The author is talking about how people in India usually do things in the tax season- they rush to file their taxes and spend all their money. This year, people are going to have to wait because there is a new tax season. This new season is called "the tax-saving season." This season is when people can save money on their taxes.
RoDTEP (Remission of Duties or Taxes on Export Products) came into effect on Jan 01, 2021
"Collection efficiency maintained at 99% plus, with restructured and NPA books showing healthy collections. The bank continues to focus on stressed buckets and reducing incremental overdues," Ujjivan said in a regulatory filing to stock exchanges. Suryoday said it sold a pool of stressed assets amounting to Rs 492 crore for Rs 135 crore in December. Out of this, Rs 64 crore was technically written off accounts and the balance are NPAs.
Mutual funds are a way for people of all income levels to invest in a way that is tailored to their individual risk and investment goals. Systematic Investment Plans (SIPs) are a way for people to invest a small amount of money each month, in order to build a larger investment portfolio over time.
Mutual funds are pools of money that are invested by many people in order to make money. The NAV (net asset value) is the value of the mutual fund at any given time. This value is decided by the mutual fund's trustees (usually a group of people who are responsible for the fund's management) and is based on the fund's assets (money that is invested in the fund) and liabilities (money that the fund owes to investors).
Obviously, it is not, as there are several other key areas you should have your eyes on before investing even a dime. Read to know more.
While there is a lot you should know about equity funds, how much information do you need to get started with investing in these funds? See to know more.
How to decide which type of mutual fund scheme out of the two will be more suitable to your investor profile than the other. See more to know.
The doom-to-bloom story of the PSBs can be attributed to the initiatives and spate of reforms undertaken by the govt led by Modi, along with the then FM Arun Jaitley and Financial Services Secy Rajiv Kumar. As part of the strategy, the government infused an unprecedented Rs 3,10,997 crore to recapitalise PSBs during the last five financial years