Best tax saving investment options in Section 80C
Discovering tax-saving investment options may not be as easy as it seems, because, along with tax benefits, you also need to find an ideal investment avenue that generates good returns and aligns with your long-term wealth creation objectives. Section 80C provides a list of investment options under which you can claim a deduction of up to Rs. 1.5 lakhs. There are several investment options...
5 Financial Planning Strategies To Save Money
Salary day is undoubtedly the most awaited day of the month. Every month you decide that you will save as much as you can by avoiding unnecessary expenses. However, it becomes difficult to prevent certain unpredictable expenses and you are often left with little to no savings by month-end. We’ve all been there. Savings are a basic yet crucial part of financial management....
Missed The Financial Deadlines? Here’s What You Can Do Next?
With so many deadlines to keep track of, it’s easy to miss one or two. If you’re an investor or taxpayer who’s missed the March 31st deadline, don’t worry, you’re not alone. However, missing a deadline can have serious consequences, especially when it comes to financial matters. So, what should you do if you’ve missed the deadline? In this blog,...
How Does Financial Literacy Impact Women Entrepreneurs?
It is crucial for entrepreneurs, regardless of their gender, to make precise and effective decisions. In addition, they need to be able to forecast future demand and, therefore should possess a good understanding of the numbers, formulas, terminology, and fundamental financial principles involved in the process. With adequate financial education, entrepreneurs may be able to protect their...
Financial Checklist: Start 2023 Off Right!
As we clink our glasses and countdown our way into 2023, it is also important that we dwell upon the past year and all the financial lessons it has taught us. While you might have already decided on a set of goals that you wish to achieve, it is time to revisit your financial plans and make sure they are in sync with your short-term and long-term desires. We have prepared a financial...
Common Financial Mistakes People Make While Planning A Wedding
A wedding is not just an occasion. It’s a celebration. A once-in-a-lifetime celebration that marks a new beginning, not just for the couple, but for both families. No matter where you go, a wedding is treated as an extravagant affair across the world. When we talk about weddings it comes with a great expense, check out these 5 Financial Planning Strategies To Save Money. While some...
What To Keep In Mind After The RBI Monetary Policy Meet?
RBI monetary policy committee made some important announcements in its meeting held on 7th December 2022. As the global economy is experiencing turbulence, it has made it mandatory for central banks to play their part in bringing the situation under control. Owing to these current macroeconomic conditions, RBI has spoken about its plans for the Indian economy. We have elaborated on some of...
What Are The 10 Common Financial Planning Mistakes?
Have you ever found yourself in a situation where despite taking all the precautions to spend your money wisely and making feasible investments, you have not seen desired results? This could be because we tend to focus on the factors that help us generate more wealth and overlook the 10 most common financial planning mistakes. These financial mistakes keep us from achieving a stress-free...
6 Strategies To Reduce Investment Risks
Investment risk is defined as the probability or likelihood of the occurrence of losses as compared to the expected return from an investment. All investments carry a certain level of risk, be it equities, MFs, bonds, or investments in gold. The idea here is not to erase the risk completely but to reduce it to a degree where it does not hurt the overall portfolio and safeguards it from...