Author: Nisha Chawla

In this budget, the basic exemption limit can be increased from Rs 2.5 lakh to Rs 3 lakh. Due to this, money will come in the pockets of the people affected by job loss due to Corona. Budget 2022: Between the third wave of the COVID-19 epidemic and the assembly elections, the Union Budget 2022 is going to be presented on February 1, so the common man has many expectations from this budget. In Budget 2022, populist measures can be taken to appease voters due to assembly elections. Necessary steps should be taken by the government in Budget 2022 to…

Budget 2022: Tax experts say that the limit of section 80C should be increased in different tax-saving investments and expenses. Budget 2022: Individual taxpayers get exemption on various types of expenses and investments under Section 80C of the Income Tax Act 1961. Under the Income Tax Act, the benefit of tax exemption can be taken on expenditure and investment up to Rs 1.5 lakh. Under section 80C, the benefit of deduction is available on PPF, EPF, LIC premium, ELSS, children’s fees, principal amount payment of home loan, stamp duty and registration charges for purchase of property, etc. However, tax experts…

There are many such schemes in the market, where you get the benefit of tax on investing. However, while investing money, it should also be kept in mind that your money should not be blocked for a long time. Also, you can get high return on your investment. SBI Long Term Equity Fund: There are many such schemes in the market, where you get the benefit of tax on investing. There are many such schemes from post office, bank to capital market. However, most of the schemes also have lock-in rules, where money cannot be withdrawn before a time. Therefore,…

This budget is being presented at a time when the country is in the era of economic recovery after recovering from the corona virus epidemic. Macro conditions are improving rapidly in the country. There is a positive recovery in the growth indicators. In such a situation, the eyes are on the budget of every sector. Budget 2022 Expectations: Not many days are left for the presentation of the budget for the financial year 2022. This budget is being presented at a time when the country is in the era of economic recovery after recovering from the corona virus epidemic. Macro…

Senior Citizens Tax-Saving FDs: Senior citizens should compare the prevailing interest rates before investing their money in tax saving FDs. Senior Citizens Tax-Saving FDs: In Fixed Deposit, investors get guaranteed returns with low risk, hence it is very much preferred. One, the risk involved is low and at the same time it has the flexibility to choose different tenures. This is the reason why this method of investment is very popular among senior citizens too. Senior citizens generally prefer to invest in such a place, where their money is completely safe and it is not affected much by market volatility.…

Markets regulator SEBI has taken an important decision in the interest of investors. Now mutual fund companies cannot close any scheme of their own free will. Markets regulator SEBI has taken an important decision in the interest of investors. Now mutual fund companies cannot close any scheme of their own free will. SEBI has made the mutual fund rules strict to protect the interests of investors and now before closing any scheme, the approval of the unitholders i.e. investors will have to be taken. As per SEBI rules, now if mutual fund trustees decide to discontinue or prematurely redeem a…

Investment Tips: These five things must be taken care of while starting a SIP for the first time. Investment Tips: Mutual funds are one of the better options for first time investors. It can either be invested in a lump sum or you can invest your money through Systematic Investment Plan (SIP) at a time interval. SIP is one of the better options for first-time investors to get high returns with less risk. The biggest reason for this is that instead of investing more money in a lump sum, investment can be started with just Rs 500. In this, according…

Budget Dictionary: To understand the Finance Minister’s budget speech on February 1, it is necessary to understand the meaning of the words used in it. How to Understand Budget Speech: Union Finance Minister Nirmala Sitharaman will present the budget of the next financial year i.e. 2022-23 on the first date of next month i.e. February 1. The budget contains announcements to support the economy along with the details of the government’s earnings and expenditure during the financial year. In this, terms like fiscal deficit, disinvestment and balance of payment are used. In such a situation, to understand the budget, it…

Budget 2022 Expectations: Due to the epidemic, many people lost their jobs and some people’s income declined, so common people are looking towards the Finance Minister with great expectations. Budget 2022 Expectations: The countdown for the presentation of the budget for the next financial session 2022-23 has started and on February 1 next month, Union Finance Minister Nirmala Sitharaman can present the next budget. This will be his fourth budget. From the general budget to the special expectations are attached. This time too, since the budget will be presented in the shadow of the corona epidemic, it is expected that…

Retirement Planning: In these five ways, you can make your retirement better. You can increase the monthly pension by ensuring more money in the PF account. Retirement Planning: Most of the people depend on monthly pension to meet their daily financial needs after retirement. However, if you manage your life-long capital Employees Provident Fund (EPF) and gratuity with the right strategy, then your financial condition can be strengthened after your retirement. While planning for your retirement, focus should be on your lifetime savings. You can improve your retirement in these five ways and increase the monthly pension by ensuring more…