The Budget 2023 has revised (and reduced) the tax slabs for ONLY the new tax regime (read more here). Here is a comparison table of the New tax regime vs Old tax regime (applicable from 1st April 2023). New Vs…
Read More Revised New Vs Old Tax Regime (After Budget 2023 Changes)
The income tax slabs in the new tax regime have been changed. As per the announcement, instead of 6, now there will be 5 income tax slabs. The New Slabs and new Income tax rates under the new income tax…
Read More New Income Tax Slab & Rates announced in Budget 2023
After the Budget announcement where the government announced a new one-time female-specific small savings scheme - Mahila Samman Saving Certificates (MSSC), we now have full details of the scheme available, which we discuss below. Later on, we will see whether…
Read More Mahila Samman Savings Certificates (7.5% interest) – New Small Savings Scheme for Women
The Budget 2023 has brough some good news for senior citizens. The maximum investment limit of Senior Citizen Savings Scheme (SCSS) has been increased from Rs 15 lakh to Rs 30 lakh now. With the doubling of SCSS limit to…
Read More SCSS Limit Increased to Rs 30 lakh (from old Rs 15 lakh) in Budget 2023
I was recently quoted in Economic Times WEALTH (30 January 2023) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. . The exact question is given below - Here…
Read More Quoted (Economic Times) – Jan 2023 – 58-Year Old Planning for Retirement Income from 2024
SEBI has released a detailed study of the Individual traders’ analysis of Profit and Loss in Equity Futures & Options (F&O). The result are not surprising as we all know that very few traders genuinely make any money. A whopping…
Read More 89% Traders Lose Money in F&O in India – SEBI Study (2022-23)
The latest update for 2023 Life Insurance Claim Settlement Ratio has been published by IRDA (link). If you are looking for the highest claim settlement ratio in life insurance or the best life insurance company in 2023 (based on claim…
Read More IRDA Life Insurance Claim Settlement Ratio 2023 (Updated)
AMFI has announced that all AMCs or mutual funds will now move to T+2 redemption payment cycle for equity funds. What this means is that going forward, under the T+2 redemption cycle, the money from redemption will be credited to…
Read More Get Money Faster on Selling Equity Funds. MF move to T+2 Cycle.
LIC’s Jeevan Azad (Table & LIC Plan 868) is a traditional, non-participating, endowment policy by LIC, which offers guaranteed, tax-free maturity proceeds. Should you buy this traditional endowment plan from LIC in 2025? If you want to know more about…
Read More LIC Jeevan Azad (Plan 868) Review & Benefits | Should you Buy (2025)?
What is Digital Rupee or E Rupee? How to load and use E Rupee for digital transactions in India (2023)? Difference eRupee vs IMPS, NEFT RTGS.
What are RBI Green Bonds (2023)? India is issuing its first Sovereign Green Bonds or RBI Green Bonds (SGrB) in 2023. So what are these RBI sovereign green bonds? These Sovereign Green Bonds, popularly known as RBI India Climate Bonds,…
Read More What are RBI Green Bonds (or Sovereign SGrB 2023) in India)?
I was recently quoted in Business Standard (11 Jan 2023) in an article titled "A middling first year for silver ETFs; AUM at around Rs 1,500 cr by November 2022". Here is the link to the online version of the…
Read More Quoted (Business Standard) – Jan 2023 – Why Silver ETFs are not becoming popular?
If I remember correctly then there are some research works that prove that most people from low-middle income backgrounds who won a big lottery or jackpot, eventually go back to the same amount of money they had before after a…
Read More How to Manage your finances to Increase your Income?
Growing wealth at more than FD rates by investing in stocks, equity funds and real estate.
Many banks in India offer small concession in interest rates for ladies when it comes to home loans. If you want to know How much concession do women borrowers get on home loan interest rates, then this article will answer…
Read More What is Home Loan Concession for Ladies in India (2025)?
