Who doesn’t like discounts or some sale offers? Everyone likes them. And that’s the reason why various stores and dealers offer you goods at discounted prices or with some amazing offers. This in turn, helps them to increase their sales and create a strong customer base. These are generally referred to as “Promotional schemes”. But […]
NBFC stands for Non-Banking Financial Company and is registered under the Companies Act, 2013 and managed by RBI with activities very similar to the bank except for some major differences. NBFC is known to provide financial support and services to businesses and individuals. One of the principal objectives of a Non-Banking Financial Company is to […]
In a layman’s language, Employee Stock Option Plan (ESOP) is an option given as a right and not an obligation to the employees of the Company to purchase the Company’s shares at a fixed price during a specified period of time. We can say that ESOP drives benefit to the both the Company and the […]
What is the Maximum Income Tax I can save for this Year (FY 2018-19)? A question I am often asked. Tax laws keep changing year on year especially in Budget. Broadly speaking If you are able to avail all these sections you can make more than Rs 11 Lakhs income tax free. But unfortunately not all sections […]
Ask any person what their preferred mode of investment is, and chances are that the words ‘fixed deposit’ are the first thing that they’ll utter. It’s an offering that is common across the financial industry, with organisations like Bajaj Finance providing a lucrative package that will allow you to maximise your investment through this financial […]