08 Mar, 2023
A Guide for Salaried, Self-Employed, and Professionals As a taxpayer in India, it is important to understand your tax liability and fulfil it in a timely manner to avoid any interest and penalties under the Income Tax Act. Advance tax is one such component of tax liability that is applicable to not just corporates and […]
Read More27 Feb, 2023
Choosing the best SIP (Systematic Investment Plan) for a 3 to 5-year investment plan requires considering various factors such as the fund’s historical performance, the type of fund, the fund manager’s experience, the expense ratio, and the risk profile. Here are some mutual fund categories that are generally suitable for a 3 to 5-year investment […]
Read More27 Feb, 2023
The amount that you will have after 10 to 15 years of investing one lakh per month in a mutual fund will depend on various factors such as the rate of return, the type of mutual fund, and the fees and charges associated with the investment. Assuming an average rate of return of 10-12% per […]
Read More27 Feb, 2023
Introduction The Union Budget for the financial year 2023-24 was presented in the parliament on February 1, 2023, by the Finance Minister, Mrs Nirmala Sitharaman. The budget aims to accelerate the pace of economic growth and development in the country while also addressing the challenges posed by the COVID-19 pandemic. In this article, we will […]
Read More01 Feb, 2023
Overall, a budget provides a framework for making informed decisions about money, helping individuals and organizations achieve financial stability and reach their financial goals.
Read More01 Feb, 2023
A. Annual Financial Statement (AFS)The Annual Financial Statement (AFS), the document provided under Article 112, showsthe estimated receipts and expenditure of the Government of India for 2023-24 along with estimates for 2022-23 as also actuals for the year 2021-22. The receipts and disbursementsare shown under three parts in which Government Accounts are kept viz., (i) […]
Read More01 Feb, 2023
Minister of Finance February 1, 2023 Hon’ble Speaker, I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction 0-3 lakh Nil 3-6 lakh 5 per cent 6-9 lakh 10 per cent 9-12 lakh 15 per cent 12-15 lakh 20 per cent Above ` 15 lakh 30 per cent This […]
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