When you initially learn how to do your taxes, the process can be overwhelming. Using the slab system, individuals can calculate their income tax in India. Depending on the slab your income comes under, a certain percentage of tax is payable. Taxpayers can choose between the new income tax slab rates and the existing (old) […]
What is the KYC process and why is it mandatory?
Know Your Customer (KYC) processes are critical for banks and financial services firms to enable them to evaluate customer risk. The KYC process is a legal requirement globally with current Anti Money Laundering (AML) laws. An effective KYC process requires the bank and financial institution to verify a customer’s identity, understand their financial activities (verification […]
How to navigate through bear and bull markets?
Investing in the stock market could be a better option for your short-term and long-term investment goals. With recent advertisements and jingles being made on the benefits of mutual fund investments and a 2019 Livemint article reporting the increasing popularity of this avenue, it is only common for you to consider this option to grow […]