Education is the key to unlock the world and a passport to freedom, to be an independent person and is one element that helps earn respect and the most essential ingredient for a person’s successful Life. Every parent would want to give their child the best when it comes to schooling and education so thatRead More
Interim Budget 2024 Highlights
Budget 2024 … No Change & Rest We May see in MAY 2024… after the elections… Budget 2024 – “As for tax proposals, in keeping with the convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct taxes and indirect taxes including importRead More
Should you Become a Loan Guarantor?
Sometimes your friend or family may approach you to become a guarantor of the loan. Should you go for it? Any problems being a credit guarantor? Mostly, a loan guarantor is required for unsecured loans. These loans are unsecured means apart from documents, no property or assets are kept as mortgages for the loan. ButRead More
Which is better – Sensex or Nifty?
It has always been a question in the minds of investors if there is a return difference between Sensex and Nifty. Thank god… now we have 25-plus years of data to know Which is better Sensex or Nifty? Both have created a new milestone this month (Dec 23). Sensex crossed the 70000 mark and NiftyRead More
Reasons for Insurance Claim Rejection
Facing a situation where your insurance claim got rejected or denied…it can be frustrating and confusing. However, it’s crucial to remember that Insurance Claim Rejection can happen for various reasons, and understanding them can help you navigate the process effectively. In this article, we will explore common reasons why insurance companies reject claims and provideRead More
How Parents Can Reduce TCS on Foreign Remittance on Education
We all know, that starting October 1, 2023, the new TCS (Tax Collected at Source) has increased for remitting money abroad from India under the Liberalized Remittance Scheme (LRS). These will increase the burden of TCS on Foreign Remittance on Education. Is there a way out to minimize this tax burden by proper planning orRead More