Financial freedom requires planning and patience. This is the first piece of a series of posts on exploring various investment avenues. As another year comes to an end, it’s important for us to equip you with the best investment ideas. In this series of articles, we’ll discuss the different routes you can take to plan […]
Amidst tax filing season, understanding the necessity of filing a NIL income tax return can save you from potential hassles and bring financial benefits. This guide covers all you need to know about NIL ITRs, from eligibility to filing procedures. As tax season approaches, many people may wonder about the necessity of filing an income […]
Here’s a quick round-up of key taxation changes in the Union Budget 2024-25 that may impact your earnings this year. Note: Below changes will be effective for all assets sold post 23rd July 2024. LISTED ASSETS ASSET STCG Before STCG Now Holding Period Holding Period Changed? LTCG Before LTCG Now Stocks# 15% 20% 12 months […]
Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the financial system and prevent illicit activities, they are not intended to discourage legitimate transactions. Understanding which transactions might draw scrutiny can help taxpayers avoid unnecessary notices or penalties. […]
Here are a few things you may have pending as FY 21-22 ends. Read on to ensure that you wrap things up and start FY 22-23 on a good note! What a year it’s been for money. With COVID-19 still looming over us, it certainly hasn’t been easy. Lots of highs and lows across industries. […]
Selecting the right mutual fund can be a game-changer in your journey to financial growth. With thousands of options available, narrowing down the best fit for your financial goals may seem overwhelming. The key is aligning your investment choices with your objectives, risk tolerance, and timeline. Here’s how you can confidently choose the right mutual […]
Achieving financial independence is a powerful goal — one that requires strategic planning, smart investments, and consistent growth. Among the many tools available, mutual funds stand out as a versatile and accessible way to build long-term wealth. Whether you’re just starting or refining your financial strategy, here’s how to leverage mutual funds effectively to secure […]
Striking the right balance between saving for emergencies and paying off debt can be challenging. While both are essential to financial stability, understanding where to prioritize your money can help you achieve lasting financial security. Here’s how to decide what comes first. Why You Need an Emergency Fund “Life happens — be ready for it.” […]
Debt can feel overwhelming, but with the right strategies, you can tackle it efficiently and reclaim your financial freedom. By following smart repayment techniques, managing interest rates, and adopting disciplined habits, you can accelerate your debt payoff journey. Here’s how to do it. 1. Know Your Debt Inside Out “You can’t fix what you don’t […]