Startups in joy: Angel tax abolished!
Budget 2024-25 proposes the abolition of angel tax. Learn more about it now! Startups in India have increased in recent years. This growth is due to factors like Make in India and Startup India. However, owing to this increase, the need for funding also increased. Startups procure funds from sources, like venture capital, business incubators, […]
Budget 2024-25: What’s for salaried people?
The taxation for salaried people has eased and also restricted in budget 2024-25. Curious about how? Read this blog for more information. The Union Budget 2024-25 in India is a crucial event every year. People are eagerly looking forward to it with aspirations. This one event dominates the income, taxation, investing and overall finance game […]
Budget 2024 may affect your mutual funds!
The union budget 2024-25 is out and may affect your mutual fund investments. Read this blog to understand the impact in detail. India is a bright star in the world economy and has been growing at nearly 8% for the past two years. Amidst global tensions like war, climate crisis, economic slowdown, etc, our country […]
Master wealth with 100-age rule
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?
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
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 […]
