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Maximise Your Tax Deductions Under Section 80D

Category : Tax

Poonawalla Fincorp Team • Jan 30, 2024 • 550 views

Understanding the tax deductions can help you save a significant amount of your hard-earned money. According to Section 80D, you can claim tax deductions on money spent on health insurance premiums in a financial year. This blog will provide an outline of the tax deductions under Section 80D and all the other necessary information you need to know.

thumbnail image list of best places to celebrate holi in india
7 Best Places to Celebrate Holi 2024 in India

Category : Personal Loan

Poonawalla Fincorp Team • Jan 30, 2024 • 784 views

Holi – the festival that consists of more colours than a rainbow – is celebrated in various parts of India in different ways. It’s a time when India is painted in gulaal (Holi colours), showered with flowers, and treated with sweets. Visit any State and explore its culture – because Holi haiii! This blog lists out the 6 best places to celebrate Holi in India in 2024. Read on!

thumbnail image what are the various tax saving options under section 80c
A Guide to Tax-Saving Options Under Section 80C

Category : Tax

Poonawalla Fincorp Team • Jan 30, 2024 • 494 views

The Income Tax department allows several deductions from your taxable income under Chapter VI A of the IT Act. Among all these provisions, Section 80C creates room for up to Rs. 1.5 Lakh deduction from every taxpayer’s annual income. In this blog, you will learn about the top investment options that enable tax savings through Section 80C.

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Importance and Impact of Yearly Union Budget

Category : Tax

Poonawalla Fincorp Team • Jan 30, 2024 • 505 views

According to the Constitution of Indias Article 112, presenting a budget at the Parliament is mandatory before starting a financial year. Popularly known as the Union Budget, it is issued for the upcoming fiscal year, usually in the first week of February. The Union Budget for FY 2024-25 will be presented on 1st February 2024 and will highlight how some of the key sectors in India will be impacted by it.

Time to buy a second hand car
The Best Time to Buy a Used Car

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 26, 2024 • 639 views

Car prices are rising each year as the automobile industry evolves rapidly. But, despite higher prices, a considerable number of newer car models are entering the used market, offering good deals for buyers without draining their wallets.

Future of electric vehicles
The Future of Electric Vehicles in India: Opportunities and Challenges

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 25, 2024 • 566 views

India stands out as one of the largest merging markets for electric vehicles (EVs) globally. In recent years, the nation has undertaken a renewed commitment to diminish its reliance on fossil fuels and traditional energy sources.

thumbnail image what is kyc meaning types and importance
Understanding KYC: Definition, Types, and Significance

Category : Financial Insights

Poonawalla Fincorp Team • Jan 24, 2024 • 916 views

When dealing with any kind of financial transaction, whether online or offline, you must have come across the term ‘KYC’. But what is KYC and why is it important when opening a savings account or applying for credit? Keep reading to find out!

thumbnail image factors that will not affect cibil score
6 Factors That Will Not Affect Your CIBIL Score

Category : CIBIL Score

Poonawalla Fincorp Team • Jan 24, 2024 • 505 views

The struggle to identify the factors affecting the CIBIL score and devise a strategy to improve your score is real. Since it is a common problem for many, over the years numerous myths have developed regarding these factors that borrowers consider true.

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What is the Difference Between Debt Consolidation and Debt Settlement?

Category : Financial Insights

Poonawalla Fincorp Team • Jan 24, 2024 • 528 views

Are you feeling overwhelmed by a mountain of debt? You are not alone! Millions of people face the burden of debt, and navigating through the available options of debt management can be confusing.

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Why is Your CIBIL Score Important During Retirement?

Category : CIBIL Score

Poonawalla Fincorp Team • Jan 24, 2024 • 492 views

As individuals approach the golden years of leisure post-retirement, financial considerations and the significance of a high CIBIL score take centre stage. The transition from a regular income to reliance on savings and, if necessary, borrowing, underscores the importance of CIBIL score and maintaining a strong credit profile.

thumbnail image top reasons for loan rejection with good cibil score
Top 8 Reasons for Loan Rejection with Good CIBIL Score

Category : CIBIL Score

Poonawalla Fincorp Team • Jan 24, 2024 • 527 views

Loan can be a lifesaver when financial emergencies arrive, but sometimes, loan approval procedures can get tricky. In several cases, loan applications get rejected even after having a good CIBIL score.

thumbnail image how to borrow a loan against your home
How to Borrow A Loan Against Your Home?

Category : Loan Against Property

Poonawalla Fincorp Team • Jan 19, 2024 • 569 views

Unlocking your home’s real value with a loan against home can turn out to be a great financial strategy to meet personal or business needs. The maximum loan-to-value (LTV) ratio for a loan against your home is 80% of its value.

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