What is the difference between Absolute and Annualised return? Absolute return measures the performance of investment regardless of the time period. It is expressed in terms of percentage and INR. On the other hand, the annualised return is the average...

How can I check my Aadhar card details? One can check their Aadhar card details online by visiting the website https://uidai.gov.in. Unique Identification Authority of India (UIDAI) provides the service to check the details online. An individual can check Aadhar...

Introduction Bonds are investment products that fall under the fixed income asset class. They are instruments that allow the government or corporations to raise money publicly or privately for funding various projects. They pay interest rate (coupon rate) for the...

Introduction A credit score is a measure of one's creditworthiness. A higher credit score indicates a better ability to repay a loan. Additionally, it can get faster loan approvals, cheaper interest rates and better bargaining power. Whereas, a lower score...

What are growth funds? Growth funds are a type of mutual funds that invest in growth stocks. Growth funds aim to earn returns through capital appreciation than dividends. These funds majorly invest in companies with good revenue growth and proven...

Meaning of Nifty  The Nifty meaning is a derivation from the mix of two words, i.e. “National Stock Exchange” and “fifty”. It is an abbreviation of the National Stock Exchange Fifty. It is a collection of top performing 50 equity...

Introduction Section 80CCD is one of the popular sections after Section 80C with regards to tax deductions of the Income Tax Act, 1961. It covers the National Pension Scheme (NPS) and Atal Pension Yojana (APY). This deduction is available to...

What is TDS tax deducted at source? In the case of certain incomes, a tax is required to be deducted at source by the payer before making the payment. The rates have been specified under the income tax act under...