Union Budget 2025: FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be simpler with a special focus on the middle class.
Single-day falls in equity market values are sharper than single-day gains
Credit cards can either be a stepping stone or a stumbling block on your financial journey.
By maintaining a good credit score, preparing documents in advance, and choosing the right lender, you can significantly boost your chances of approval.
Cashback cards are great for those who prefer straightforward savings on everyday purchases, while reward cards appeal to those who enjoy travel and premium perks.
Managing multiple credit cards can offer benefits like enhanced purchasing power, better rewards, and improved credit scores.
Gilt funds are a safe and reliable option for short-term investments, offering stable returns with no credit risk as they invest in government securities. They’re perfect for those seeking alternatives to fixed deposits or looking to park funds temporarily.
As Diwali approaches, are you ready for those exciting gifts and bonuses? But wait – did you know they could be taxable? In this video, we break down the tax rules on Diwali perks and share expert tips to help you avoid paying unnecessary taxes. From exemptions to smart strategies, we’ve got you covered. Stay tuned and celebrate smarter this Diwali!
#Diwali2024 #TaxTips #FinancialPlanning
Bank locker charges vary based on the bank, locker size, and location. Additionally, banks may require a security deposit or fixed deposit as collateral and impose penalties for late payments or exceeding the allowed number of visits. It's essential to compare rates and terms before renting a locker.
Sectoral funds have become fads; know that they fare well in certain periods when the cycle is to their advantage but may struggle during downcycles in the sector
A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the liability protection of a corporation. It’s an ideal option for businesses looking for a streamlined approach to managing operations while safeguarding partners’ personal assets.
Linking Aadhaar with UAN prevents duplicate accounts and allows online PF withdrawals without employer verification, making the process convenient and hassle-free.
Let good sense prevail over market frenzy and hype
Relying on digital banking, although convenient, can be fraught with risks. With so many rules to remember, we often tend to slack off with basic hygiene of safe online usage. It’s simple, really: Choose strong passwords, change them often, never use public WiFIs, and never click suspicious links.
Facing unexpected expenses can be stressful, but having an emergency fund can make it a lot easier. A straightforward guide to help you get started.
Ahead of Budget presentation on July 23, it has been reported that FM Sitharaman could be considering introducing tax relief measures in a bid to stimulate consumption. But how much can the Finance Minister accommodate and what will it cost the government to do so? Stacy Pereira chats with Preeti Kulkarni on what we could expect on the personal income tax front in the full Budget 2024.
Bank holidays in July 2024 offer a mix of regional and national holidays across India, providing a break for employees and an opportunity to plan activities. These holidays vary by state, including significant religious and cultural events.
Volatility is not a risk, but your behaviour in response to volatility will make or break your portfolio
The writing is on the wall, demand for natural diamonds is coming down dramatically
The Insurance Regulatory and Development Authority of India (IRDAI) has made it mandatory for insurers to issue fresh policies digitally. This would ensure easier access to policies and make keeping track of policies across companies and segments simpler.
ICICI Prudential MF said it is temporarily suspending fresh subscriptions in the schemes because midcap and smallcap stocks have relatively outperformed the large-caps resulting into high valuations.
Reintroducing claim-based loading under a new name – cohort-based pricing – will be detrimental to the interests of policyholders. In effect, it will penalise policyholders who make claims, defeating the very purpose of buying health insurance.
Separate tax deduction for life insurance premiums under section 80C is also on the wishlist, given the section is "overcrowded" with tax avenues.
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We've researched and identified the best gold IRA companies to help you. Investing in gold is a good way to diversify your retirement savings.
