Increasing Inflation and Interest Rates
Amid the concerns over rising oil and commodity prices, global stock benchmarks have been on a downward slide. Fears of higher inflation, which may consequently derail global growth, have also pushed some investors to sell off. Food prices, which account for nearly half the inflation basket, are also expected to remain elevated as supply chain problems related to the Russia-Ukraine war...
Financial Changes from 1st April 2022
We have stepped into a new financial year and this is always a good time to create a financial plan for the entire year. But before you start your financial planning, it’s important to understand the new rules being applicable from April 2022 and their impact on your financial planning. Linking PAN with Aadhaar: In case you have missed the deadline to link your PAN with Aadhaar,...
Importance Of Robo Advisor For Millennials And Gen Z Investors In The Digital Era
Robots or AI-Based solution providers. Who knew that such unbelievable concepts that were once limited to only Hollywood’s Sci-Fi movies could be actually invented and successfully used in real life? Today, AI-Technology and Robotic Science have evolved to a level where it is believed to be extremely efficient, precise, and trustworthy. Right from financial to the medical industry, its...
Surprising Ways To Change Your Relationship With Money
‘Relationship’ As soon as you read this word, what is the first thing that came to your mind? We are sure that it must be either a person or at least something related to humans. Whenever we think of a relationship, it is mostly related to a human being. And as we understand the importance of a relationship, we believe in doing everything within our reach to nurture and strengthen a...
Investment Strategy amid volatility
The effect of the war on Indian markets lasted a mere seven days with the bottom being established on the eighth-trading day. Thereafter in another seven days, markets have overtaken the levels from where they began to fall. Currently, Nifty is consolidating in the 17000-17400 band. Current Market Outlook Markets have been very volatile majorly owing to geopolitical tensions between...
How To Choose The Right ELSS Scheme For Investment?
Investing and saving is undoubtedly the best way to minimize your tax liability. However, if you wish to get long-term wealth creation benefits along with saving tax, then investing is definitely the right option for you. And investing in Equity Linked Saving Scheme i.e. ELSS is one of the best ways to save tax as well as achieve your long-term wealth creation goals. As they say,...
Taxation On Digital Assets
The tremendous craze for cryptocurrency in India is growing at an unexpectedly fast pace. The increasing popularity is constantly compelling investors across the country to consider it an extremely beneficial investment option capable of giving substantial returns in an extremely short period of time. Amongst the investors from all the age groups, the young investors who wish to build a...
Rules that will knock your pockets from April 2022
The Financial Year 2022-23 is just around the corner and just like every year, this year too the budget has introduced various finance and a tax-related new set of rules related to Tax, PF, along with TDS and Insurance which will affect your pocket. This doesn’t mean that the new rules will only reduce your pocket power, there are a few amendments that will even create a little more...
Income Tax Benefits For Women
India is a progressive country, and just like our country, our Income Tax system is also progressive in nature. Progressive not just because the amount of income tax increases with the increase in income, but also because of its approach that keeps progressing with the changing outlook of the people and financial scenario of our country. As it’s the month of March when we celebrate...