How to Sort Your Finances in the New Financial Year
Money management is a key part of life, and getting your finances in order becomes even more crucial at the start of a new financial year. If you're looking for tips on how to manage your finances in 2023-24, this guide will help you get started.
Guide to Investing in Index Funds
Equity investing can be challenging and requires expertise, which is where fund managers come in. However, there is another category of mutual funds known as index funds, which take a simpler approach. Instead of trying to outperform the market, index funds track a specific index, such as the Nifty 50, and invest in the stocks that comprise that index.
Who is a Wealth Manager and Why Everyone Needs One?
We've all heard the saying, "Health is wealth." While this is true, your physical health is not the only form of wealth. The assets you own, such as cash, property, land, gold, shares, and bonds, are also considered wealth.
How Are Equity Mutual Funds Taxed?
The number of investors turning to equity mutual funds has been increasing constantly over the past few years. Many people see investing in mutual funds as a method to create long-term wealth. However, there is one element, apart from the Total Expense Ratio (TER) charged on your mutual fund investments, that also determines your eventual returns: taxes.
Tax Saving Schemes to Implement Before March 31st
With proper tax savings, you can save more of your hard-earned money. As the financial year draws to a close, it is important to look back at your tax habits and check if you have missed out on any outstanding payments.
