Introduction Navigating the complexities of the Indian tax system can be challenging, especially when it comes to finding ways to save on income tax. The government provides several deductions and exemptions to help taxpayers reduce their taxable income. However, with the introduction of the new tax regime, it is essential to understand the differences between … Read more
Introduction: Taxes play a vital role in the development and growth of a nation, funding essential services and infrastructure. India’s tax system consists of various direct and indirect taxes, each with its own set of rules and regulations. In this comprehensive guide, we’ll explore the Indian tax system, focusing on the major direct and indirect … Read more
Introduction: Young professionals in India face unique financial challenges as they embark on their careers. With an ever-changing economy and a plethora of financial decisions to make, it’s crucial to have a solid money management strategy in place. In this blog post, we’ll share the top 10 money management tips for young professionals in India … Read more
Introduction: Managing your finances effectively starts with creating a personal budget. A budget helps you track your income and expenses, prioritize your financial goals, and make better financial decisions. In this step-by-step guide, we’ll show you how to create a personal budget that works for you, setting the foundation for a successful financial future. 1. … Read more
Introduction: Managing your money wisely is the key to achieving financial success and stability. Personal finance is the process of planning and managing your financial resources, including income, expenses, investments, and savings. In this comprehensive guide, we’ll introduce you to the fundamentals of personal finance in India and share valuable tips on how to start … Read more
Public Provident Fund or PPF is a common household name in India used by Individuals when it comes to tax saving. Still, a lot of people often confuse the PPF with the PF. The Provident Fund (PF) is meant for working people and is managed by the EPFO. Whereas a PPF account can be opened … Read more
An emergency fund is one of the basic building blocks for a strong personal finance portfolio. It gives the much-needed strength and support that you can fall back on, should you face any financial emergency. Due to unprecedented job losses that we saw during and after the breakout of the Covid-19 pandemic, the concept of … Read more
Gold is gold. No other replacement for the precious metal for ages. Everyone wants to accumulate gold for future use. Are you averse to hold physical gold and looking for alternatives? Maybe digital gold is your ideal choice. Read this post to know about the Government of India’s Sovereign Gold Bond Scheme. What is Sovereign … Read more
Tax loss harvesting or tax harvesting is the process of selling stock or mutual fund units to reduce tax on capital gains. Invested in equity markets (stocks or mutual funds)? Do you know that you can save taxes on gains using tax harvesting? In this post, we will discuss the ins and outs of tax … Read more
Do you have a life insurance policy? Delayed any insurance premium payment? Want to know about the ‘grace period’ for life insurance premium payment? This blogpost has got you covered. Read on. To begin with, you have taken the right step by choosing life insurance. Be it a traditional life insurance scheme (a.k.a ‘LIC Policy’) … Read more