Finance Blogs

In 2018, the Government of India launched Ayushman Bharat Yojana – a transformative healthcare initiative aimed at providing financial protection to millions of vulnerable households.  Being the world’s largest government-funded scheme, it aims to achieve Sustainable Development Goals (SDGs) and the vision of Universal Health Coverage (UHC) by covering over 55 crore beneficiaries. However, to …

Learning the steps to run a TDS check is crucial for all taxpayers. It allows you to manage your tax liabilities and file accurate returns. Know that TDS stands for Tax Deducted at Source. It’s a tax that employers, banks and other entities deduct before disbursing the funds to your account. Tax deductors or collectors …

Knowing how to prepare a budget is one of the essential life skills that can help you manage your finances. Budgeting allows you to spend your income to meet all your needs effectively. Moreover, a proper budget helps you to cut unnecessary costs and save more to secure your financial future. Read on to learn …

Saving money with some planning is easy but being financially healthy involves more than that. It includes building funds for emergencies, investing for better growth, avoiding spending beyond your means and more.  However, everyone has different goals and preferences. As such, there is no one-size-fits-all solution that answers the question of how to stay financially healthy. …

Making wise financial decisions is important to safeguard your future. Whether the decision is investing in stocks or buying a cup of coffee every day, these can affect your financial health in the long term. However, there are many variables to consider and budgeting alone isn’t enough.  Here are some tips to make smart financial …

Thanks to a growing economy, you have ample passive income ideas in India to explore to augment your wealth. No matter who you are, starting a passive income stream is beneficial, especially if it requires minimal involvement or monitoring. These income sources can also serve as ways to work toward retirement goals. Read on to …

Capital receipts are non-business income that either reduces the assets or increases the liabilities of a business. Simply put, these are receipts for income generated through occasional capital activities and not routine operating activities. It is also a written record of payment made in exchange for goods or services. Because of the capital nature of …

An income certificate is an official document that shows your annual income from all sources. It is needed for government schemes, subsidies, reservations and fee concessions. You can now easily download income certificate online in just a few minutes through your state’s portal. It is issued by authorised officers like the tehsildar or collector. Keep …

Smart financial planning is crucial for all young professionals because of fluctuating financial standing and inflation rates. Doing so enables you to:  Save for financially demanding times Build a fund for retirement Grow your wealth Saving from your income Invest additional funds regularly Build better saving habits Provide security against inflation and more With these …