The Vibe Journal: Finance Blogs

An income tax notice simply means the department wants to double-check something in your tax filing. It’s quite common, so there’s no need to stress. You just need to understand what it’s about and reply on time. Read on to understand the main income tax notices for salaried individuals, why they’re issued and how to …

SIPs have become one of the most popular investment options amongst Indian investors in recent years. SIP allows investors to invest small, regular amounts in mutual funds or other financial instruments. With an SIP, you can reap the benefits of rupee cost averaging and the power of compounding over time. Let’s understand how SIP works …

Starting your investment journey early can give you a solid head start. As a young professional, you have one big advantage – time. Since you’re at the beginning of your career, you also have a higher risk tolerance. That means you can take slightly bolder investment decisions because you have the time to hedge against …

A mutual fund is a means by which individuals can pool their funds and a professional manages it. It unites like-minded investors with a common objective and invests in equities, debt instruments and other securities. The sole purpose is increasing investors’ money over time. This investment avenue has really caught up in the last few …

There’s no doubt about the credibility of mutual funds, they are one of the smartest and easiest ways to grow wealth. But simply investing and waiting for decades isn’t enough. If you want to maximise your returns, you need to analyse mutual fund performance regularly. Just doing this every few months can keep you ahead …

Your bank and account number is necessary for controlling your funds. Whether it is receiving your salary, making payments or conducting transactions. But, how to find account number when you don’t remember it can be tricky for most people.   Bank Account Number of Digits  The number of digits in a bank account number varies depending …

An mPIN, or Mobile Personal Identification Number, is a 4 or 6-digit code that verifies your identity and keeps your digital payments safe. It works like an ATM PIN for your phone, allowing you to confirm transactions without entering full bank details. With UPI and mobile banking becoming the new norm, it’s important to keep …

If you’ve ever invested in mutual funds, you’ve probably come across terms like CAGR, absolute returns and XIRR. While CAGR works well for lump sum investments, things get trickier when you invest through SIPs or make multiple withdrawals. That’s where XIRR (Extended Internal Rate of Return) comes in! Read on to understand XIRR meaning in …

An ATM withdrawal limit is the maximum amount of cash you can withdraw from an ATM on any given day. Banks generally impose these limits to protect your funds. This threshold limit will keep losses to a minimum if your card gets lost or stolen. Naturally, each bank has its own per day ATM withdrawal …

Running a business requires a steady flow of funds. Managing these rolling funds can be challenging. And trying to sort out your business’s short-term financing options can seem cumbersome at times. You might lean towards options like overdraft and cash credit for help. Both can help smooth out your cash flow when expenses come up, …