Finance

Haryana CM Saini Retains Key Portfolios Of Home, Finance In Govt Allocation

21 Oct 2024

Days after the swearing-in of a new government, Haryana Chief Minister Nayab Singh Saini retained several key departments, including Home and Finance, as cabinet portfolios were allocated to the Council of Ministers on Sunday. The Chief Minister took charge of Home, Finance, Excise and Taxation, Planning, Town & Country Planning...

The role of AI & technology in enhancing security in banking & finance

28 Aug 2024

In the world of banking and finance, security isn't just a priority—it's a necessity. With increasing threats and sophisticated cyber-attacks, financial institutions are turning to artificial intelligence (AI) and technology to stay ahead. Let's explore how AI is transforming security operations and enhancing protection in this critical sector. First off,...

Why Saving Money In Your 20s Is A Master-Step To A Seure Retirement?

06 Aug 2024

“Try to save something while your salary is small; it’s impossible to save after you begin to earn more.” – Jack Benny As someone in their 20s, we understand how challenging it can be to navigate an economy with high housing costs, rising grocery and medical bills, and various other...

Budget 2024: Gold Shines With Import Duty Cuts, Middle Class Rejoices With Tax Relief

23 Jul 2024

Finance Minister Nirmala Sitharaman, in her Union Budget 2024 speech on Tuesday, announced significant cuts in import duties on gold and silver. This move is aimed at enhancing domestic value addition in gold and precious metal jewelry. Key Announcements Gold and Silver Import Duty Cut The import duties on gold...

Microsoft Outage: How the Global Tech Problem Affected Various Sectors

20 Jul 2024

On July 20, 2024, a major tech problem happened when an update from CrowdStrike caused a flaw in their 'Falcon Sensor' software. This led to a big crash in Microsoft systems worldwide, causing many Windows PCs to show the 'Blue Screen of Death.' The outage affected many industries around the...

Budget 2024: Six Key Income Tax Benefits for Taxpayers to Watch Out For

18 Jul 2024

As Budget 2024 approaches, taxpayers can look forward to several potential changes that could ease their financial burden. Here are six key income tax benefits expected to be announced by Finance Minister Nirmala Sitharaman on July 23: Standard Deduction The standard deduction, which was first introduced at ₹40,000 in the...

New KYC Rules: Why Aadhaar Is The Key to Smooth Investments

12 May 2024

Starting April 1, 2024, new KYC (Know Your Customer) rules for mutual fund investors have been implemented. Under these rules, investors must be "KYC Validated" to invest in any mutual fund scheme without additional paperwork. Those with "KYC Registered" or "KYC Verified" status can retain their current investments but need...

India’s E-Commerce Market To Skyrocket to 5 Billion by 2030

India’s E-Commerce Market To Skyrocket to $325 Billion by 2030

29 Apr 2024

Invest India projects a promising outlook for India's e-commerce landscape, forecasting a substantial surge to $325 billion by 2030, aligning with a digital economy set to reach $800 billion in the same period. With India boasting the world's second-largest internet user base of 881 million, the country is poised to...

Why your 20s are the best age to start saving?

07 Feb 2024

As you navigate the exciting journey of your 20s, there's no better time than the present to lay the groundwork for a secure and prosperous future. Here's why your 20s are the ideal age to start saving and investing for long-term financial success. 1. Compound Interest Magic: One of the...

Mastering Finances with 50-30-20 Rule

07 Feb 2024

The 50-30-20 rule, also known as the budgeting rule, divides your after-tax income into three distinct categories: essentials, lifestyle choices, and savings/investments. It has gained popularity by helping numerous people by providing a blueprint as a means to manage finances. 1. 50% for Essentials: The first pillar of the 50-30-20...

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