Whenever you are planning an international gateway, you most likely focus on choosing the perfect destination, looking for the best accommodation and activities to indulge in, etc. While these are essential to having a memorable trip, people often tend to overlook yet another crucial aspect of having a hassle-free travelling experience, travel insurance. Travel insurance ...
Budget 2025 has introduced significant changes to the taxation system, including key reforms affecting House Rent Allowance (HRA). Previously, salaried individuals benefited from HRA exemptions under Section 10(13A) of the Income Tax Act. However, the latest budget proposes changes that could impact how employees claim HRA benefits. In this article, we analyze what has changed ...
The Union Budget 2025 has introduced significant tax relief for salaried individuals and taxpayers, ensuring zero tax liability for those earning up to ₹12.75 lakh per annum under the new tax regime. This change aims to simplify tax compliance, encourage middle-income savings, and offer a higher take-home salary. With this new provision, individuals earning up ...
Investors worldwide are constantly seeking opportunities to diversify their portfolios and achieve higher returns. Among these opportunities, unlisted shares have emerged as a unique asset class, offering access to early-stage companies, high growth potential, and portfolio diversification. But what exactly are unlisted shares, and how can platforms like Precize simplify the investment process? Let’s explore. ...
Systematic Investment Plans (SIPs) are a powerful tool for long-term wealth creation. By investing a fixed sum regularly, typically monthly, into mutual funds, investors can benefit from rupee-cost averaging, which helps mitigate the impact of market volatility. Data from [Source: AMFI (Association of Mutual Funds in India)] shows that over the past 10 years, the ...
Filing your Income Tax Return (ITR) is a crucial annual task, and choosing the correct ITR form ensures compliance while avoiding unnecessary complications. With multiple forms catering to different taxpayer profiles, understanding which ITR form is right for you in 2025 can save time and reduce errors. What Are ITR Forms? ITR forms are government-issued ...
In 2025, effective salary restructuring combined with proactive tax planning can help employees significantly reduce their tax liability while achieving better financial stability. This involves optimizing your salary components to maximize exemptions and deductions under the Income Tax Act. A strategic approach to restructuring ensures both compliance and higher take-home pay. What is Salary Restructuring? ...
Many people think about early loan pay-off when they have extra money, from savings or an unplanned windfall. Prepayment isn’t always advantageous, though, and the choice you make and the result you desire depend on many variables. While thinking about prepayment of your Rs. 5 lakh personal loan, you must consider the following important factors: ...
Unexpected financial situations can arise anytime in life and can take your peace away. This is the time when you need instant money to pay off your financial emergency. An instant loan app is the best way to ensure that you have enough funds when anything arises. Since regular loan applications can be time taking ...
When travelling overseas, travel insurance is a must-have safety measure that provides peace of mind by shielding you from unanticipated accidents. Having the appropriate travel insurance guarantees that you are protected in the event of medical crises or airline disruptions. However, selecting the best coverage might be difficult due to the abundance of possibilities. Thus, ...