What enables the affluent to attain and maintain wealth? Why do some individuals see their fortunes and respect diminish over time? Why does prosperity seem out of reach for many, despite their belief in their chosen path? Many fail to recognize that the wealth gap is a multifaceted issue that extends beyond mere income disparities. … Read more
This season seems to be both the summer of sport – The Euros, Cricket T20, the Olympics – and elections – India, UK, France, and the exciting run-up to the US. In India, with the election out of the way, the next big event will be the Union Budget. Initial thoughts suggest that we have … Read more
As only two weeks are left before the deadline to file income tax return (ITR) expires on July 31, taxpayers continue to face glitches on the I-T website. As a result of these glitches, a number of taxpayers are requesting the income tax department on social media for the extension of the deadline. One user, Doli … Read more
When it comes to long-term financial planning in India, two standout options are Systematic Investment Plan (SIP) and the Public Provident Fund (PPF). Both cater to different financial goals and risk appetites. Let’s delve deeper into their unique features, benefits, and considerations to help you make an informed decision. Systematic Investment Plans SIPs allow investors … Read more
Smallcap stocks have been outperforming the Nifty index for a while now, witnessing robust demand by retail investors, multiple new highs and improvement in corporate earnings. The Nifty Smallcap index has advanced over 25 percent in 2024 YTD as against a 13 percent rise in Nifty. Similarly in the last 1 year, the smallcap index … Read more
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
Investing, a crucial aspect of financial planning, requires a strategic approach that aligns with individual goals and time frames. Whether it’s equities, debt funds, or other asset classes, having a clear investment horizon is imperative for optimising returns and managing risk effectively. Investing with a time frame: Importance across asset classes When it comes to … Read more
When it’s dark and cloudy outside, what better way to clutch your umbrellas than by watching the fabulous actor play a serial killer in a film that will make you squirm long after the lights are turned on in the theatre? Longlegs is not your everyday ordinary horror film with blood and gore you see … Read more
When filing your income tax return (ITR), you should declare the income that accrues in India and the income that grows abroad. The income Tax department on the X platform posted that you are meant to fill the foreign asset schedule as a resident income taxpayer if you own an asset abroad or have a … Read more
Need cash urgently for a short tenure? Your shares can come to your rescue without the need to sell them. We are talking about taking a loan against the security of your shares. In this article, we will understand why taking a loan against shares is better than selling them. What is a loan against … Read more