What is Capital Gains Tax?
Capital Gains Tax (CGT) is a tax you pay on the profit you make when you sell an asset, such as real estate, stocks, or other investments. The tax is only applied to the gain—meaning the difference between what you
Investment Strategies for Building the Retirement Corpus
The retirement corpus refers to the total amount of money you need accumulated in your investment and savings accounts to retire comfortably without having to work again. It should be sufficient to sustain you throughout retirement, factoring in your life
The rupee recently dropped to an all-time low of ₹86.21 against the US dollar during the tenure of the Modi government.
The Indian rupee recently hit an all-time low of ₹86.58 against the US dollar, a significant milestone under the Modi government. This decline has raised concerns about the strength of the rupee and its potential impact on the economy, especially
Salaries Of From PM to President, CM, and Governors, know who gets how much salary
Do you know about the salary of high-ranking officials including the Chief Minister, Prime Minister, President, and Governors of India? The President of India receives a monthly salary of ₹5 lakh, which is tax-free. The Vice President is entitled to
Personal Loan: How Strong Documentation Reduces Interest Rates
When applying for a personal loan, submitting proper documents is essential for securing approval and negotiating better interest rates. Banks use your documentation to assess your financial stability and risk as a borrower. Here are five key ways strong documentation
EPFO to Allow PF Withdrawals via ATM Soon
The Employees’ Provident Fund Organisation (EPFO) plans to revolutionize fund access for its members by allowing provident fund (PF) withdrawals via ATMs. This initiative is designed to enhance convenience and provide members with faster access to their savings. Key Changes
How to Apply for PAN 2.0 Online and Receive It via Email
The Income Tax Department has launched PAN 2.0 to modernize and simplify PAN card services. Here are the key updates and processes explained in brief: Key Changes in PAN 2.0 Application Process for PAN 2.0 Validity of Existing PAN Cards
EPFO 2025 Updates: 5 Big Changes in PF Rules
The Employees’ Provident Fund Organisation (EPFO) has introduced new rules for 2025, aiming to enhance convenience, transparency, and financial flexibility for PF account holders. These updates will benefit both private and government employees. Below are the five major changes: 1.
FD or RD: What’s Right for You?
Wealth creation demands discipline and consistent efforts over time. Saving money systematically—whether through fixed deposits (FDs), recurring deposits (RDs), or other investment options like mutual funds and stocks—is key to building financial stability. FDs and RDs are among the most
SIP: Meaning, Benefits & How It Works
Understanding SIP (Systematic Investment Plan)A Systematic Investment Plan (SIP) is a disciplined method of investing in mutual funds. It allows you to invest a fixed amount regularly—weekly, monthly, or quarterly—making it accessible for wealth creation. SIPs help achieve financial goals