Understanding your take-home salary from a ₹12 LPA CTC involves accounting for your basic salary, allowances, and mandatory deductions such as EPF, taxes, and others. Here’s how you can estimate your monthly in-hand salary. Components of CTC Your CTC typically includes: Basic Salary: Generally 40-50% of the CTC. For a ₹12 LPA CTC, assuming 50%, …
Akshaya Tritiya, also known as Akha Teej, is a very important Hindu festival linked with prosperity, good luck, and new beginnings. This year, it will be celebrated on Wednesday, April 30, 2025. Why Akshaya Tritiya is Important? The word “Akshaya” means eternal or never-ending, and “Tritiya” means the third day in the lunar calendar. It …
The new tax year for Assessment Year 2025–26 has started, but many taxpayers are still waiting for updates on the Income Tax Return (ITR) filing process. As of now, the Income Tax Department has not yet announced the ITR forms required to start filing for the financial year 2024–25. Without these forms, taxpayers cannot begin …
A frequent question among mutual fund investors is: Does the date on which I start my SIP (Systematic Investment Plan) affect my long-term returns? Some prefer starting their SIP at the beginning of the month, while others delay it, hoping for better market timing. But what does data actually show? What the Research on SIP …
For decades, Dubai’s glittering Gold Souk has been a magnet for Indian and Iranian gold lovers, offering competitive prices and an unmatched variety of jewellery. But the dynamics are shifting quickly in 2025. Gold prices have skyrocketed, jumping more than 30% since the start of the year, and India’s recent decision to slash its gold …
Europe is one of the most sought-after travel destinations for Indians, with its rich culture, history, and diverse landscapes. Whether it’s exploring the romantic streets of Paris, admiring art in Florence, or relaxing on the beaches of the Greek Islands, a European vacation offers an unforgettable experience. However, planning a trip to Europe can be …
Looking to build long-term wealth with disciplined investing? A Systematic Investment Plan (SIP) could be your answer. By investing ₹17,000 every month, you can take advantage of the power of compounding to accumulate a sizeable corpus over time. Let’s use a SIP calculator to estimate how much wealth this investment can generate in 25 years. …
As the new financial year begins, it’s time to prepare to file your income tax returns (ITR) for FY 2024–25. Taxpayers can file their ITR online through the Income Tax Department’s website. Before doing so, it’s important to understand some key rules and gather all necessary documents. One important step is to choose between the …
Many of us have heard or said, “I need ₹10 crore, then life is set!” But is such a large amount really needed for financial freedom? The idea that only crores can make you feel financially safe is not always true. Financial freedom means living your life without stress, not just collecting big numbers. The …
Gold prices in Dubai change daily, influenced by global market trends, geopolitical developments, and currency fluctuations. Whether you’re looking to invest, buy jewellery, or simply stay updated, tracking these price movements can help you make smarter financial decisions. Here’s a look at today’s gold prices in Dubai. Dubai Gold Rate Comparison: Today vs. Previous …
