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What is Credit Score A credit score is a numerical representation of your creditworthiness. It is derived from your credit history, which includes your borrowing and repayment activities. Here’s a breakdown of what the scores generally mean: Why is Your Credit Score Important? Your credit score affects various aspects of your financial life: Factors Influencing […]
What is a HUF? HUF means Hindu Undivided Family. You can save taxes by creating a family unit and pooling in assets to form a HUF. HUF is taxed separately from its members. A Hindu family can come together and form a HUF. Buddhists, Jains, and Sikhs can also form an HUF. HUF has its own
A Public Provident Fund (PPF) account in India is a popular long-term savings and investment option. PPF is a government-backed savings scheme introduced by the Ministry of Finance in India. It falls under the Small Savings Schemes and is governed by the Public Provident Fund Act, 1968. An SBI PPF Account can be opened across
SBI PPF Account – 1 of the Best way to save Income tax Read More »