealth is difficult, to preserve it more difficult, but to spend it wisely most difficult of all”
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Personal Finance Counter | Top-5 stories on Money9 on March 22
So, start the week with a wide array of stories which have a link to your wallet
