FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.
A taxpayer who does not revise their return within the stipulated deadline would be stuck with the original return, including its errors.
When addressing issues, it's crucial to focus on specific behaviours rather than personal characteristics to maintain objectivity and reduce personal offence, suggests Sonica Aron, founder, Marching Sheep.
'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'
'In phases when smaller stocks do well, an equal-weight index performs better than its market cap-weighted peer.'
Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'
IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.
Let's explore five transformative yoga asanas designed to fortify your back, neck and shoulders, ensuring you stand tall and strong, just like a tree rooted firmly in the ground.
All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.
Micromanagers feel the need to be involved in every decision, hence they will avoid delegating tasks and spend a lot of time focusing on minor details rather than the bigger picture, says Sonica Aron, founder of the HR consultancy firm, Marching Sheep.
Experts say you should be certain of living in a city and locality for a long time before purchasing a home.
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
Heart conditions may be hereditary, and knowing your family's health background can help you understand the risk your might face, says consultant cardio-thoracic surgeon Dr Gulshan Rohra.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
To minimise risk, invest in a debt fund whose duration matches your investment timeframe.
Failure in examinations, the inability to get an expected score or admission to an educational institution of one's choice often precipitates distress in students and may increase the risk of suicide, warns Dr Rakesh K Chadda.
'PPF carries minimal risk.' 'Its fixed-income nature allows investors to diversify their portfolios.'
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents.
Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.
The selected students (20 seats are available) will undergo coursework followed by research leading to a doctoral thesis under the mentorship of a faculty.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
People in full-time jobs should especially avoid intraday trading as it results in loss of focus and affects performance.
How does the Union Budget 2024-25 impact taxpayers, investors and traders?
'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'
Bullied children could show a sudden reluctance to go to school. Pay attention to any changes in their social dynamics such as avoiding certain friends or becoming increasingly isolated, says Dr Maithili Tambe.
Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.
'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Selected students can get free access to training modules and live sessions by Harvard faculty.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
A maximum of two shortlisted students will be offered financial support for a period of up to three months.
It's important to take breaks, spend time with loved ones and engage in activities like yoga or meditation to help relax and relieve stress.
In a falling market, the value of your investment keeps going down. However, the reduction in value is purely a notional loss if you remain invested. When you redeem in a falling market, the notional loss becomes a permanent loss, explains Anamika Pareek.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.
Selected students from Delhi will receive up to Rs 10,000 to cover tuition fees along with an annual academic allowance of up to Rs 10,000.
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
A cortisol belly is a common health problem resulting from elevated cortisol levels due to chronic stress, poor diet, lack of physical activity, inadequate sleep and overtraining, says clinical nutrition consultant Neha Sahaya.
