Do I have to pay tax on intraday trading – An Analysis
Tax on intraday trading in India is not as complicated as it may sound. In this article, we are going to explain the basics of how income tax applies to intraday trading profit in India. To make this easier to understand we have added some examples too. To begin with there are two terms […]
Is investing in debt-free companies a good idea?
Companies in India that had no or little debt have managed to stay clear of the hit India had faced within the last few years over its economics. Some of the reasons for the hit were the spike in interest rates and the others are the rise in input costs. Therefore there has been a […]
5 Best student credit travel cards
A forex card is a prepaid card that can be used in foreign countries to pay for your expenses or withdraw money from ATMs. They are widely accepted in most countries. Forex cards offer currency change depending on the country you are using them in. Different banks provide their forex cards with various benefits, […]
How to make money as a teenager in India?
How to make money as a teenager in India: 1. Freelancing 2. Learn graphic designing 3. Influencer and personal branding 4. Stock market investment 5. Online Teaching
How to calculate profit in intraday trading?
There are thousands of day traders executing intraday strategies to earn profits daily. Intraday trading works on the opportunities provided to the day traders on price changes for a given asset. Trading on these minor price changes on a day-to-day basis is called intraday trading. As these changes are very minor and also because they […]
What is Scalp trading? How does it work?
Scalp trading, also known as Scalping is a process that helps traders make profits from minor movements in prices often including small and frequent trades. The profits are made in small numbers per trade from the pip movements. It’s a trading style that traders use to buy assets at a lower price and sell […]
What is the difference between fund balance and security balance?
If you have a trading and demat account, you might have come across the message ‘Your Stock Broker Reported Your Fund Balance’ multiple times. These monthly messages are sent by NSE, BSE, and MCX with the monthly updated details of funds and securities. This is a new initiative of SEBI’s supervision. You must have wondered […]
Best Investment Plans For Senior Citizens
The best part about investing is that it’s meant for everybody. Whatever goal you have with your wealth at a younger age or post-retirement, there’s always that one plan that you can feel comfortable with. When it comes to investing as senior citizens, there are a few important factors to consider. As you’re seeking […]
Direct vs Regular Mutual Funds – A direct comparison
Mutual funds have two schemes for their plans – Direct and regular plans. Some key differences will help you to choose between the plans that are right for you. Even though both the plans have their respective benefits, you need to understand what works best for you in terms of investing in different plans and […]
Top 5 Investing advices from Rakesh Jhunjhunwala
Rakesh Jhunjunwala is one of the most successful and popular investors in India. He started earning through the stock market while he was still in college through trading with just ₹5000 in 1985 when the Bombay Stock Exchange Index was at 150. After completing graduation, he pursued Chartered Accountancy. He’s a billionaire today, having […]