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 …
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 …
Vihaan, a clothing store owner in Hubballi, wanted to buy a luxury bungalow. However, he lacked the money to fulfill his dream. Impressed by the crazy profits that his friends were making with cryptocurrencies, he also decided to invest in this new digital asset to reach his goal faster. However, one morning he woke up …
The legal mandate to tax digital assets in this year’s budget speech was indeed a welcome and motivating move for the entire digital asset industry and the Web 3.0 market. While a flat 30% tax rate on profits from trading virtual digital assets (VDAs), announced by the Secretary of the Treasury, appeared to be a …
A credit score is a statistical number that evaluates the creditworthiness of an investor or consumer. It is based on the person’s credit history. Today, lenders focus on creditworthiness to measure the likelihood that a person will pay off his debts. A person’s credit score can range from 300 to 900, and the higher the …
Personal loans are one of the most viable ways to meet your sudden financial needs. The amount guaranteed by this type of loan can be used for various purposes. This includes paying for tuition, wedding expenses, vacations, and even coverage for medical emergencies. Helps you make rush payments with ease. Personal loans also pay off …
What is SIP and its advantages? A systematic investment plan is commonly known as a SIP. In this plan, you can regularly invest a fixed amount in your preferred mutual fund system. A fixed amount is debited from your savings account each month. This amount is then invested in a mutual fund of your choice. …