Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses

Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses

The employee can save some tax by opting for the old regime if he can make tax-saving investments and has expenses of at least ₹4.84 lakh. Now, only ₹1.5 lakh worth of investments are allowed as tax deductions, while ₹3.35 lakh or more has to come from expenses like home loans, house rent allowance and … Read more

How can single women build emergency funds? Here are 6 key ways

How can single women build emergency funds? Here are 6 key ways

Financial security is a cornerstone of independence and peace of mind, especially for single women in India. Building a robust emergency fund is crucial, providing a safety net against unexpected expenses and economic uncertainties. Single women in India face unique financial challenges, including lower average incomes, limited access to financial resources, and societal pressures that … Read more

What is the greatest secret of creating wealth? MintGenie explains

What is the greatest secret of creating wealth? MintGenie explains

In any financial well-being session, the part which gets the audience visibly excited is when the talk on investing begins. This is not surprising because we all want to create wealth, be richer, and have more money to spend. While it’s true that identifying the right type of investment goes a long way in your … Read more