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The stock market typically enters a bear phase during a recession (when stocks are falling or are already at their lowest levels). Investors are often reluctant to reinvest in such a market, as the risks of falling share prices keep them further away. To complicate a gloomy situation, a recession has no expiration date: it …
India’s gold demand surged 43% in the April-June quarter, but factors including inflation, rupee-USD rates, and political action are likely to weigh on consumer sentiment, a report says. According to a World Gold Council (WGC) report, India’s gold demand was 170.7 tonnes in the April-June quarter, compared to 119.6 tonnes in the corresponding quarter of …
In recent years, a forex chart has become a favorite travel companion for many travelers. A forex card is a prepaid debit card loaded with foreign currency. Nowadays, however, some neobanks have started offering global rupee travel cards. It is a new type of card in the highly competitive market of credit, debit, and prepaid …
There are a few days left to file your income tax return (ITR) for the fiscal year 2021-22 (the appraisal year 2022-23). You have the option of filing yourself or using the services of several experts to calculate your income and tax obligations, prepare the return, and file it. These experts include government-licensed service …
According to the tax agency, more than 37.3 million income tax returns (ITR) have been filed so far in the fiscal year (2022-23) as the July 31 filing deadline approaches. The official electronic filing portal recorded 37,341,425 returns as of July 27, 2022. As of July 26, more than 34 million RTAs had been filed, …
The ultimate goal of purchasing term life insurance is to ensure that our family maintains its lifestyle, dreams, and goals even in our absence. People who buy term life insurance expect two things. First, the money must be paid, and second, it must be paid smoothly. The payment of the money depends on the declarations …
Many people have this habit of keeping track of their expenses. While not an uncommon habit, it has transformed avatars in recent years. People used to keep track of their spending on paper. But now there are hundreds of free apps that will do it automatically. Just search “Expense Tracker” in your phone’s app store …
Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …