Personal Finance
Savings & Investments (FDs, bonds, stocks, mutual funds)
Retirement & Pension Planning
Taxation tips (ITR filing, exemptions, GST updates)
Bank Transactions That Trigger Income Tax Scrutiny The Income Tax Department closely monitors bank transactions to prevent tax evasion and ensure compliance. Here are 9 common transactions that can trigger scrutiny : 1. Large Cash Deposits: Depositing ₹10 lakh or more in cash in your savings account in a financial year can lead to reporting […]
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The Smart Way to Wealth: Mastering Good Loans in India that can help you to grow your wealth In India, a significant number of people rely on loans to purchase big-ticket items, with 70% of iPhones and 80% of cars being bought on loans. However, the key to financial success lies in understanding the difference
India’s Wealth Shifts Inward: Domestic Engine Roars, But Investor Behavior Lags Behind India’s wealth landscape is undergoing a significant transformation, with domestic investors driving growth and shifting towards riskier assets. Here are the key trends: Domestic Investment Surge: Monthly SIP investments are expected to reach ₹48,000 crore, contributing to a projected ₹54 lakh crore in
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Personal Finance Red Flags Related To Savings & Emergency Planning. A key personal finance red flag related to savings and emergency planning is not having an emergency fund that covers at least 3 to 6 months of essential living expenses. Other warning signs include living paycheck-to-paycheck, using high-interest debt to cover unexpected costs, and failing
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Personal Finance Red Flags Related To — Debt & Borrowing When your personal finances show red flags related to debt, it is a signal that your borrowing is becoming unmanageable and may soon affect other areas of your life. Recognizing these warnings early allows you to take corrective action before a debt trap sets in
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A striking picture of huge unclaimed wealth in India. Discover how over ₹1.9 lakh crore of unclaimed wealth in India lies in bank accounts, EPF, mutual funds, shares, and insurance. Learn how to check and claim your forgotten money using RBI UDGAM and EPFO portals. Unclaimed wealth in India amounts to hundreds of thousands of
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Personal Finance Red Flags Related To Spending Habits 1. No monthly budget or awareness of expenses. 2. Impulse/emotional spending (“retail therapy”). 3. Lifestyle inflation with every raise. 4. Spending > income month after month. 5. Relying on buy-now-pay-later for non-essentials. 6. Frequent big-ticket purchases without savings. 7. Ignoring small leaks (subscriptions, delivery apps). 8. Over-gifting/overspending
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10 Investing Lessons This Diwali. Discover 10 timeless investing lessons this Diwali focused on patience, discipline, capital protection, and compounding for lasting wealth. True wealth comes from patient, disciplined investing and preserving money, not flashy moves. Also Read: 14 Bad Habits of Low Self-esteem that You Must Stop now and Beyond 1. Don’t Follow the Crowd
RBI Allows Early Exit for Sovereign Gold Bond (SGB) 2020-21 Series-VII Investors! The Reserve Bank of India (RBI) has announced premature redemption for the SGB 2020-21 Series-VII, originally issued on 20 October 2020. Redemption Date: 20 October 2025 (that’s the 5th year from the issue date — eligible for early exit) Performance Snapshot: The bonds
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Didn’t Pay Your EMI? Your Phone Could Get Locked! The Reserve Bank of India (RBI) is actively evaluating a proposal that would allow lenders to remotely lock smartphones bought on EMI if the owner defaults on payments. While the move is not yet a formal regulation, it is being considered to curb rising defaults, particularly
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