During the XI Five Year Plan period Ministry of Human Resources Development, Department of Higher Education, Government of India introduced Central Sector Scheme of Scholarship for College and University Students on the basis of marks scored by these students in Class 12. No separate Exam is conducted by the government for this scholarship. Under this […]
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An Introduction To Rentcharges
Understanding the term ‘rent charges’ can be a daunting prospect. Contrary to how the word sounds, it doesn’t relate to charges incurred from renting a property under a lease. Guidance on the government website defines rent charges as ‘an annual sum paid by a freehold homeowner to a third party’. Rent charges only apply to […]
Bond Market vs. Stock Market: What’s the Difference
The heartbeat of any stock exchange, and perhaps, the economy is stocks and bonds. Regardless of whether you are trading on the Nifty or the Sensex, as an investor with a reputed broker such as Kotak Sec,urities, understanding specific financial terms can get confusing. If you are a new investor to the stock market, you […]
Do You Know How to Apply for a Car Loan?
To be the one behind the wheel is one of life’s luxuries. You are free to tweak your schedule, to do and see more within a day. It’s boosting your overall productivity. To buy a car these days, most people need to apply for a loan. You don’t have to be overwhelmed by having to […]
The danger of spending more than you make
Too many people across the globe are spending more than they make. This, coupled with a decline in personal savings rates, is having a devastating effect on individuals who continue to live beyond their means. Now is the time to begin to spend less than you make and secure your financial future. Step 1: […]
5 Easy and Effective Ways to Improve Your Personal Finances
People suffer from all different kinds of problems where their personal finances are concerned. Some can’t seem to escape the cycle of living paycheck to paycheck, while others are so deep in debt they have no idea how to dig their way out. Some have feelings of shame or remorse tied up in their spending […]