Discover financial wisdom on our blog for expert insights on personal finance, investing, and money management.
30 October 20244 min read Income tax laws have distinct rules for the taxation of equity shares and mutual funds. To promote investment in capital markets and support financial inclusion, taxation is subsidised under Section 111A and Section 112A of the Income Tax Act, which govern short-term and long-term capital gains, respectively. In this
26 November 20244 min read Introduction Have you ever tried making a substantial, high-value transaction but failed to do so because you don’t have a PAN card? Under such circumstances, Form 60 can come to the rescue! Simply put, Form 60 is an alternative to a PAN card for those who don’t
By Anulekha Ray 12 February 202510 min read Do you know which tax bracket you fall into for FY2024-25 or FY2025-26? You might feel it doesn’t matter since you rely on your chartered accountant or an online portal to file your income tax return, but understanding your tax bracket is
27 September 20236 min read In today’s digital era, many individuals are turning to online platforms to earn a living. From freelancers to bloggers, online trainers to affiliate marketers, the internet has opened a plethora of opportunities. But, with this increasing wave of online income, how does the Indian Income
By Arvind Rao 15 March 20245 min read Tax Deducted at Source, more popularly known as TDS, is often a tedious process for the person responsible to file and pay it. But then it has a special place in the heart of the Tax Department, as it gives them the trail of
By CA Niyati Shah 1 March 20254 min read Real Estate Investment Trusts (REITs) have become a popular investment option for individuals seeking exposure to real estate without directly owning or managing properties. They offer a simplified and efficient way to invest in large-scale real estate projects with relatively small
28 October 20245 min read If you own any residential or commercial property and rent it out, you’re required to declare the rental income under the head “Income from House Property” in your income tax return. But the question is, how much tax do you need to pay on this
Working with a financial advisor can provide an invaluable perspective on your current situation. With the help of a financial advisor, you can assess your finances holistically – debts, assets, income streams, and more. With this comprehensive understanding, the advisor helps craft strategies tailored to your needs. A financial plan crafted by a qualified advisor grants you agency over your financial life. It transforms vague anxiety about the future into proactive preparation. With expert guidance, you can map out actionable steps to strengthen your finances over time.
Financial planning is important because it provides clarity and control over your finances.
Having a financial plan helps you:
In short, financial planning is essential for financial stability and peace of mind. It gives your finances direction and purpose. With proper planning, you can take charge of your money and build financial security.
