Month: February 2023

Recurring Deposit Advantages and Disadvantages

You would already know about the fixed deposit, wherein you invest your money and get a fixed return at the end of the tenure. A fixed deposit is for investing a lump sum amount, but what if you don’t have…

Service-Based Business Advantages and Disadvantages

Product-based businesses differ from service-based businesses in just one aspect, which is the production of the physical product. In today’s world, if you pick any big or growing sector, you’d find out that within the same domain/sector/industry both service based…

value added tax
Tax

Value Added Tax (VAT) Advantages and Disadvantages

Value Added Tax, also known as VAT, is imposed on a product or a service at every step in the supply chain. The logic is simple, stating that if the product’s value is enhanced, then the value-added tax should be…

PPF Advantages and Disadvantages

PPF Full Form is Public Provident Fund, and it is a government saving scheme. The saving scheme is meant for long-term saving, and you can get a return at the end of the maturity period. The government pre-determines a rate…

Savings Account Advantages and Disadvantages: Check Pros & Cons

We all need to save money for a rainy day, and we are sure you would also not be interested in spending all your earnings every month. The best way to save money is through a saving account. Because of…

Post Office Savings Accounts Advantages and Disadvantages

You need a saving account for day-to-day transactions or parking extra money. You have options to open a saving account in a private bank or a public sector bank. There is an additional option that you have. You can also…

Systematic Investment Plan (SIP) Advantages and Disadvantages

Investing in the right assets is very important to create wealth. Stock markets usually have a higher gain when compared with risk-free assets like fixed deposits. However, you need to know the stock market well before you start investing there….

Top 10 Best PVC Pipe Companies in India

Construction of buildings, flats, apartments, homes and offices requires good quality material, especially raw material and PVC pipe. Even though people stuck to stainless steel pipe for a few years, today, PVC pipe is their first choice. Stainless steel pipes,…

Top 10 Best Marble Companies in India

India has a rich history, clearly visible in its historical monuments. One such grand monument that attracts attention is the Taj Mahal. Its purpose is to describe the use of artisans, skilled workers, and craftsman. The primary material of the…

Mutual Fund Advantages and Disadvantages

Stock markets offer a higher return when compared with fixed deposits and recurring deposits. If the market is bullish, then the returns will even be higher. Many people cannot invest in the stock market because they don’t know the stock…