An analysis of the Union Budget 2023!
Fincart Blog
by admin
1y ago
There is always a lot of anticipation around the proposed budget every year. There were many expectations set by the people for this budget. Finance Minister, Nirmala Sitharaman, in her speech proposed the Union Budget for 2023-24 in which she stated attractive changes under the new tax regime. However, the old tax regime remained untouched.  ..read more
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Cybercrime: Secure your email from these attacks online!
Fincart Blog
by admin
1y ago
“Congratulations, you’ve won a Macbook, click here & fill in your details” “Your payment is on hold, please enter this code & sign in to your Netflix account” “Please click on this link to claim your reward of 10,000rs, just enter your bank details”.  Are you familiar with these types of emails or WhatsApp messages ..read more
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How to stick to your financial resolutions in 2023?
Fincart Blog
by admin
1y ago
There is one common resolution that most people make at the beginning of every year: ‘Save money’. But why is this that every year this plan is made? Some of us still hope to reach this goal, while others have given up on their dreams of saving money for a rainy day.  It is clear ..read more
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The psychology behind not achieving new year’s resolutions!
Fincart Blog
by admin
1y ago
Do you ever find yourself putting off tasks for later? You have, haven’t you? Procrastination has been coined as the phrase ‘thief of time’. The ancient Greek philosophers Socrates & Aristotle coined the term ‘Akrasia’ for a particular behavior. It refers to acting against your judgment. In other words, it means a lack of self-control ..read more
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What is the risk associated with unlisted stocks?
Fincart Blog
by admin
1y ago
Stock market investments are often regarded as a risky business. Furthermore, investing in unlisted stocks, which are subject to fewer regulations and have an informal market for buying and selling, may even be riskier. As previously discussed in the blog, unlisted shares are not listed on any stock exchange. They can be high-growth companies or ..read more
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The ABC of Inheritance tax in India
Fincart Blog
by admin
1y ago
Let’s take you back to the year 1953 when India was included in several reforms that were introduced, abolished, or changed! For instance, the creation of Indian airlines, Air India getting nationalized, the introduction of inheritance tax/estate duty, etc. There were several kinds of taxes that have been worked on, abolished & changed. Inheritance taxes ..read more
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How to save taxes with existing investments?
Fincart Blog
by admin
1y ago
The entire year you work so hard to get a desirable increment. The happiness you feel with every increment comes with minor heartbreak. How? Well, the more your salary increases the more you end up paying taxes as you might enter into a bigger tax slab. This is a feeling every taxpayer in the country ..read more
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Has a new era begun with the RBI-regulated digital rupee in India?
Fincart Blog
by admin
1y ago
The trend of digital currencies has been globally accepted as a new mode of transaction.  The launch of RBI’s digital rupee in India is believed to be a new era! An electronic version of cash sounds interesting! However the question here is, does the digital rupee have the potential to outpace other modes of transaction ..read more
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The value of staying invested in SIP for the long term!
Fincart Blog
by admin
1y ago
There is a famous Greek philosopher, Heraclitus, who stated that “Change is the only constant”. This philosophy perfectly describes the market. There are investors who see market volatility in a negative way, however, whether the market goes up or down, it still keeps on moving forward! Investors who understand this go along this curve, and ..read more
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How do I evaluate a financial advisor?
Fincart Blog
by admin
1y ago
Imagine you are running a restaurant and you are in need of a head chef. You may have a list of certain qualities you need for a head chef you want to hire. Ideally, you would like him to be patient, disciplined, and ethical when it comes to his work. It is obvious that his ..read more
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