The Social Benefits of Tax Exemption in India
Financial Hunt
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5y ago
Tax Exemption - There is a compassionate part hidden among all of us. And, the thought of getting out there and doing something for the society also must have crossed our minds many times. But, how often have we actually gone ahead and done it? We get so caught up in our daily humdrum that our benevolence takes a backseat.  But, as they say, 'where there is a will, there is a way.' So, one of the many ways that can provide you a platform to actively participate in social causes is to engage with a charity. Every charity works towards benefitting, uplifting, and sustaining society by encompassi ..read more
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SEBI Approves DVR Shares Issuance Framework
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5y ago
In its board meeting today, Securities and Exchange Board of India (SEBI) made some decisions including tightening of disclosure norms for promoter share pledges.  It also announced new regulations for liquid mutual funds to make them safer and more liquid. These funds schemes will have to invest at least 20 percent in liquid assets like government securities gilts. The framework for issuance of differential voting rights (DVR) share issues for tech startups wanting to list on Indian bourses were also approved with effect from 1 July 2019. New rules were targeted at helping tech startups ..read more
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Facebook's Libra cryptocurrency faces questions from international regulators
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5y ago
Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrencies Facebook’s Libra cryptocurrency is facing increasing skepticism from international regulators days after ambitious plans for it were unveiled by the social media company.On Tuesday, Randal Quarles, chair of the Financial Stability Board (FSB), a policy coordinator for G20 countries, said Facebook’s plan to expand into retail payments could lead regulators to take a closer look at such financial instruments.Quarles’s comments mark the first time a senior US regulator has spoken of how th ..read more
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Bitcoin Price Hits $11K Less Than 24 Hours After Breaking $10K Mark
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5y ago
June 22 — bitcoin (BTC) has crossed the $11,000 line for the first time since March last year today, according to Coin360. The leading cryptocurrency had surged past the $10,000 mark less than 24 hours ago. Bitcoin is currently already approaching $11,100, up to a notable almost 13 percent in the past 24 hours to press time. Meanwhile, major alts have also surged, with ETH seeing a multi-month high over $300. Yesterday, on June 21, professional trader Peter Brandt tweeted that bitcoin’s price is currently taking aim at $100,000 target.In his tweet, Brandt noted that bitcoin is on its f ..read more
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Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod
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5y ago
In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal with an intent to create a combined entity with a larger capital base and wider geographical reach.Indiabulls Housing Finance on Friday said the Competition Commission of India (CCI) has approved the proposed merger of the company with Lakshmi Vilas Bank.In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal with an intent to create a combined entity with a larger capital base and wider geographical reach. "The Compet ..read more
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How to Win the Financial Battle Vs Your Automobile
Financial Hunt
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5y ago
Think in the Long Term (for Models)Buy the car you want - but only after it is at least two years old, and three would be better. By doing this, you automatically save hundreds of thousands of dollars over your lifetime.When I was 23, I wanted to buy a nice four-door sedan, and I was drawn to the Cadillac STS. The new model had a base price of more $50,000, and with any kind of little extras, the sticker was almost $55,000. I was doing very well at a young age, but I wasn't doing that well to blow 50 grand on a new car. I was thumbing through my local paper (yes, this was before the Internet c ..read more
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What Is a Secured Loan on My Car? Your Questions Answered
Financial Hunt
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5y ago
When you look to take out any kind of loan, you'll always be faced with dilemmas and choices. Whichever loan you decide to go for, it's usually the options that surround each one where it can get confusing. However, the first thing to decide on is whether your loan will be secured or unsecured. Almost every loan available on the market today is one or the other, so which is best? Unsecured loansThough unsecured loans are a bigger risk for lenders, they are more widely available and come in several different guises such as a credit card or personal loans. Also, they don't usually require any fo ..read more
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Know the Advantages of Taking a Lending Capital
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5y ago
If you are dealing in today's financial market you know how the lending capitals are helpful. They operate the liquidity of any business, organization, and other government entities. The plants and equipment are the compulsory assets that a company has fixed. The working capital can be considered a part of the operating capitals. The proper amount is found out by calculating the current assets by deducting the current liabilities. What Is Lending Capital?This can also be characterized as a type of loan. The capital is generally granted to the business making professionals. They help in meeting ..read more
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The Process of Car Repossession - Understand It So It Doesn't Happen to You
Financial Hunt
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5y ago
In a perfect world, things would always go as they should.Sometimes that's just not the case.If you've found yourself in a bind or on the verge of falling behind on your payments. The best thing to do is to contact your credit card, mortgage or auto loan companies and explain your situation. Take actionIf you have a car loan, you understand the importance of paying your loan on time. If you cannot make your payments on the exact due date.You are granted a 30-day grace period to make a payment without having this late reported to the credit bureaus.If you don't think you'll be able to make a pa ..read more
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All You Need to Know About 2 Wheeler Loan Finance
Financial Hunt
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5y ago
With the growing demand in semi-urban and rural areas, 2 wheeler industry is a high growth sector. The industry is estimated to be Rs.6, 000-Rs.7, 000 crore in size. This means there is abundant opportunity for 2 wheeler finance companies. There was limited awareness about financing for a 2 wheeler in the olden days but with the increasing penetration of financial institutions across the country, it has become possible to obtain 2 wheeler finance quickly and conveniently.Getting 2 wheeler loan finance has become easy. The eligibility criteria, documentation requirement, and the process have be ..read more
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