The Vibe Journal: Finance Blogs

The indexation meaning is simple, it lets you adjust the cost of your investment based on inflation. This reduces your taxable gains when you sell a long-term asset. It was especially useful in areas like property, gold and mutual funds. But recent Budgets have changed where you can use this benefit. Read on to understand …

Gold is something that people in India really like to invest in. They buy it as jewellery, coins or bars. Some people even buy gold when they travel to countries because it is cheaper there and they can find exclusive designs. When you bring gold to India, you have to pay customs duty, GST and other taxes. One should know about these …

With the Reserve Bank of India changing its policy, knowing the difference between base rate and MCLR is important when you are planning to take a loan. Since July 2010, the base rate structure has been in use. As per its provisions, banks had to update the rates for loans and deposits every quarter.  However, …

Highlight: Find what the MCLR rate is and how it can impact various loans. Know how MCLR impacts your best personal loans if they show changes in interest rates. The MCLR or the Marginal Cost of Funds based Lending Rate system owes its introduction to the RBI or the Reserve Bank of India.  Launched in …

Direct tax and indirect tax are the two primary categories of taxes that the Government of India levies. They are the main sources of revenue for the government, which plays a crucial role in funding public services and infrastructure development. You need to pay these taxes on whatever you earn or whenever you purchase a …

Choosing payment gateway vs payment processor options depends on your business size and payment options to the customers. In this digital day and age, you can easily choose from cash, cheque, credit card, debit card or bank transaction options. This allows you to make secure payments with the method you are comfortable with. Since digital …

By getting a personal loan for making a home loan deposit, you can book your dream house even if you have budget restrictions. When you plan on buying property, it is a big commitment that brings in other expenses. In such cases, using your entire savings just to make the initial down payment can be …

The spine surgery cost in India starts from ₹1.4 lakhs, going up to ₹5 lakhs, depending on your diagnosis. This can be for a variety of ailments, including the following: In addition, the cost of surgery, patient care and medicare can add to your financial burden. In some cases, you may require urgent additional funds …

Air Conditioners (ACs) are essential to stay comfortable during hot weather. Whether shopping online or offline, looking at the AC price list is the first step for many buyers. While reviewing the cost of an electronic item is crucial, comparing their features and efficiency is also necessary to get your money’s worth.  To choose an …

Ever wondered what’s an IFSC code? Well, it’s a special code used to identify a bank branch. Every bank branch has its own unique IFSC code. When you send money online, you need this code along with the person’s account number, name and bank branch. It helps make sure your money goes to the right …