Travellers to Dubai have long bought gold from the middle-eastern destination as the yellow metal costs less there than in India. Especially for Indians, who not only see gold as a safe haven investment, but buy it heavily for cultural reasons such as weddings, there is always an eye out for cheaper gold. Thus, amid…
Here is a look at how equity and debt categories of NPS schemes have performed over time versus the respective benchmark indices. Past performance A three-year rolling return analysis of NPS equity schemes — with at least a 10-year track record – showed average returns of 13.5%. Net asset value (NAV) history from 28 February…
Benchmark indices – Nifty50 and BSE Sensex — have witnessed a significant fall in the past few months. From its peak of 26,277 points in September, Nifty50 is currently trading 14 percent down after it pared some of its losses last week. Since Nifty50 comprises large cap companies, this fall is quite noteworthy in large…
With financial year 2024-25 soon coming to an end, only three weeks are remaining before the taxpayers can invest in the tax-saving instruments such as PPF, NSC, KVP, SSY and SCSS. Taxpayers who wish to claim income tax deduction must invest in these instruments before March 31. Where can taxpayers invest to claim income tax…
Mutual fund calculator: The market’s ups and downs can feel like a rollercoaster, but seasoned investors know that true wealth is built through patience and consistency. Imagine watching a seed grow into a mighty tree. That’s the magic of compounding in mutual funds. After navigating the recent market dips, it’s time to understand the power…
Now, layering that with income tax, the financial gap widens even further, leaving women with less disposable income than their male counterparts. This isn’t just an unfair coincidence, it’s a systemic issue that deepens financial inequality. Let’s move beyond symbolic gestures and confront this dual economic burden through meaningful tax reforms and policy solutions that…
The new income tax bill has changed the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rules several times. These changes were announced in Budget 2025 and will be effective from April 1, 2025. The bill has proposed increasing the threshold limit of tax for various provisions. TDS is applicable to various…
Women’s Day 2025: International Women’s Day is here again on March 8! On this annual occasion, while we celebrate women around the globe, the systemic cycles in every economy have certain hidden pressures that need to come to the fore. Have you ever wondered why you might be paying more tax compared to men just…
On International Women’s Day, a number of financial institutions have rolled out special discounts and offers on loans meant exclusively for women. Aditya Birla Housing Finance launched Khushi, a customised home loan offering for women borrowers to help them on their path to home ownership while State Bank of India (SBI) has rolled out collateral-free…
One of the key pillars of wealth generation is compounding. This means a humble investment on a regular basis can lead to massive growth over a long period of time. Veteran wealth advisors tend to assert that it is not the timing of investment but the time period for which the investment remains locked which…
