The budget focuses on reforms, disinvestment, infrastructure, good governance
Like FDs, income on the G-secs will be taxable. If sold before one year, the income will be taxed at the normal rates
Rate cut expected to boost property registrations in capital
The rationalisation of reopening of cases announced in Budget would bring in more certainty to taxpayers
RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns.
The central bank also said it will set up a 24x7 helpline for digital payments services to secure them more against fraud and phishing.
A major impact of the Covid pandemic has been that individuals have become very cautious with their money. The first instinct for many people has been to cut down expenses, especially ‘unnecessary’ ones. And as a result increase savings. This kind of action is a positive as far as the money management is concerned. However, […]
Over the past few years, digital payments have witnessed tremendous growth in India. This growth has been largely driven by digital wallets and Unified Payments Interface (UPI). And this is visible from the fact that UPI transactions have been rising consistently, making a new high every month for the past six months. For instance, UPI […]
It is a delight to see aspiring youngsters – the drive, the energy to moonlight and chase their dreams! It brings a breath of hope for a vibrant society and hard working young nation. What should a young earner do so that, not only does he/she use his/her youthful energy to grow in career and […]
Every investor wants to invest in the best investment options in such a way that he can achieve maximum return with minimal risk in a given tenure. The investment options that you choose should depend on your risk appetite, investment horizon, financial goals, investment objective and liquidity needs. Historically, retail investors in India were exposed […]