Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
As election fever rises, the government is taking strict measures to ensure that the election process remains fair and transparent. In Jharkhand, the Income Tax Department is now paying close attention to large cash withdrawals, specifically any withdrawal exceeding Rs. 1 lakh from banks. This move is part of the broader strategy to control election-related expenses and prevent misuse of funds during the election period. Election Commission’s Monitoring Mechanism To ensure that elections are conducted fairly, the Election Commission has introduced several monitoring measures. These include not only keeping an eye on cash withdrawals but also focusing on alcohol distribution…
Bank fixed deposits (FDs) are a popular choice for people looking for safe investments with guaranteed returns. However, the returns on FDs are often lower and can seem weaker when inflation is considered. While equity mutual funds provide higher returns, not everyone is comfortable with the risks involved in stock market investments. For investors looking for lower risk and better returns than FDs, debt funds are a great option. One such standout is the HDFC Long Duration Debt Fund, which has delivered strong returns while maintaining a moderate risk profile. Outstanding Performance of HDFC Long Duration Debt Fund HDFC Long…
Mutual funds are gaining popularity among Indian investors, especially those who want a safer alternative to direct stock market investments. Blue chip mutual funds, in particular, are attracting a lot of attention because of their reliable returns and lower risk. These funds invest in well-established large-cap companies, making them a stable investment option for the long term. Let’s dive deeper into blue chip mutual funds and explore the top-performing ones that have doubled or more in value over five years. What Are Blue Chip Mutual Funds? Blue chip mutual funds are essentially large-cap mutual funds that invest in established companies…
Equity mutual funds are often seen as a way to build wealth over time, especially with long-term investments. The power of compounding, combined with a disciplined Systematic Investment Plan (SIP), has the potential to generate significant returns. But while many funds can deliver impressive growth, not all funds perform well consistently over a decade. Here, we take a closer look at five equity mutual funds that lagged behind in delivering returns over 10 years. Despite being among popular choices for long-term wealth creation, these funds offered modest returns in comparison to higher-performing equity funds, sometimes only slightly outpacing debt funds.…
Prime Minister Narendra Modi inaugurated the International Telecommunication Union-World Telecommunication Standardization Assembly (ITU-WTSA 2024) and the 8th India Mobile Congress 2024 at Bharat Mandapam, Pragati Maidan, Delhi. The event marks a significant milestone as it’s the first time that ITU-WTSA is being held in the Asia-Pacific region, with India taking the lead in hosting. The event is bringing together more than 3,000 industry leaders, policymakers, and technical experts from 190+ countries, along with 400 exhibitors and 900 startups. During his speech, PM Modi shared his vision for India’s telecom sector, reflecting on how the nation is revolutionizing digital connectivity while…
Even with impressive returns over the last five years, the Equity Linked Savings Scheme (ELSS) category is witnessing a strange trend. Data from the Association of Mutual Funds in India (AMFI) shows that between April and September 2024, the net flow of investments in ELSS funds has been negative. Investors have pulled out Rs 2,030.89 crore from ELSS during this period, withdrawing more than they invested. A key reason behind this shift is the growing adoption of the new tax regime, which does not offer any tax benefits for ELSS investments. As a result, many investors are turning away from…
The stock market can be confusing for investors who struggle to decide the right time, sector, or category for their investments. With market fluctuations adding to this uncertainty, Balanced Advantage Funds (BAFs) have emerged as a smart solution for long-term investors. BAFs are designed to offer a balance between equity and debt, providing steady returns with reduced risk. What Makes Balanced Advantage Funds Special? Balanced Advantage Funds are known as All-Season Funds since they adjust investments between equity and debt depending on market conditions. When the stock market is performing well, these funds allocate more money to equities. If the…
If you or someone you know faces a road accident, understanding the compensation process can help avoid delays and ensure claims do not get stuck. The Motor Accident Claims Tribunal (MACT) is responsible for handling such cases in India, providing compensation for injuries, disability, or death. However, many people are unaware of this system, leading to missed opportunities for rightful compensation. Here is a simplified guide to the process, eligibility, required documents, and some real-life examples to understand better. Inform the Police Immediately After an Accident The first step after an accident is to inform the police. The police play…
With the growth of content creation, many YouTubers are earning significant amounts of money. In India, even creators earning from YouTube need to pay taxes. But how much tax will you have to pay, and what is the correct way to file your taxes? Let’s break it down in a simple way. Tax Rules for YouTube Income In India, income tax rules apply to all kinds of earnings, including from YouTube. While salaried employees have clear tax regulations, income from YouTube is treated differently. Here’s how: However, as a YouTuber, your earnings do not qualify as salary, so the standard…
The Indian stock market is gearing up for the biggest Initial Public Offering (IPO) in its history as Hyundai Motor India Limited is set to open its IPO on October 15, 2024. With an issue size of approximately Rs. 27,870 crore ($3.3 billion), this IPO has garnered immense attention from investors across the country. If you are considering participating in this monumental offering, here’s a simplified guide to the key details you need to know before investing. IPO Dates and Schedule The Hyundai Motor India IPO will be available for subscription starting Tuesday, October 15, 2024, and will close on…