Year: 2023

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…

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…

Mudra Loan Advantages and Disadvantages

A refinancing program called Mudra is made available to banks and microfinance organizations. This program, a wholly owned subsidiary of SIDBI, offers banks and microfinance organizations refinancing options against the debts they have given to start-ups to encourage the growth…

Offline Business Advantages and Disadvantages

It is true that whenever buying something, trust is one huge factor that people consider. And for sure, offline businesses are the best in terms of the trust factor, because a lot of things can go wrong with the product…

Partnership Business Advantages and Disadvantages

There are different ways to do business. Some people prefer doing it all alone, while others prefer a partnership. While engaging in the partnership business, you can be two or more two people. In addition, you can partner with a…

Business Loan Advantages and Disadvantages

According to insights, a lack of adequate cash is to blame for 29% of business failures. Additionally, this is the second most frequent cause of business failure. A business loan may be an excellent option if your company needs additional…

Home Loan Advantages and Disadvantages

Buying a dream house can be the biggest investment one can make in his/her life. Especially in times when property rates are at an all-time highest. But the thing is, not everyone is privileged to invest a huge amount to…

Child Life Insurance Advantages and Disadvantages

As parents, it is your responsibility to ensure a bright, safe, and better future for your little ones. And for that, you can do various things like an investment as per the growing age of your kid, or you can…

CIBIL Score Advantages and Disadvantages

With the introduction of the lending system, there was a need for a central database which maintained the person’s records. This was when the CIBIL came into play. The credit bureau gives the score, and there are many credit bureaus…

Direct Tax
Tax

Direct Tax Advantages and Disadvantages

As a citizen of any country, you pay different types of taxes. These taxes can be classified into direct tax and indirect tax. Paying these taxes is not discretionary, and the calculations are based on the slabs given by the…