For decades, long-only equity funds have been the default vehicle for wealth creation. Their proposition is simple: stay invested, ride the economic cycle, and allow compounding to do the heavy…
Category: Banking And Finance
8th Pay Commission: Staff Side (NC-JCM) submits major demands on salary, pension and promotions; check details
The Standing Committee of Staff Side (NC-JCM) presented a comprehensive set of demands at their first meeting with the 8th Pay Commission on 28 April, held in New Delhi. This…
From ₹10 LPA to ₹30 LPA in 2 years: I asked ChatGPT how to upgrade my job, salary; check personal finance advice from AI
I acted like a Bengaluru IT consultant and asked ChatGPT how to upgrade from ₹10 LPA to ₹30 LPA. Here is what AI said. My ChatGPT Prompt “I am a…
ITR filing: Key strategies to maximise savings and reduce tax liability
With the start of the financial year 2026-27, taxpayers are required to plan their finances that align with the current income tax rules and available exemptions. Tax planning involves assessing…
Where should a 25-year-old invest to build wealth: SIPs, stocks or crypto?
You get your first salary, and suddenly money feels very real. There’s rent to pay, plans to make, maybe a small splurge, and then comes that quiet, slightly confusing question,…
Are you sending money abroad in 2026? Check new Income Tax Forms 145 & 146 for foreign remittances and compliance
If you are looking to send money overseas from India, you should be aware that the government of India has introduced several important changes to the reporting of foreign remittances.…
SCSS monthly income guide: See how investments of ₹10 lakh, ₹20 lakh and ₹30 lakh can earn safely in retirement
If you have a predictable, safe income stream in retirement, it can go a long way toward helping you live a comfortable life with your family. With age, expenses tend…
ITR Filing 2026: Why NBFC and HFC interest income must be reported separately and what it means for taxpayers
The Income Tax Department has updated the for the Assessment Year 2026-27, requiring taxpayers to separately report interest income from non-banking financial companies (NBFCs), housing finance companies (HFCs) and certain…
Big EPFO update: Minimum pension may rise 7.5 times, ATM withdrawals soon
EPF subscribers may soon see big changes. The government is considering a sharp hike in the minimum pension, while EPFO is also working on allowing ATM withdrawals, thereby making access…
From TDS mismatches to capital gains errors: 3 risks under Income Tax Act 2025
As the Income-tax Act, 2025 has now come into effect from April 1, 2026, many companies are settling into what they assumed would be a fairly smooth transition. After all,…