SIP Calculator: When considering the potential outcomes of investing a fixed sum of money each month in a Mutual Fund SIP (Systematic Investment Plan) over a decade, it is natural for first-time investors to ponder the returns they might expect. Numerous online Mutual Fund SIP calculators, including those offered by fund managers, can provide a
Important Income-Tax Deadlines in November: There are some key deadlines related to income tax coming up this month for both individual and corporate taxpayers. If you fail to pay taxes on time, it might lead to penalties as well as many problems. Being aware of income tax deadlines can help you plan your tax and
Are you still in possession of the old Rs 2,000 notes and contemplating a straightforward method for their exchange? If so, there is good news for you. The Reserve Bank of India (RBI) has recently provided clarification regarding the process designed to assist citizens who still hold Rs 2,000 notes. The central bank has detailed
The Reserve Bank of India (RBI) has recently announced some key changes to Know Your Customer (KYC) guidelines. These changes are aimed at improving how financial institutions verify the identities of their customers and ensuring a safer and more streamlined process. In this story, we will discuss the breakdown of these key amendments. Before that
Investing in silver exchange traded funds (ETFs) can enhance portfolio diversification, especially given the metal’s recent outperformance relative to gold. As silver is known for its price volatility, a staggered investment approach through systematic investment plans (SIPs) can be beneficial.Silver’s unique position as both a precious and industrial metal, with its extensive use in electronics
By Siddharth Singhal Many banks collaborate with insurance companies to provide health insurance policies to their customers. These bank-based policies, which are typically group policies, are designed to cover a large pool of customers. Since these are group health plans with little room for personalisation, these often come at a discounted rate. However, these policies
The number of contributing organisations to Employees’ Provident Fund Organisation (EPFO) in FY24 grew 6.6% on year to 7,66,000, and the number of contributing members rose 7.6% to 73.7 million. The EPFO also saw an increase of 55.4% in realising arrear dues to Rs 5,268 crore from over the previous year in FY24 while the number
Fixed deposits (FDs) have long been a popular choice for investment in India, especially for senior citizens looking for financial security and a steady income. To cater to this specific demographic, Senior Citizen FDs offer enhanced interest rates alongside various other benefits. Before diving into these investment opportunities, it’s crucial to understand the details and
For decades, the idea of retirement at 60 has been etched into the Indian psyche—a golden milestone when one finally hangs up one’s boots after years of hard work. It’s a vision sold to us by pension systems, family traditions, and societal norms: toil through your prime years, save diligently, and then enjoy the twilight
If you are planning to invest in Public Provident Fund (PPF) for the financial year 2025-26, then today i.e. 5th April, is the best opportunity to make this investment. PPF is not only a reliable and safe investment option, but it is also a great means of tax savings. Currently, it gives 7.1% annual interest
Filing an Income Tax Return (ITR) is an important responsibility for every taxpayer. With the start of the new assessment year 2025-26, the ITR filing has started and is likely to continue until 31 July 2025. For those whose audit is mandatory, the deadline is likely to be 31 October. However, the government can extend
At a time when the stock markets tremble with all headlines and most investors are only looking for quick profits, patience has become a rare commodity. But one of India’s Warren Buffetts, Porinju Veliyath, boasts of an investment approach that is probably that of swimming against the tide. Rather than following fleeting market trends, Veliyath
One of the most pivotal weeks in years – even decades – for the global economy closed on Friday to the sound of the Nasdaq crashing into a bear market as investors fear U.S. President Donald Trump‘s trade war will tip the world into recession. Less than 48 hours after Trump raised tariff barriers to
