Building wealth doesn't require a fortune to start with. Anyone can start investing in a Systematic Investment Plan (SIP) by consistently saving a small part of their monthly income.
If you are around 35, you can boost your retirement corpus with a smart investment plan; increase your investments by 10 percent annually and watch your money grow. If you cannot, consider putting off your retirement by a couple of years.
Buying your first home is exciting and challenging, more so when you are battling high interest rates. Higher EMIs can strain your finances, making it more challenging to manage additional expenses and potentially limiting the amount you can borrow.
Similar to a Test match spread over five days, life insurance is a long-term commitment. It’s not about short-term gains but about careful planning to ensure financial security for loved ones throughout life’s journey.
Bank FDs offer risk-free and stable returns, making them ideal for risk-averse investors. On the other hand, fixed income mutual funds provide higher potential returns and liquidity, for those seeking growth and flexibility in their investments
First-time taxpayers can go wrong while filing ITR in FY 24. Here are 8 tips for them to choose a tax regime, review Form 26AS, and avoid penalties. Though E-filing ITR has become easy, the process can be daunting for first-time filers.
You aren’t required to file an IT return if your income is below the basic exemption limit--which varies depending on your age and chosen tax regime. Still, filing an ITR helps.
The NDA's previous two terms have seen the launch of several NRI-friendly financial services and schemes. The third term promises to bring in further enhancements in this area.
Building wealth is achievable for everyone. Forget needing a fortune to invest – consistent contributions, as low as ₹500 per month, can grow significantly through smart mutual funds. Systematic Investment Plans (SIPs) make investing easy and effective.