The Vibe Journal: Finance Blogs

In the Interim Budget 2024–2025, Finance Minister Nirmala Sitharaman unveiled the Solar Rooftop Scheme, also referred to as the PM Surya Ghar Muft Bijli Yojana. She affirmed in Budget 2024–2025 that the program would give up to 300 units of free electricity per month to 1 crore families. Under this program, more than 1.28 crore …

Green financing is all about funding projects that help the environment. It supports eco-friendly initiatives like renewable energy, sustainable farming and energy-efficient buildings. With climate change concerns growing, green finance plays a big role in building a cleaner future.  Read on to get an overview of what green financing is, pointing out some possible benefits …

Imagine powering your home or office using just sunlight—clean, renewable and cost-effective. That’s exactly what rooftop solar power offers! With rising electricity costs and a growing push for sustainable energy, more people are shifting to rooftop solar panels to generate their own power. But how does it actually work? Is it worth the investment?  Read …

Ever heard of a ‘Money Mule’ scam? It’s when scammers trick people into using their bank accounts to move money for illegal activities — often without them realising it. The Reserve Bank of India (RBI), through its campaign RBI Kehta Hai, wants to make sure you stay informed and protected from such financial traps. What’s …

The Income Tax Act of 1961 is the foundation of India’s taxation system. It is vital to understand how taxes are applied, collected and enforced nationwide. Introduced by the Indian Parliament, this important legislation affects everyone—from salaried individuals to big businesses. Whether you’re a taxpayer, a business owner, or a financial professional, understanding the ins …

With digital advancements, investing in mutual funds is now super easy. Whether you choose a Systematic Investment Plan (SIP) or a lump sum investment, making payments on time is important. However, remembering to pay every month can be difficult. It is time-consuming and may lead to missed investments. This is where One Time Mandate (OTM) …

Sun has always been a source of life for each living creature. Solar panels can harness the energy from the Sun, making home electricity cheaper, conserving power, or generating home electricity for homes that lack the utility grid. But for that, anybody interested in knowing how solar panels work and the pros and cons of …

While fixed deposits are a secure option to earn interest, you must pledge a significant amount for sizeable returns. This may restrict access to your savings, which may become a problem in case of emergencies. To solve this issue, banks introduced a sweep-in fixed deposit facility.  With this option, you can earn interest while maintaining …

More and more investors are becoming aware of mutual funds as an option to grow their savings and wealth. However, it is not yet common knowledge that these funds can be invested differently. One such type of mutual fund is a direct mutual fund, which is quickly growing in popularity among investors.  Its outstanding benefit …

A Systematic Investment Plan is one way to avoid making a lump sum investment; instead, you can deposit a budget-friendly amount periodically. With time, your budget is sure to increase as your income grows. This is why understanding the meaning of Step-up SIP is crucial for financial planning.  With this kind of SIP, you can …