According to recent data released by the Income Tax Department, hardly 1% of the population in India pay their taxes. More than 5,000 individuals paid taxes of over Rs.1 crore. Most people seem to earn between Rs. 5.5 lakh and Rs. 9.5 lakh. Hooked? We have more astonishing stats!
Did you know that the rate of inflation directly affects your salary hike percentage? Well, it does! As our salary hikes are affected by inflation, our wallets could take a beating because of rising costs.
Will you be saving on your taxes this year? Apart from providing your dependents with an income guarantee in case of your demise, a Life Insurance plan can also you give you some relief from the tax man!
A Personal Loan is one of the fastest disbursed loans and requires minimum documentation. If you are looking for a Personal Loan, follow these tips to get the best interest rate.
We understand your love for travelling and therefore bring to you an extended list of places you can visit without a visa. Although most of us are unaware of this, the Indian passport ranks 59th in the list of most powerful passports. This rank implies that there are a total of 59 countries Indians can visit without the need to apply for a visa.
Technology has helped make Mutual Funds a popular investment option today. From investing in a fund to getting payment reminders and information about the fund value, you can do it all online on your smartphone or computer. It really is that simple.
Looking for the best option to save on tax and create long-term wealth? ELSS funds could be the answer. Here is our list of the Top 5 ELSS Funds you could invest in this year.
Financial Literacy is never given its due importance. The more financially literate you are, the better you can manage your money, especially your loans and investments. Here’s a short survey you can take to find out just how financially literate you are.
Home buyers, who kept quiet about project delays earlier, have now started filing cases against builders. However, if you follow some simple rules before choosing a project, you can avoid the hassle of filing a case. Here’s what you should watch out for.
Being able to pay off your Home Loan fully is a moment of extreme joy (tinged with relief, of course). Although all this excitement is justified, you also need to keep a couple of things in mind that are necessary to close your Home Loan properly.