Economy

By breaking down expenses into easily understandable categories, it becomes easier to manage your income and achieve financial security Many of us often tend to overspend, as we are unable to differentiate between our real needs and non-priority items. This habit eventually leads to high credit card bills or increasing debt. Such impulsive behavior is one of the key reasons …

While there can be short-term benefits, a falling rupee will largely have negative consequences in the long run The value of Indian Rupee, as compared to the US dollar, has fallen significantly in recent times. The valuation of Indian Rupee has hit a new low of Rs 86.50. While other Asian currencies have also witnessed a slide, the impact is …

In the world of digital transactions, it is surprising that hackers are still able to hide their illegally-earned money We often get to hear news stories about hackers targeting individuals or organizations and stealing their money. It can be done via methods such as gaining unauthorized access to bank accounts or demanding ransom. While such tricks are themselves surprising, what …

With the new tax slabs announced, salaried individuals with Rs 15 lakh per annum income can save up to Rs 32,500 The 2025 Union Budget has brought cheer for the middle class, as the tax slabs for salaried individuals have been revised. Let us compare the old tax slab vs. the new tax slab to understand how much tax will …

In addition to benefiting central government employees, the 8th Pay Commission is expected to spur consumer spending Just before the Union Budget is presented, the government has approved the 8th Pay Commission. It is set to benefit nearly 5 million (50 lakh) central government employees and approximately 6.5 million (65 lakh) pensioners across all ranks. Let us take a look …

LIC’s Bima Sakhi Yojana seeks to empower women and also make insurance accessible to everyone in the country Over the years, the Modi government has taken several steps to empower the women. Some examples include the Beti Bachao Beti Padhao (BBBP) mission, Ujjawala Scheme, Sukanya Samridhi Yojana, Swadhar Greh Scheme, Mahila Shakti Kendra (MSK) and Pradhan Mantri Matru Vandana Yojana …

While one can earn a lot of money through forex trading, there are quite a few risks due to constant price fluctuations Similar to stock trading, forex trading has also emerged as a viable investment option. In layman’s terms, forex trading is simply the trading of various currencies across global platforms. Depending on their goals, users can do forex trading …

While most taxpayers are aware about 80C, there are several other tax saving options that can be utilized To reduce the burden of heavy taxes, a number of tax saving options have been made available. These encourage people to invest and are aimed at enhancing the economic well-being of taxpayers. One of the most popular is the deductions available under …

Significant tax savings can be made, provided that you choose the right options in a timely manner Most people treat income tax as a burden, as it creates the perception of one’s hard-earned money being taken away. However, tax is necessary for the nation’s development, protection and welfare programs. Most people who fear taxes are usually not aware of the …

Your investment portfolio should have an optimal balance of liquid assets and those that can deliver max gains in the long-term Just like a balanced diet, your investment should also have a similar profile. As proteins, carbs, fats and vitamins are all necessary for the body, your financial well-being will need a mix of stocks, bonds, FDs, gold, cash, etc. …