Have you ever wondered how long it would take to build a corpus of ₹1 crore with monthly investments? In this article, we look at setting aside a fixed sum every month, whether it’s ₹5,000, ₹7,000, or even ₹10,000, and watching it grow over time. At first glance, reaching ₹1 crore might seem like a …
The investment landscape in India is evolving, with young investors increasingly favouring the stock market. The latest Investor Behaviour Index (IBI 2025) reveals that 81% of respondents have invested in stocks, with nearly 45% of individuals under 35 considering equities their primary investment avenue. This shift is largely attributed to greater financial awareness, improved access …
The (EPFO) Employees’ Provident Fund Organisation is set to introduce a new system that will allow subscribers to withdraw their provident fund (PF) claims using the Unified Payments Interface (UPI). The executive committee of EPFO’s Central Board of Trustees (CBT) has approved the plan, making the process faster and more convenient. UPI-Based PF Withdrawals Expected …
The recent fraud at the New India Co-operative Bank (NICB) has once again raised concerns about the security of deposits in co-operative banks. Since deposit insurance was introduced in 1962, a staggering 430 co-operative banks have failed, endangering the savings of thousands of depositors. These crises have resulted in an insurance payout of ₹16,000 crore …
The 8th Pay Commission, which will revise salaries and pensions for central government employees, has been approved by the Union Cabinet and is expected to be implemented next year. The final salary adjustments will be based on the fitment factor, a multiplier applied to current basic pay to determine the revised salary structure. One key …
On February 24, 2025, Prime Minister Shri Narendra Modi launched the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Bhagalpur, Bihar, bringing good news to millions of farmers across India! The PM Kisan 19th Instalment will directly benefit over 9.8 crore farmers, including 2.41 crore women farmers, with financial support exceeding …
Did you miss the deadline to activate your UAN to enjoy benefits under the Employment-Linked Incentive (ELI) scheme? Don’t worry, the Employees’ Provident Fund Organisation (EPFO) has extended the deadline for Universal Account Number (UAN) activation and Aadhaar-bank account linking to March 15, 2025, which was previously February 15, 2025. The deadline has been extended, …
The 8th Pay Commission is highly anticipated as government employees await insights into potential salary hikes and benefits. Pay Commissions, set up periodically, assess salary structures and recommend revisions based on inflation, economic conditions, and cost of living. While the 7th Pay Commission brought a significant boost in pay scales, curiosity now grows about the …
Retirement planning is a subject of growing interest, especially when one considers how a modest lump sum can evolve into a substantial corpus over time. This article presents an informational exploration of two distinct scenarios where an initial investment of ₹11,00,000 grows significantly through the power of compounding, without offering any recommendations or advice. Understanding …
In today’s global economy, high-income earners often compare tax structures across different countries to understand the real value of their earnings. This article presents an informational comparison of how a ₹10 crore salary is affected by marginal tax rates in several countries, with a focus on the United States, India, the United Arab Emirates (UAE) …
