When you’re offered a ₹8 lakh per annum CTC, it doesn’t mean you’ll receive that amount in cash. Your actual take-home depends on how your salary is structured—especially basic pay, allowances, and deductions like EPF and tax. Let’s walk through the breakdown. Components of ₹8 LPA CTC Your CTC (Cost to Company) includes various parts: …
Planning to buy a car and thinking of financing it with a loan? Understanding how much you’ll pay in Equated Monthly Installments (EMIs) can help you plan better. In this article, we’ll break down the EMI and total interest cost for car loans of ₹5 lakh, ₹7 lakh, and ₹10 lakh at a 10% annual …
लाखों केंद्रीय सरकारी कर्मचारियों के लिए एक स्वागत योग्य कदम में, वित्त मंत्रालय ने ड्रेस भत्ते पर अपनी नीति में संशोधन किया है, जो 7वें वेतन आयोग के तहत लाभ संरचना का एक महत्वपूर्ण हिस्सा है। यह भत्ता, जो पहले साल में केवल एक बार दिया जाता था, अब साल में दो बार दिया जाएगा। …
Gold prices in Dubai shift daily based on international trends, currency exchange fluctuations, and market sentiment. For investors, tourists, or jewellery buyers, keeping track of these prices is essential. Here’s a snapshot of the latest rates in AED and INR. Dubai Gold Rate Comparison: Today vs. Previous Session Below are the gold prices in Dubai …
The 4% rule is a retirement planning guideline that suggests: You can safely withdraw 4% of your retirement corpus annually (adjusted for inflation each year) to ensure that your money lasts. It originated from a 1994 study by William Bengen, a U.S. financial planner, based on historical data of U.S. stock and bond returns. The …
Travel is no longer considered a luxury, it’s a lifestyle goal. Whether you’re planning a relaxing vacation, an adventurous trip, or a family getaway, expenses can add up quickly. If you are planning to get a personal loan to cover your travel expenses, then you must be aware of the monthly EMIs. In this article, …
In an era where financial security is becoming increasingly important, government-backed investment schemes provide a safe and dependable way to grow wealth, save for retirement, or secure your family’s future. These schemes are not only backed by the Government of India but also offer attractive interest rates, tax benefits, and long-term financial advantages. Whether you’re …
As the time to file Income Tax Returns (ITR) for Financial Year 2024-25 begins, it’s important for taxpayers to understand certain key sections of the Income Tax Act, 1961. These sections help individuals calculate their taxes correctly, make use of deductions, and select the right tax regime. The Income Tax Department has already released the …
Buying gold jewellery is a big investment. But sometimes, buyers are tricked into buying fake or low-purity gold. To protect consumers, the Indian government made hallmarking compulsory for all gold jewellery. A hallmark shows the purity or fineness of gold and ensures that you are getting what you pay for. What is HUID? Each piece …
Many aspiring investors dream of building a ₹10 crore corpus, but often face a practical dilemma: Should one invest a large sum upfront or commit to a monthly SIP? Both paths tap into the power of compounding, yet the mechanics and timeframes differ. The journey to that milestone depends on when and how the money …
