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Overall, a lackluster budget for the economy but no shocks! The middle class can celebrate a bit with the Income Tax slabs now helping them to fight the inflation. Believe me, the inflation rate will make sure that most of the tax savings will go towards meeting higher prices.
Here are some predictions and suggestions for [...]

Most people whom I have met are confused about flat rate and reducing balance interest rate. Flat rates are usually lower than reducing balance rates and the normal human tendency is to opt for a rate that is lower because this seems to suggest that the burden on a borrower will be less. But what’s [...]

Continuous changes are taking place in the financial world. But in several of the situations there is not adequate understanding about the manner in which the changes will actually affect an individual’s finances. This is why it becomes important for an individual to read the fine print to understand the exact implications of the changes. [...]