Post office savings schemes are investments offered by India Post. These are known for offering attractive interest rates, tax benefits, and sovereign guarantee
Paying a portion of your income tax liability for a financial year in advance or before the year-end is called an advance tax. It is payable when your income tax liability for a financial year equals or exceeds Rs 10,000
Your salary slip has vital information that can help you plan your taxes, negotiate a hike, and do much more. It is proof of your employment and income
Based on your investment declaration, your employer estimates your taxable income and cuts TDS monthly before paying your salary.
Form 16 summarises the TDS that your employer has cut on behalf of you from your salary income. It is an important document for tax compliance and is proof of income
It is easy to give into temptation and spend your bonus on discretionary ways. This Diwali, why not use your bonus to secure your finances and future?
Money has time value: it grows but not on trees. Meaning, simply saving and not investing the money you receive as a Diwali gift takes away its potential to grow.
Diversification not only helps in managing risk but also provides an opportunity to preserve returns insulating us from external shocks that can wipe out the entire portfolio.
Offering a personal finance course to your employees helps as they can make smart money-related decisions and concentrate on work than on financial issues