Are You Managing Your Taxes Right? Quick Steps to Do It.
Tax Club

Are You Managing Your Taxes Right? Quick Steps to Do It.

Human life is a mixture of contradictions. Let's think about salaried individuals for a moment. Making less money can be a bummer, but we grumble about taxes when we receive a raise. 😅

Continue Reading about 2 months ago
NRI remittances: Why You Must Choose NRI Savings Accounts?
Your Money

NRI remittances: Why You Must Choose NRI Savings Accounts?

Around $112.6 billion (about ₹9,34,580 crore) was sent by inward foreign remittance in 2023, a solid 26% rise from the past five years. This inward remittance helps fatten up the foreign exchange reserves, hence boosting the nation’s economy.

Continue Reading about 2 months ago
Pay 0 Tax with an Income of upto ₹12 Lakh
Your Money

Pay 0 Tax with an Income of upto ₹12 Lakh

Direct tax collections show a 19% increase, hitting ₹14.70 lakh crore by 11 January 2024. This achievement represents 81% of the fiscal year 2023-24 target, as reported by the Central Board of Direct Taxes (CBDT).

Continue Reading about 3 months ago
How will Budget 2024 Affect your Finances?
Macro Moves

How will Budget 2024 Affect your Finances?

The countdown for the announcement of the Union Budget for 2024-25 has begun. 1 February 2024 will be the day when Finance Minister Nirmala Sitharaman will unveil India's next financial chapter.

Continue Reading about 3 months ago
Best Ways to Avoid Bad Stocks
Stock Market

Best Ways to Avoid Bad Stocks

Do you know what’s the most crucial trick to ensure the selection of the “right stocks”? It’s the creation of a stock analysing method. But, before analysing a company’s financials, it’s essential to learn how to avoid the stocks unfit for your portfolio.

Continue Reading about 3 months ago
Exploring the Weightage of Different Factors in CIBIL Score Calculation
Your Money

Exploring the Weightage of Different Factors in CIBIL Score Calculation

In India, your financial health is often represented by a three-digit number known as your CIBIL score. The Credit Information Bureau (India) Limited, commonly referred to as CIBIL, is one of the leading credit bureaus in the country responsible for generating these scores. Your CIBIL score is a critical factor that lenders, banks, and financial institutions use to assess your creditworthiness when you apply for loans, credit cards, or any other form of credit. It's essential to understand how a CIBIL score is calculated and what factors contribute to it.

Continue Reading about 5 months ago
How to Get Your Insurance Claim Approved, Even If It
Your Money

How to Get Your Insurance Claim Approved, Even If It's Been Rejected

Life is unpredictable, and it comes with a custom-made clock, tick-tocking the minutes and seconds until things take a turn for the worse. The minus point of this ever-present clock is that it is invisible, and no one can hear the countdown. ⏰

Continue Reading about 6 months ago
National Pension Scheme (NPS): Easy Retirement Planning
Your Money

National Pension Scheme (NPS): Easy Retirement Planning

Breezy air flowing through my hair and sweet orange juice in hand while vacationing in an exotic foreign location- that is my vision of a perfect retirement. 🍹 We all have something planned for what we would like to do in our retirement years. Many think of buying a gorgeous house, while others, like me, wish to explore the different corners of the world. Retirement for Indians typically begins at age 58 or 60 but can vary depending upon the goals of individuals.

Continue Reading about 6 months ago
Voluntary Retirement Scheme (VRS): Is it Gateway to Relaxation?
Your Money

Voluntary Retirement Scheme (VRS): Is it Gateway to Relaxation?

When I was working with UTI, I used to wait for public holidays so that I could stay at home. My father-in-law would joke, saying I should opt for VRS. I was just beginning my career and would wonder what VRS was. Soon, VRS became common in most public sector undertakings, with even my sister-in-law, who was working with Indian Oil, opting for it.

Continue Reading about 1 years ago
HRA: Exemption, Deduction, Calculation and more.
Tax Club

HRA: Exemption, Deduction, Calculation and more.

I feel like a child whose mother has made a delicious chocolate cake, and as soon as the child is about to gorge on it, all the other siblings start putting their spoons in it. In the end, the child is left with a few slices. 

Continue Reading about 1 years ago
What is Gratuity? And how to calculate It?
Finance

What is Gratuity? And how to calculate It?

The job market has witnessed a shift from being employer-oriented to employee-oriented. This means, previously, the employer had the upper hand in deciding all aspects of employment, including salary, work culture, perks, working hours etc. The employee had to give in.

Continue Reading about 3 years ago