Maximizing Tax Savings: Strategies for Individuals Earning Above Rs 7 Lakh With tax-saving season underway, high earners are exploring avenues to minimize their tax liabilities. The Central Government has introduced tax exemptions for incomes up to Rs 7 lakh under the New Tax Regime, while the threshold stands at Rs 5 lakh under the Old … Read more
Money doubles on maturity by investing Rs 1000 In search of investment avenues offering both security and lucrative returns, individuals often seek options that ensure the safety of their capital. Recognizing the preferences of risk-averse and small investors, the government has introduced various small savings schemes, among which Kisan Vikas Patra stands out as an … Read more
Disadvantages of Investing in Fixed Deposits (FD): Things to Consider Before Investing Bank fixed deposits (FDs) have emerged as one of the most favored investment avenues in India, with many individuals opting for regular FD investments. The recent uptick in interest rates on FDs since May 2022 has further bolstered its appeal, attracting millennials and … Read more