The holiday season is here, and while it’s one of the most exciting times of the year, it also comes with its own set of uncertainties. From sudden flight cancellations to medical emergencies and unexpected weather disruptions, travel during this time can be unpredictable. That’s where travel insurance comes in! It’s your safety net, offering …
The third instalment of advance tax for the financial year 2024-25 is due on Sunday, December 15, 2024. Taxpayers must ensure that 75% of their total tax liability is paid by this date. However, due to an existing Income Tax Department circular, payments made on Monday, December 16, 2024, will be accepted without any penalties. …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rohan’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rohan’s Annual Expense Amounts to ₹6 Lakh Age: 45 years …
Ahead of the Delhi Assembly elections, former Chief Minister Arvind Kejriwal unveiled the ‘Mahila Samman Yojana,’ a welfare scheme aimed at financially supporting women in Delhi. Under this initiative, the Delhi government will provide ₹1,000 to women every month. Kejriwal assured that if the Aam Aadmi Party (AAP) wins the 2025 Delhi Assembly elections, this …
On Monday, Prime Minister Narendra Modi launched the Life Insurance Corporation’s (LIC) Bima Sakhi Yojana, a transformative initiative aimed at empowering rural women economically. The scheme focuses on providing rural women with the opportunity to work as insurance agents, helping them earn a livelihood while promoting awareness about insurance in rural areas. By targeting financial …
The Goods and Services Tax (GST) system in India mandates that certain registered taxpayers, specifically those required to deduct Tax Deducted at Source (TDS), file GSTR-7 returns every month. The return captures the details of TDS deducted, paid, and payable, including any refund claims. While filing GSTR-7 is necessary for taxpayers involved in TDS deductions, …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rahul’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rahul’s Annual Expense Amount to ₹6 Lakh Age: 40 years …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rakesh’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rakesh’s Annual Expense Amounts to ₹6 Lakh Age: 35 years …
Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana on December 9, 2024, a transformative initiative by the Life Insurance Corporation (LIC). This scheme is designed to empower rural women by providing them with opportunities to become insurance agents, fostering both financial independence and enhanced insurance awareness in underserved areas. The project envisions enrolling …
On December 4, 2024, the Goods and Services Tax Network (GSTN) issued an important advisory outlining new guidelines for the filing of GSTR-7 returns. Effective from October 2024, it is now mandatory for GST-registered taxpayers, specifically those who deduct Tax Deducted at Source (TDS), to follow a sequential filing process. This new rule aims to …
