The 4% rule is a retirement planning guideline that suggests: You can safely withdraw 4% of your retirement corpus annually (adjusted for inflation each year) to ensure that your money lasts. It originated from a 1994 study by William Bengen, a U.S. financial planner, based on historical data of U.S. stock and bond returns. The …
Travel is no longer considered a luxury, it’s a lifestyle goal. Whether you’re planning a relaxing vacation, an adventurous trip, or a family getaway, expenses can add up quickly. If you are planning to get a personal loan to cover your travel expenses, then you must be aware of the monthly EMIs. In this article, …
In an era where financial security is becoming increasingly important, government-backed investment schemes provide a safe and dependable way to grow wealth, save for retirement, or secure your family’s future. These schemes are not only backed by the Government of India but also offer attractive interest rates, tax benefits, and long-term financial advantages. Whether you’re …
As the time to file Income Tax Returns (ITR) for Financial Year 2024-25 begins, it’s important for taxpayers to understand certain key sections of the Income Tax Act, 1961. These sections help individuals calculate their taxes correctly, make use of deductions, and select the right tax regime. The Income Tax Department has already released the …
Buying gold jewellery is a big investment. But sometimes, buyers are tricked into buying fake or low-purity gold. To protect consumers, the Indian government made hallmarking compulsory for all gold jewellery. A hallmark shows the purity or fineness of gold and ensures that you are getting what you pay for. What is HUID? Each piece …
Many aspiring investors dream of building a ₹10 crore corpus, but often face a practical dilemma: Should one invest a large sum upfront or commit to a monthly SIP? Both paths tap into the power of compounding, yet the mechanics and timeframes differ. The journey to that milestone depends on when and how the money …
The government has widely claimed that under the new tax regime for FY 2025-26, income up to ₹12.75 lakh will be completely tax-free. This figure has been cited in press releases, speeches, and news articles. However, a close look at the Finance Act, 2025 reveals something surprising — the actual tax-free limit is only ₹12.5 …
House Rent Allowance (HRA) is a component of a salaried employee’s income designed to provide tax relief if the individual resides in a rented house. Under Section 10(13A) of the Income Tax Act, a portion of HRA can be exempted from income tax, subject to certain conditions. Can You Claim HRA Without Paying Rent to …
The Union Budget 2025 has brought significant changes for luxury car enthusiasts in India by reducing the customs duty on imported cars from 125% to 70%. This shift makes high-end vehicles like Lamborghini more affordable for Indian buyers. Let’s take a closer look at how this new duty impacts the pricing of Lamborghini cars in …
Gold prices in Dubai change daily, influenced by global market trends, geopolitical developments, and currency fluctuations. Whether you’re looking to invest, buy jewellery, or simply stay updated, tracking these price movements can help you make smarter financial decisions. Here’s a look at today’s gold prices in Dubai. Dubai Gold Rate Comparison: Today vs. Previous Session …
