Your go-to for personal finance: budgeting, saving, debt management, retirement planning. Practical advice for financial well-being.
Among the plethora of investment strategies available, one approach has gained considerable traction for its ability to provide steady returns amidst market volatility: Rupee Cost Averaging. This strategy, embraced by prudent investors, offers a …
In the vast landscape of investments, one term that often echoes is “Systematic Risk.” But what does it mean, and how does it impact your ventures into the financial world? Let’s break it down …
Facing the possibility of shortfalls in retirement savings can seem daunting, but ignoring them can lead to significant setbacks in your post-retirement plans. Whether young or well-established in your career, unexpected gaps can arise, …
Navigating personal finances can be challenging, especially given our daily decisions and choices. From managing debt to planning for retirement, the financial landscape is rife with potential pitfalls that can derail even the most …
Section 80GGC of the Income Tax Act provides provisions for taxpayers to claim deductions on donations made to political parties in India. This section aims to encourage financial support to political organisations while ensuring …
Section 80GGB of the Income Tax Act provides a framework for incentivising contributions made to political parties in India. This section allows to claim deductions on donations extended to political parties to promote transparency …
Section 80GGA of the Income Tax Act provides a valuable avenue for incentivising contributions towards research and development activities in India. This section encourages individuals and entities to support scientific research, social sciences, rural …
Tax deductions are crucial in reducing taxable income and lowering tax liability. Section 80G of the Income Tax Act allows taxpayers to claim deductions for donations to specified funds and charitable institutions. Understanding the …
In contrast to traditional employees who often have access to employer-sponsored benefits such as life insurance, self-employed individuals must proactively take measures to safeguard their financial future and that of their loved ones. One …
We aim for the best in our homes, relationships, and food in our busy lives. But we sometimes need to remember about improving our health insurance, which is vital for our well-being. When considering …