How to Calculate Advance Tax and Avoid Penalties in India
To run the country smoothly, the government needs a steady flow of revenue throughout the year. Since income tax is a major source of this revenue, relying on tax payments…
NPS Tier 1 vs Tier 2 – Which is Better for Your Tax Planning?
In 2004, the Government of India introduced the National Pension System (NPS) as a long-term savings scheme designed to provide individuals with financial security after they retire. Initially, only government…
What are Alpha and Beta in Mutual Fund?
While researching investments like stocks and mutual funds, you’ve probably come across terms like alpha and beta. These two measurements are among the many essential factors that help investors understand…
How SIPs Are Taxed and What You Need to Know
The Indian mutual fund industry is surpassing new heights as more investors turn to Systematic Investment Plans (SIPs) to create wealth. As more and more people become aware of the…
India’s Consumption Divide: 100 Crore People Struggle with No Discretionary Spending Power
A recent report by Blume Ventures has revealed a staggering economic disparity in India: approximately 100 crore Indians lack discretionary spending power, meaning they have little to no financial capacity…
Equity Savings Schemes Funds: Definition, Types, Taxation & Benefits
Equity savings mutual funds are a solid middle ground for investors looking for steady returns without taking too much risk. For some investors, pure equity funds can be too risky,…