Creating a monthly budget is an essential step in managing your finances effectively. It helps you understand where your money is going, how much you’re saving, and ensures you’re living within your means. If you’re just starting out, budgeting might seem a little intimidating, but with a simple step-by-step approach, it can be very manageable. Here’s a guide to help you create … [Read more...] about How to Create a Monthly Budget? (For Beginners)
Jane Sheeba
Understanding the Unified Pension Scheme (UPS): A Comprehensive Guide to Eligibility, Benefits & Returns
On August 24, 2024, the Central Government announced a landmark initiative—the Unified Pension Scheme (UPS). This scheme, set to be implemented from April 1, 2025, is expected to bring significant changes to the retirement landscape for approximately 23 lakh Central Government employees. Below, we explore the details of this newly introduced pension scheme, including its … [Read more...] about Understanding the Unified Pension Scheme (UPS): A Comprehensive Guide to Eligibility, Benefits & Returns
Small Savings Schemes: Exploring PPF, NSC, Sukanya Samriddhi Yojana, SCSS, and Kisan Vikas Patra
Small savings schemes are a cornerstone of financial planning for many Indian households, offering safe and stable investment options backed by the government. These schemes, available through post offices and select banks, are designed to cater to the needs of small and retail investors who seek assured returns without the volatility of market-linked investments. The … [Read more...] about Small Savings Schemes: Exploring PPF, NSC, Sukanya Samriddhi Yojana, SCSS, and Kisan Vikas Patra
Youth Ideathon 2024: Igniting Young Minds for India’s Future
The Youth Ideathon is India's largest innovation and entrepreneurship competition exclusively designed for school students. Launched by ThinkStartup, Management Entrepreneurship Professional Skills Council (MEPSC) in collaboration with the Central Board of Secondary Education (CBSE), this platform aims to cultivate a new generation of problem-solvers and innovators. Since … [Read more...] about Youth Ideathon 2024: Igniting Young Minds for India’s Future
Gold Exchange and GST: A Comprehensive Guide to Navigating Your Investment
Gold has long been a favored investment choice for Indians, offering a hedge against inflation and market volatility. However, understanding the tax implications, particularly the GST levied on gold transactions, can be complex. Let's break down the nuances. Understanding GST on Gold India, as of now, imposes a 3% GST on the purchase of new gold, which includes jewelry, … [Read more...] about Gold Exchange and GST: A Comprehensive Guide to Navigating Your Investment