Intermediate

Things to know before building a portfolio for long-term wealth creation

1 minute

In today's fast-paced world, filled with constant distractions and demands, the concept of mindful living has gained significant attention. Mindfulness, rooted in ancient practices, has become a beacon of solace for individuals seeking balance and peace amidst the chaos of modern life. This article delves into the essence of mindful living, exploring its benefits, techniques, and the transformative impact it can have on one's overall well-being.

Things to know before building a portfolio for long-term wealth creation

4 minutes

In an investing journey, it’s important to clearly understand the risks of investing, product suitability and have a well-set investment objective. However, many of us are guilty of ignoring basic ground rules of financial planning and end up with poor investing experience. Therefore, it is important to understand the prerequisites of building a portfolio for long-term wealth creation. 

Tax Deducted at Source: What Is TDS and Why Is It Important?

4 minutes

TDS stands for Tax Deducted at Source. As the name suggests, this tax is deducted by the income payer (deductor) while making a payment to the deductee. Such taxes are taken from the total amount payable by the payer and deposited with the Income Tax Department. The person paying the income and deducting the TDS is called the deductor, while the person receiving the income and on whose behalf the tax has been deducted is called the deductee.