Allstages Financial Services Pvt Ltd

  Better Long-term Returns The Indian and worldwide stock markets have historically given investors excellent returns over time. One of the main advantages of stock investment is the chance to be patient and watch your money grow and multiply. Even if stock prices fluctuate on a daily basis, the stock market as a whole tends to gain value.   The stock market has historically produced the highest returns for investors, beating all other types of financial assets as well as the housing market for many years, according to an analysis of various asset classes.   Investment Gains Because they can be quickly turned into cash that has multiple purchasers at any one time, stocks are commonly characterized as liquid assets. Finding a buyer for some assets, like real estate, is more challenging when compared to other assets. However, it is considerably simpler when it comes to equities because of the high daily average volume of transactions on the NSE and BSE. It ...

  Your annual income may be reduced by taxes. In order to prevent this, tax planning is an acceptable method of minimizing your income taxes in any given financial year. It enables you to make the best use of the tax breaks, deductions, and perks provided by the government to reduce your burden.   Solving tax issues:  Planning can help you in addressing your concerns and reaching a solution if you have unpaid taxes or other tax-related problems.   Supporting your business:  Tax payments should not be one of the challenges that come with starting or maintaining a business. Small business tax preparation can help you grow your company and accumulate more resources.   Saving for retirement:  Over time, your retirement contributions may increase income, building a substantial savings account for the future. Even though retirement may seem far apart, early preparation is essential for a...

  Consider the day your child was born and you held them for the first time in your arms. You realized then that taking care of this small, joy-filled child in your arms was your responsibility. You will be raising, protecting, and developing this small individual into a dignified person. And that responsibility is surely not easy. Your primary responsibility as a parent is to safeguard your child's future, and purchasing a child insurance policy is an excellent place to start. A child insurance plan offers you the advantages of investments in addition to giving your child the safety net you would desire for them. If you haven't already protected your child's future, here are five excellent reasons why you should.   Build for the Future Education You can choose between two different kinds of child insurance plans: ·          Unit Linked Plans ·          Moneyback Plans You have the c...

  Term Insurance Plans The most common kind of life insurance is term insurance. The simplest and purest type of life insurance is widely considered to be term insurance. Term insurance is a kind of life insurance that pays a death benefit to the child if the person insured dies while the policy is in existence.   The least expensive kinds of life insurance are term policies. The high level of coverage provided at incredibly low premium rates is the most distinguishing aspect of a term insurance plan. Therefore, it is more affordable than other kinds of life insurance coverage.   Whole Life Insurance Plan This policy lasts for the duration of the insured's life, unlike other policies that expire after a set period of time. The insured person is also given the survival benefit under this policy. The policyholder within this type of insurance has the choice to partially withdraw the sum insured. The opportunity to borrow money against the coverage is also available...

Mutual fund investment can be very helpful, especially if you're seeking for a simple yet wide approach of investing. Mutual funds are easy to use and professionally managed.   A mutual fund is a type of financial vehicle that collects money from many participants and then invests it on their behalf in a variety of assets and investment alternatives. You get a particular number of units in a mutual fund when you make an investment in it. The net asset value of the mutual fund is used to divide the income the fund earns among investors (NAV).   Liquidity The possibility to redeem units at any moment is the key advantage of investing in a mutual fund for the investor. Mutual Funds, unlike Fixed Deposits, allow for flexible withdrawal, but it's important to consider things like the exit load and pre-exit penalty.   Professional Management  Investors might not have the necessary time, information, or resources to perform their own research and buy partic...

  Education is the first thing that comes in the mind of every young parent today when they think of their children. To provide the best education possible is the main goal and priority of every parent. The question is how to achieve this goal with the exponentially soaring educational expenses. Whatever be your income, with a proper plan, consistent execution and right choice of investments, there is no way that you cannot reach your financial goals, including your child’s education. Here are the five basic steps that will help you to easily achieve your child’s education goals. Have a realistic goal The first thing in any financial plan is to have a definitive goal. Know your needs and understand them to define your goal. You can dream big, but you should have realistic goals so that you can achieve them. When it comes to your children’s education the goals are simple; the primary goal is to support their graduation and the secondary goal is to support their post-graduatio...

  If you don’t earn much and you can barely pay your bills, the idea of saving money might seem laughable. When you only have RS 1000/- left at the end of the month, why even bother to try saving? Because everyone has to start somewhere, and if you work at it, your financial situation is likely to improve over time. Saving money is worth the effort. It gives you peace of mind, it gives you options, and the more you save, the easier it becomes to accumulate additional savings. Savings: The process of setting aside a portion of current income for future use, or the flow of resources accumulated in this way over a given period of time. Savings may take the form of increases in bank deposits, the purchase of securities, or increased cash holdings. The extent to which individuals save is affected by their preferences for future over-present consumption, their expectations of future income, and to some extent by the rate of interest. Reasons why saving money is important Saving is...

What is Equity Funds? Equity Funds are a specific category of mutual fund schemes that invest predominantly in equity and equity-related securities. The investment exposure can be in the form of direct investments in equity shares of domestic companies or through related derivatives with underlying equity exposure. The different types of equity funds are as discussed below Multi-Cap Fund Such equity funds may invest across different segments of market capitalisation, viz. large-cap, mid-cap, and small-cap. Large Cap Fund Such funds must invest at least 80% of their net assets in equity shares and related instruments of large-cap companies, comprising of the top 100 companies in terms of full market capitalisation. Mid Cap Fund Such funds invest at least 65% of its net assets in equity shares and related instruments of mid-cap companies, comprising of companies at rank 101 to 250 in terms of full market capitalisation. Large & Mid-Cap Fund At least 35% must be in...

Mutual fund investments were an unfamiliar form of investment to a large number of Indian investors just a couple of decades ago. But the situation today is quite different. With a steady rise in mutual fund investors in India year after year, mutual funds, today, are viewed as a simple and easy way to invest that could help build wealth. So, if you are wondering where to begin with mutual funds, here’s everything you need to know. What is a mutual fund? A mutual fund is an investment product that pools money from a group of investors to purchase different securities. However, most people regard a mutual fund as an investment avenue. In reality, you can invest in various financial securities like stocks, bonds, gold and money market instruments through an investment vehicle. When you buy a unit in a mutual fund, you own a small stake in all the investments included in the fund. Mutual funds can be an ideal investment choice given their ease of use and the advantages they offer...

  Rising populace and clinical expansion are in many cases referred to as significant medical services difficulties in India. Looking forward, these difficulties will turn out to be significantly really testing. According to an UN report, India is ready to surpass its neighbor, China, to turn into the most crowded country on the planet in the following ten years. Subsequently, these significant issues will be irksome in the short-run as well as the long run, taking everything into account. However, that is not it. Aside from these consistent obstacles, there are different issues tormenting Indian medical services too. Peruse ahead to realize top 5 medical services difficulties in India. Clinical Expenditure Unusual clinical use drives individuals into destitution's sinking sand. Once in, it is challenging to emerge from it. With depleted reserve funds and transcending advances, there is next to no that such families can do to arise out of this crisis initiated calamity. The Wo...

          What is income tax An income tax is a tax imposed on individuals or entities in respect of the income or profits earned by them.   2.    Benefits of paying income tax Visa applications If you are planning to visit countries like USA, UK or Canada, it is mandatory to provide  Income Tax Return  (ITR) of at least 2-3 years to get your Visa approved Loan approval Most big-ticket loans like  Home Loans  also require you to submit copies of your ITR. As your income is one of the most important considerations for loan approval, lenders confirm the same with the help of your ITR. ·          Income proof For self-employed professionals, like consultants, firm partners, or freelancers, the ITR receipt also functions as their proof of income.