80C Investments or Just ELSS is Best for Tax Saving

Section 80C of the Income Tax Act allows individuals and Hindu Undivided Families (HUFs) to claim deductions from their taxable income for certain investments and expenses. The maximum deduction allowed under Section 80C is Rs. 1.5 lakhs for the financial year 2022-23.

ELSS are managed by fund managers and hence a safe investment option for tax saving purposes. It also comes under 80C of the Income Tax Act, 1961 and you will get a tax exception of 150000 a year. And it is the only Mutual Fund scheme that is eligible for tax benefits. Investments made in ELSS have a lock-in period of 3 years. The advantage of mutual fund is that as we all know it is invested in a blanched way into the equity markets.

Features of ELSS (Equity-Linked Savings Scheme) Funds

Here are some of the features of ELSS,

  • Investment only upto 150000 comes under section 80C
  • The long-term capital gain of upto 1 lakh is tax exempt
  • The risk involved is still higher compared to a fixed deposit
  • These tax-saving investments have a lock-in period of 3 years
  • The scheme is open-ended
  • SIP is applicable for ELSS as well
Tax Saving


80C Tax Saving Investments

Under this section, you can reduce your tax liability every year. According to section 80C these investments are eligible for tax deduction

  • Public Provident Fund
  • National Savings Certificate
  • Post Office Term Deposit
  • National Pension System
  • Senior Citizen Saving Scheme
  • Tax saver Fd
  • Unit Linked Insurance Plan
  • Sukanya Samridhi Account. 
  • Employee Provident Fund
Top Industries Outperform by 2030

Top Industries that are likely to be Outperform By 2030

We are breathing in an era of fast technology; everyone is running towards something to achieve more in less time. When it comes to the world, it’s quite clear some industries are doing quality work, and there is a high chance of them to outperform by 2030. Well, it’s all about trends as the universe is going towards eccentric trending businesses, which introduce the novel products every few months to keep their consumers engaged. So, here are some of the industries that are likely to outperform by 2030.

  • Healthcare

All we know current scenario and the involvement in the medical industry towards the pandemic situation around the world. So no doubt healthcare industry going to bring new atmosphere to the generation. What if you hear there is a cure for cancer? can’t that be one of the best innovation? yes, it can be and in lot more areas the research is going on and the industry will be very valuable for people or may be different to people compared to the current systems.

  • Cryptocurrency

The business of online currencies (Bitcoin, XRP, ether, and litecoin), commonly known as a cryptocurrency, is on peak these days, and it’s growing faster than any other thing. Corporate dealers from all over the world are enthusiastically spending their money in cryptocurrency, and it seems the business is not losing its charisma any soon. As per records, the initial price of a coin in 2017 was $1000, and then it raised to $19,000. Predictors have already predicted it the one of the highly demanded industry by 2030, but heart patients should stay away from them as it’s full of risks. It is like a share market, so the degree of uncertainty is extremely high.

  • Technology

It’s among the most profitable industries in the world, and with every new update, all tech-related products are getting better than before. Spending in Technology can be the wisest decision ever because people are more dependent on gadgets than labor. The corporate sector is highly dependable on machinery, Defense sector needs the latest weapons to secure its territory, and long story short, every other field wants technology in one form or other.

  • Digital Marketing

With the boom of online businesses, digital marketing is mandatory now to create awareness about the particular brand on the internet to grab the attention of consumers. Blogging, Search Engine Optimization, Content Writing, Brochures, Advertisements, Campaigns, and much more are the essentials of Digital Marketing. It will be staying for a long time because e-business is overtaking other traditional-style businesses, and the future of digital marketing is not unsecured.

  • Real Estate

Another industry, which can never be out of fashion, is none other than real estate. It was a successful business, it is, and it will always be. 

Purchase and sale of buildings/properties always benefit the real estate industry in all ways. However, sometimes, you can face loss, too.  

  • Cosmetics

There was a time when people think of the use of makeup to look good only, but now it’s more like an art. Cosmetics play an essential role in building one’s reputation as for how someone presents him/her. Whenever you say cosmetics, one name instantly came into mind, which is South Korea, a highly obsessed country with flawless beauty. It is producing world-class products, and the popularity of its cosmetics isn’t a joke. Moreover, it’s gaining attention from all over the earth. Not only women, but men are using cosmetics and other skin care products, too.

Classified Platforms

How classified Ad platforms help Businesses to Grow? What are the Best Websites to advertise your Brand in India?

With time, techniques of marketing have changed a lot. In this modern era of technology, classified websites are getting more recognition among business entrepreneurs as compared to traditional mediums of advertisement. It has become a popular strategy of digital marketing not only in India but all over the earth, too. The reason behind it is quite easy, and that is, people are using the internet to search for products and services on a regional level.   

How Classified Ad platforms help people in boosting the sale of products?

Usually, the classified ad mediums help individuals in listing products and services for sale and purchase, and anyone can do this free of cost. However, there are some excellent options for creating a list, which is remarkably helpful in promoting your business, and you can have a plethora of perks by giving a short amount. Moreover, buyers can view your product details without registration, and it is quite convenient for both parties, to be honest. Buyers can also contact a seller directly.

What are the best Classified Ad platforms to advertise your business in India?

Here is the list of five best-classified ad platforms that can help in growing your business through advertisement in India. Check them out!

  • LetGo (OLX)

In the subcontinent, the word “baich de” is quite popular among every generation, and it’s all because of excellent marketing strategies of the website, LetGo, as known as OLX. It hosts free user-generated ads, and you can generate advertisements of any category, including personals, pets, cars, housing, jobs, furniture, makeup products, and many more. 

If you want to sell something on OLX, you can even put an image of the product, and personalize it as per your taste.

  • Facebook

Facebook Market Place is one of the best choice for showcase your second hand items and services online. There are yet some search issues with this FB feature, but still it a worth.

  • Indiamart

One of the top business promoters in India. Indiamart IPO came to Stock Market recently and it is one of the best growing paid business promotion platforms in India.

  • Quikr

One of the top-notch classified ad websites in India, Quikr has more than one million visitors on its site, and it is because of its quality system. It is best known for selling old stuff to get a better price in return. 

  • Sulekha Classifieds

Launched in 2007, Sulekha Classifieds is the best website for posting ads related to automobiles, real estate, electronics, etc. It will work great for you if you’re living in the metropolitan areas of the country, including Mumbai, Hyderabad, Pune, Kolkata, and Chennai.

  • ABIE.in

ABIE.in is new in this category, where you can sell and buy products from different categories, including Arts & Crafts, Jobs in India, Furniture, Real State, Electronics, ads related to Matrimony, Services, Automobile, and a lot more. If you’re living in India, it will help you in promoting your business effectively, so try it for sure. So start Submit-Listing for free.

  • Click In

One of the top priorities of young graduates, who are looking for jobs, Click In is a classified ad website aiming to find perfect matches for the young talent. Most probably, it is the best site for posting job relating ads, and you can do it without paying a single penny.

  • Craigslist India

One among the most popular classified ad websites in India, Craigslist is a free platform, where you can advertise your products without any difficulty, and on the site, you will have different sections devoted to various domains. The segments include housing, jobs, gigs, services, personals, community, discussion forums, and events. Even though the user interface is quite slow or outdated, however, it still has a significant influence on advertisement in the relevant market. Craigslist in India is present in over 15 cities.

  • Locanto India

Famous in metropolitan cities of the country, Locanto India is another trustworthy classified website that first came into existence in 2006, and it allows people to post unlimited ads for different countries and locations in the universe. However, community ads are most popular on this site. 

  • India Dynamics

One of the top-rated classified websites in India is none other than India Dynamics, which is best for posting ads related to jobs, and especially, IT jobs, and it first got recognition after its launch in 2006. Moreover, it works in over 20 cities of the country, and you can create and post ads for free. So, try it. 

So, these are the significant websites that encourage all the businessmen to come out and promote their businesses in India, with the best advertising strategies, and you should consider them while making any strategic plan for your company. 

Chickpeas Commodity

What is the Demand for Chana (Chickpea) Commodity, and Which Companies are Dealing with Chana?

Chickpea, popularly known as Chana, is one of the most desiring pulses in the Subcontinent. The highly essential Rabi crop is down during the time of October to November, but it harvests from February to March. India is one of the largest users of Chana, and the ruling producers are Madhya Pradesh, Karnataka, Rajasthan, Andhra Pradesh, and Uttar Pradesh. 

The Demand of Chana Commodity

Todays(06/06/2021) value of Chana Gram is 5,177 and in a down trend. But In 2021 due to unseasonsal rains, lower carry forward stocks did a good impact in the price of Chana. on 2021 April Chana price went to 5777.67 Inr.

In 2019, the subnormal growth demand of Chana and a proportionate supply of it force the market to lower the trade level. According to the statistics, Chana Gram price was at INR 4,200 to 4250 a quintal, while on the other hand, Desi Chana rate was INR 4,150 in the Indian markets. When it comes to Vishal Chana, per quintal price rate was 4,100 Indian rupees.

When we look at the Stats, we know that since the start of December 2018, the future of Chana has seen under pressure. As per the reports of the National Commodities and Derivative Exchange (NCDEX), the price level for Chana commodity fell about 6.7 percent till date.

 The reason for low price rate of Chana commodity is because the output came in higher during the last two years by producing and importing a high amount of the product. As per the records, India imported over 31 lac tonnes of the commodity in the past three years. Moreover, the supply (100 tonnes) raised more than the consumption (70-75 tonnes), which results in the fall of the Chana demand.  

Companies that are dealing with Chana (Chickpea) Commodity

India is the biggest importer of Chana, and it imports Kala Chana, Split Chana, and other types of the product from many countries like Pakistan, Australia, Myanmar, United Arab Emirates, Kenya, etc. As e-commerce is popular more across the globe, you can buy any variety of Chana from one of the largest online store, indiamart.com. Moreover, you can also buy from another accredited e-commerce website, Amazon. If you don’t want to buy from the site, then go for the Indian domestic markets, and you will get high-quality Chana from there.

What are the famous Chana Dishes in India?

In India, there is a diversity in the dishes of Chana, and people love to make different types of it with the use of local masala (Spices). Whether you like Kala Chana, Chana Dal, Chana (Chickpea) Curry, White Chana, or others that can serve with either rice or Roti (tortilla), you can find the variety of the dishes in almost every traditional restaurant of the country.

twitter impact on market

How Twitter Influences the Financial Market Worldwide?

As the world is getting more forward-looking in terms of technology, everything seems so digital now, and nobody can deny the presence of social media platforms that are changing not only human life but the impression of businesses and stock markets, too. Among them, Twitter is getting attention as the top-rated social media site, and it’s quite an exciting one.

How Twitter influences financial markets worldwide?

Twitter is a household name now, and we all know the presence of social media in our lives. The power of social platforms is increasing with each passing day. It has the potential to influence not only a common man’s life but stock markets, too. 

According to Barron’s research, they say that twitter has influences in the financial markets. They did a study on twitter and traditional media influences on the sovereign bond market and found the impact is high.

According to the report of 2013, over 66% of companies are willing to increase their social media presence because of competitiveness and the influence of them on everyday stock analytics. In the same report, you can see the leading position among social media belonged to LinkedIn (58%) and Twitter (47%). When it comes to the former one, it is for the recruitment purpose as people upload their resumes, and the company hires them as per their suitability. The latter one is influencing the stock markets because larger companies feel more pressure on them as everyone’s eyes are on their activities.

How Twitter Works?

There are different patterns of using Twitter. When it comes to large businesses, they preferably tweet more and keep their followers up-to-date with their strategies and policies so that they keep themselves in the competition, while smaller companies like to share hyperlinks and hashtags in their tweets more than anything. 

Using hashtags is an effective method to spread one’s message or a tweet to the broader audience fast so you can find any tweet with ease. However, there are many applications in the PlayStore that are providing the latest updates on stock market tweets. Do you want to know about them? Let’s find out.

Twitter Impacts the Crypto market

Some events happened on twitter created huge impact on the crypto market, Elon Musk the founder of Tesla has near 60 million followers and every tweets of him affects the crypto market significantly.

Event hough there were many factors Musk’s tweets made Bitcoin to plunge from 65000 dollars to 30000 dollars. in May 2021. Most of the investors know that there is a value for every financial instruments but these type influencing events impacts the majority of the investors very badly and some of them its a fortune to get big gap market falls or ups.

Do you like to get major tweets in single click, We FinAsst.com provide all the major tweets in single click through our page https://FinAsst.com/marketfeeds so that all the investors and traders gets the all the important tweets in a single click.