My Finopedia

Myfinopedia informs its users to decide which alternative is appropriate for them as per their understanding of the markets after getting clear pictures of the intricacies involved.

GST Council Impose 28% GST Tax on Online Gaming

The GST Council Impose 28% GST Tax on Online Gaming, Horse Racing and Casinos

Recently in the GST Council Meet in New Delhi, a 28% hike on online gaming and horse racing, and casinos were introduced in full volume. Partner of N.A Shah Associates said, “GST of 28% on the full value of bets on online gaming, horse racing and casino will be a major damper in the gaming …

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Sensex and Nifty Today

Today’s Stocks Market Updates (12 July 2023)

VALUATIONS SENSEX PE Ratio 24.23 NIFTY PE Ratio 22.58 Source: NSE and BSE BSE SENSEX 65393.90 -223.94 -0.34% NIFTY 50 19384.30 -55.10 -0.28% NIFTY Bank 44639.40 -105.70 -0.24% BSE MID CAP 29288.66 138.91 0.48% BSE SMALL CAP 33502.21 190.06 0.57% GOLD (Rs./ 10 gm) 58,761.00 -12.00 -0.02% SILVER (Rs./kg) 71,358.00 +241.00 +0.34% USD/INR 82.28 -0.13 …

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Objectives of Financial Planning

What are the Objectives of Financial Planning?

Financial planning is the way of determining & estimating the structured plan to save and create money to build wealth over time. It means to make sure that your investment, resources, and funds are secured and risk-free for utilisation in future. In this article, let’s see what the financial objectives that an individual considers before …

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Sensex and Nifty Today

Today’s Stocks Market Updates (11 July 2023)

VALUATIONS SENSEX PE Ratio 24.31 NIFTY PE Ratio 22.65 Source: NSE and BSE BSE SENSEX 65617.84 +273.67 +0.42% NIFTY 50 19439.40 +83.50 +0.43% NIFTY Bank 44745.10 -115.70 -0.26% BSE MID CAP 29149.75 +281.08 +0.97% BSE SMALL CAP 33312.15 +270.09 +0.82% GOLD (Rs./ 10 gm) 58,778.00 +89.00 +0.15% SILVER (Rs./kg) 71,171.00 -194.00 -0.27% USD/INR 82.42 -0.19 …

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Top 10 Things to Consider Before You Invest

What to Consider Before You Invest?

Whether you’re a new or long-term wizard in the investment world, things may get shattered if you don’t take the right approach for every investment opportunity. As Warren Buffett said, “Risk comes from not knowing what you’re doing.” So, here are top 10 ways you can prevent any risks while taking any investment decisions to …

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Sensex and Nifty Today

Today’s Stocks Market Updates (10 July 2023)

VALUATIONS SENSEX PE Ratio 24.15 NIFTY PE Ratio 22.55 Source: NSE and BSE BSE SENSEX 65344.17 +63.72 +0.10% NIFTY 50 19355.90 +24.10 +0.12% NIFTY Bank 44860.80 -64.20 -0.14% BSE MID CAP 28868.67 -130.35 -0.45% BSE SMALL CAP 33042.06 -87.35 -0.26% GOLD (Rs./ 10 gm) 58,617.00 -165.00 -0.28% SILVER (Rs./kg) 71,065.00 -245.00 -0.34% USD/INR 82.61 -0.14 …

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Difference between Debt and Equity Fund

Difference between Debt and Equity Fund

Mutual funds have a range of classifications. One of the most discussed funds are equity and debt funds. Equity funds are often associated with securities, bonds or shares, whereas debt funds comprises of corporate deposits, government bonds , treasury bills, etc. Equity funds may have potential risks while higher in returns compared to debt funds …

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401(k) Plan

401(k) Plan: A Comprehensive Guide to Retirement Savings

If you’re an employee working in America, you can take the incentive of the employee’s retirement savings plan. It was introduced in 1978 with the name of the provision of the Revenue Act, 1978.  In this act, if an employee serves under a company, he will get a particular percentage of his paycheck deducted for …

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Sensex and Nifty Today

Today’s Stocks Market Updates (07 July 2023)

VALUATIONS SENSEX PE Ratio 24.02 NIFTY PE Ratio 22.52 Source: NSE and BSE BSE SENSEX 65280.45 -505.19 -0.77% NIFTY 50 19331.80 -165.50 -0.85% NIFTY Bank 44925.00 -414.90 -0.92% BSE MID CAP 28999.02 -223.20 -0.76% BSE SMALL CAP 33129.41 -94.68 -0.28% GOLD (Rs./ 10 gm) 58,780.00 +379.00 +0.65% SILVER (Rs./kg) 71,146.00 +822.00 +1.17% USD/INR 82.68 +0.22 …

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Corporate Venture Capital

CVC- Corporate Venture Capital: All You Need to Know!

Corporate Venture Capital or CVC is a well-known concept in the investment world. It refers to a type of venture capital that involves a corporation investing in a Startup or early-stage company that has long-term potential. CVC has become extremely popular as a means to stay comparative in different market industries. It is a strategic …

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