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 […]
The Quant mutual fund – SEBI saga
July 12, 2024
The retailer’s favourite Quant mutual fund is accused of ‘front running’ by SEBI. Unleash the whole saga in this article. The Indian mutual fund industry has recently hit the mark of ₹ 58,59,951 crore assets under management (AUM) in May 2024. Retail investors like the idea of small and safe regular investments in diverse instruments […]
Economic blueprint: The significance of government balance sheet
July 11, 2024
The financial health of any nation is vital in today’s complex economic system. Similarly to companies that depend on balance sheets to evaluate their financial stability, governments employ balance sheets to summarise their economic situations and direct policy moving forward. However, what composes a government’s balance sheet, and why does it matter? Consider a financial […]
A digital payments intel platform: RBI’s cyber shield
June 29, 2024
India’s financial fortress is here! RBI’s Intelligence Platform is the new era of secure payments. Get all the insights on India’s financial evolution. In a time when making digital payments is as routine as breathing, the threat of cyber fraud casts a shadow, posing a serious risk to the foundation of our financial well-being. Enter […]
