Dividend Yield – Is it Worth in India Stock Markets?
Dividend yield is termed as annual dividend divided by current stock price. Mathematically, D.Y= A.D/C.S.P D.Y=Dividend yield A.D=Annual dividend C.S.P=Current stock price Thus, it should be clear that current stock price and dividend yield are inversely proportional. Example: If you buy a stock for Rupees 2 and its current cost is rupees, 12 then the...
Redeeming Mutual Funds – Process and Requirements
A decision to redeem (sell off) mutual funds should be a rational one. One should never jump to conclusions by looking at the NAV for a day. Anyways, once you have taken a decision to redeem your mutual funds, you need to follow a certain procedure. In this article, an effort has been made to...
Tax Liabilities for NRIs Investing
Who is an NRI? NRI’s or Non-Resident Indians are the citizens and hold a legal passport of the Indian Govt. provisionally residing in some foreign country. He/she shouldn’t have applied or planned to apply in future to acquire for citizenship of her/his current country of residence. NRIs and their income earned or investments in India...
How to Manage Multiple Credit Cards?
A big question that hovers in the minds of people is how many credit cards they should own. Credit cards come with several attractive facilities and that makes it really popular among people who spend a good amount of money on shopping and paying bills every month. Credit cards can be widely used for making...
Process of Remitting Money to India
Sending money to India holds a majority of the remittances which is been directed to Asian countries. Remitting money from abroad is a way through which personal remittances are being sent to beneficiaries in India. This plays a big role for the Non residential Indians sending money to their families. Realizing the importance of international...
My Bank is NOT Accepting Mistake – What should I do…
Have your bank made an error? Have you suffered a loss because of it? Do you want the error to be corrected? Is your bank not accepting its mistake? If the answers to all these questions are affirmative, then you have landed at a right place. Even though you have not experienced any mistake by...
Claiming Assets after Death – Important Documents Required
Life never stops for anybody. There are definitely going to be changes in your life after the demise of your loved one. Though temporary, but a phase will come when day after day you will have to run office to office to claim the assets left by your deceased relative. The process of inheriting your...
Planning to buy Tata Nano: How Should Bank Loans Look?
Tata NANO, Tata’s one of the most talked about car is one of the precious jewels in Tata’s Crown. Commonly known as ‘People’s car’, this is the world’s cheapest car with all the real features and entities. Practically impossible to believe, but NANO is priced less than half the price of a normal car. Although...
Different Types of NRI Bank Accounts in India
Many Indians might have left the country many years ago; still they don’t want to be aloof. They want to maintain monetary ties with their motherland and keep their financial obligations towards their loved ones intact. The Indian banks provide various types of NRI account which can be opened and operated from their place of...
Prepayment or Loans: To Do or Not to Do?
We often end up taking loans for many a reason, like educational loan, auto loan, home loan, gold loan, personal loan, etc. and then sometimes suffer when it comes to repaying. There may be certain times when we have enough amount and we plan for a prepayment of loan. Yes, prepayment, as by the word,...
