Personal Finance

An emergency fund should be created to cover essential expenses during financial hardships and unforeseen events.

The capital gain tax on gold and silver depends on whether you have invested in ETF form, gold and silver ETF fund of funds, physical gold and silver, or Sovereign Gold Bonds. Know the tax rules here.

A look at mutual funds that have delivered stability and returns consistently over the past several years.

Investing Rs 40,000 per month into a SIP for a period of 10 years adds up to a substantial Rs 48 lakh over a decade. But the final outcome depends mainly on the annual returns.

SEBI superseded earlier provisions on scheme classification and consolidated a revised structure aimed at ensuring funds remain "true-to-label," while accommodating new asset classes and strategies.

A long-term horizon allows even modest monthly investments to grow substantially due to the power of compounding.

Deepak Sood, a senior member of the IRDAI addressed the "InsureInd" organised by CII in Kolkata andpushed insurers to evaluate the value delivered across products, channels and business lines.

While both promise savings, they work very differently in practice. Understanding how each one fits into your spending habits can make a noticeable difference to your monthly budget.

Starting with just Rs 10,000 a month, disciplined investing in mutual fund SIPs can help you build a retirement corpus of Rs 5 crore over time. Here’s how it works.

Planning to invest Rs 10 lakh? Here are three smart investment options for a more rewarding financial strategy.

Here's the roadmap to build a Rs 1-crore corpus if you start at the age of 35 and have an annual income between Rs 6 and Rs 12 lakh

A Rs 10-lakh inheritance can grow differently depending on whether you invest in SIPs, fixed deposits or stocks.

While both SIPs and lump sum investments have their own advantages, they react differently over the years due to a combination of factors like market volatility and timing of investment.

Building a Rs 10 crore corpus in 30 years through SIP is an ambitious yet achievable goal.

The 4% rule for early retirement may not seem suitable for the Indian context due to multiple factors like higher inflation and rising healthcare costs.

As an individual taxpayer, if you are a risk taker, do not mind earning market-linked returns, and are filing tax under the Old Tax Regime, there are certain worthwhile investment avenues.

Writing a will while you are young offers protection for loved ones and peace of mind.

A lump sum amount provides an immediate boost, while monthly SIPs in mutual funds make sure that there are consistent inflows that grow steadily over a long-term horizon.

With an SWP, you can generate a steady monthly income while earning returns on the remaining corpus.

The revised DA will also apply to part-time teachers, part-time contingent employees, and re-employed pensioners, based on their pay, the order said.