When making long-term investments, it is essential to choose diversified schemes. Before investing in mutual funds, it is crucial to take precautions and consider the potential consequences of your investment choices. Returns result from making our hard-earned money work hard for us. Diversified schemes are the best choice for long-term investments. It’s essential to consider … Read more
In India, income above a certain threshold is subject to tax. The Income Tax Act of 1961 states that tax rates vary based on income slabs. However, there are ways to save tax. Some types of income are not taxed, some can be refunded through claims, and some may be eligible for tax exemption. Many … Read more
Banks have introduced a new feature called UPI Interoperable Cash Deposit (UPI-ICD) to facilitate cash deposits at ATMs. With UPI-ICD, you can deposit cash into any bank account using any app. Although this feature is currently available at select ATMs of banks like Axis Bank and Union Bank of India, more banks are expected to … Read more
Short-term health insurance, also known as term medical insurance, provides temporary coverage for individuals who need immediate coverage in addition to standard long-term health insurance policies. It is also a relief for those who cannot afford comprehensive coverage, such as employees and unemployed individuals waiting for company group insurance. Key points about short-term health insurance: … Read more
Escalating electricity costs are a significant concern, particularly for middle-class individuals. The government has introduced a scheme to relieve this financial burden. To address this issue, the central government has introduced a new scheme called ‘PM Surya Ghar: Muft Bijli Yojana.’ This scheme offers the benefit of free electricity and presents an opportunity to generate … Read more
In India, even though the retirement age is 60, many individuals are choosing to retire early, a trend that is becoming increasingly popular, especially among the youth. Some people begin contemplating retirement as early as the age of 30, often due to reasons such as job-related stress and lack of interest. However, retiring at such … Read more
Marriage is significant in Indian culture, emphasizing the importance of a happy relationship between husband and wife. Financial stability is crucial for a happy married life. By following financial principles together, couples can save a considerable amount of money, potentially up to Rs. 7 lakhs in tax savings. Shared financial goals and mutual support are … Read more
Booking Tirumala Tirupati Srivari Arjitha Sevas has never been easier with TTD Seva Online Booking. Now, pilgrims can reserve their darshan and seva services without the hassle of long queues, all from the comfort of their homes. TTD Seva Online Booking allows devotees to book darshan, seva, and accommodation services at Tirumala Tirupati Devasthanams (TTD) … Read more
Booking your TTD Free Darshan online has never been more convenient. With the introduction of an online booking system, devotees can now reserve their darshan slot and avoid the hassle of long queues. The Tirumala Tirupati Devasthanam (TTD), located in Andhra Pradesh, India, is among the most popular pilgrimage sites globally, attracting millions of devotees … Read more
Are you an NPS CPS employee looking to save on taxes? You can claim an additional tax benefit of Rs. 50,000 under Section 80CCD(2) of the Income Tax Act. This benefit is exclusively available to NPS CPS employees who contribute to the National Pension System (NPS). NPS CPS stands for National Pension System—Central Government Employees. … Read more