New asset class proposal by SEBI!
August 3, 2024
SEBI has proposed a new asset class with mixed features of MFs and PMS. Read the blog to know more. India is home to nearly 18 crore registered investors, as of July 29, 2024. There are different investor classes based on exposure, investments, frequency, etc. However, human wants are unlimited. So, investors usually seek better […]
Master wealth with 100-age rule
August 2, 2024
Struggling to balance risk and reward in your portfolio? Discover an easy starting point for asset allocation that could make investing simpler. The “100-age rule” is a well-known guideline among financial planners and advisors. This concept has sparked various opinions over the years. Wondering how your age might influence your financial decisions? Curious about the […]
Need a tax plan for ₹15 lakhs salary?
August 2, 2024
Earning over ₹15 lakhs? Want to know how to reduce your tax burden with strategic planning? Read more! Earning over ₹15 lakhs annually? That’s a significant milestone, but it also brings considerable financial obligations. A proper tax plan for ₹15 lakhs salary is essential to keep your tax burden manageable. The Indian tax system can […]
The 5 heads of income: What every taxpayer should know
July 28, 2024
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
July 27, 2024
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
July 25, 2024
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 […]
Investing scams survival guide
July 20, 2024
Scammers use guaranteed high returns, unsolicited messages, trust-building, pressure tactics, and requests for personal information. Dive in to know more and safeguard your investments. Nowadays, WhatsApp and Telegram are commonly used tools for communication that join millions of people with a few touches. By April 2024, WhatsApp Messenger had recorded two billion regular users. However, […]
Wealth unleashed: Long-term mutual funds
July 19, 2024
Long-term investments in mutual funds offer several advantages ranging from compounding returns to reduced market volatility impact. Dive in to learn more! Mutual funds have become a dominant feature within the Indian financial space as depicted by their assets under management (AUM) as an indication of growth and investor confidence. By the end of May […]
On track for growth: The unstoppable rise of railway stocks
July 18, 2024
The Indian railway sector presents a promising opportunity to participate in India’s growth story. Dive in to learn more! The Indian economy sees the Indian railway system as its backbone. Fourth largest in the world, after China, the United States and Russia, the Indian railways cover practically every part of India with thousands of kilometres. […]
Budget 2024 Expectations: India’s Wishlist
July 15, 2024
The interim budget gave us a teaser, but what comprehensive strategies and reforms can we expect from the Union Budget 2024 to boost various sectors? As India is getting ready for the upcoming budget, excitement is in the air. This budget will be the first comprehensive one from the newly re-elected government, marking a pivotal […]
