The 5 heads of income: What every taxpayer should know
File your taxes with confidence! Understand how your income is classified with this guide to the five heads of income. Uncertain as to where your income fits? Salary? Other sources? House property? Or otherwise? Knowing the different heads of income is crucial to filing tax returns in India. The Income Tax Act divides income into […]
Understanding ITR: Importance, types, and deadlines
Filing your ITR is not just a responsibility; it is an opportunity! Know how filing ITR can benefit you. Tax return time can be confusing! You might wonder, “Do I even need to file if I don’t make that much?” Filing your income tax return or ITR is a crucial aspect of being a responsible […]
Understanding the basics of taxation: A beginner’s guide
Taxes don’t have to be scary! This basics of taxation guide breaks down key concepts for stress-free filing. In FY24 – India earned about $235 billion from income taxes (including corporate and personal taxes), an increase of 17.7%, reflecting an increased income. But with one of the most complex tax systems in the Asia Pacific […]
Insights for debt fund investors post RBI MPC policy
RBI MPC opted to hold the repo rate at 6.5%. What does this mean for debt fund investors? Let’s see. Investments in debt funds can be tricky, more so after the recent monetary policy announcement by the Reserve Bank of India (RBI). The RBI’s Monetary Policy Committee (MPC), in its sixth bi-monthly meeting dated June […]
India’s IPO market boom: Top 3 reasons for investor optimism
India’s IPO market is experiencing a resurgence fueled by strong investor confidence. Let’s see the three key factors! India’s IPO market has been on a robust trajectory, helping to fuel renewed investor confidence. Following a 65% jump in the number of listings in 2023, it is expected that the strong momentum in India’s IPO space […]
How to invest in mutual funds without a PAN-Aadhaar link
Worried about an inoperative PAN affecting your mutual fund investments? Find out about the recent SEBI guidelines. If you’ve been unable to invest in mutual funds due to an inoperative PAN, you are not alone. An astonishing 1.3 crore mutual fund accounts were on hold until early May due to incomplete KYC compliance. The Securities […]
S&P Global Ratings 2024 marks India’s economic outlook from ‘stable’ to ‘positive’
Great news for India! S&P upgrades the country’s credit rating outlook, reflecting a robust economic forecast. Learn what it means and why it matters. In a significant turn of events, S&P Global Ratings has revised India’s economic outlook from ‘stable’ to ‘positive’, attributing this change to robust growth and enhanced quality of government expenditure. Nevertheless, […]
2024 Lok Sabha Election: Weathering Market Shocks
The 2024 Lok Sabha elections may cause market volatility. Here are 5 key investment strategies to navigate the ups and downs. Everyone is waiting for June 4—the day election results will come out with bated breath. It seems that now investors have lost calm, and fear is back. Lately, India VIX, an indicator that tracks […]
National Pension System (NPS): Basics & Benefits
Thinking about retirement already? Discover how this scheme could be your ticket to a stress-free golden age. The National Pension System (NPS) is a government initiative that aims to provide financial stability to Indians during their retirement years. It was launched in 2004, initially for government employees and later extended to the general public in […]
