The Pension Fund Regulatory and Development Authority (PFRDA) has set up a panel to explore options for long-term addition of different asset classes with aim to give pensioners higher returns,…
Category: Banking And Finance
PPF vs SIPs: Here’s how much corpus an investment of ₹2,000 per month for 30 years give you?
When planning your investments, it is important form a plan based on your current finances, risk tolerance, and future goals. Smart financial planning is guided by the desire to meet…
Income-tax returns: Forms notified, excel utility enabled — All you need to know about ITR-4 Sugam online; see top FAQs
Income-tax return (ITR) forms for financial year 2025-26 (FY26) aka assessment year 2026-27 (AY27) have been notified by the tax department. Further, it has also enabled Excel Utility for the…
8th central pay commission: Here’s how employee groups want pay structures to be changed, explained
As the 8th Central Pay Commission (CPC) engages in active consultations and discussions with unions and stakeholders, three major employee representative groups have raised demands regarding changed pay matrix and…
Missed filing ITR in previous years? What taxpayers can still do
If a taxpayer has missed filing income tax returns (ITRs) for previous financial years, certain remedies may still be available under the income tax act depending on the nature of…
What is tax residency certificate and how to receive it in India? Details here
If an Indian resident earns income abroad or if a non-resident earns income in India, they could be taxed on the same income in both countries. To avoid such situations,…
I asked ChatGPT to calculate the FIRE number for Delhi techie earning ₹25 lakh pa to retire early
Calculations for I asked ChatGPT to calculate the required FIRE number to create a corpus for early retirement at 30 with ₹25 lakh per annum salary. FIRE is the personal…
How to redesign a ₹12 crore portfolio for clarity and long-term stability
I am a 42-year-old entrepreneur with a portfolio of around ₹12 crore spread across equity mutual funds (55%), real estate (25%), debt mutual funds (15%) and 5% in savings account.…
How to update demat account details online? Complete guide for investors
Investors must ensure that their demat account information is always up to date, especially when there are changes in KYC (know your customer) details. Any modification in address, last name,…
Switching brokers or gifting stock? Here’s how to transfer shares to a new demat account
Investors may need to transfer shares from one demat account to another several reasons, such as switching brokers, gifting shares or consolidating multiple accounts. The transfer process allows securities to…