Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana on December 9, 2024, a transformative initiative by the Life Insurance Corporation (LIC). This scheme is designed to empower rural women by providing them with opportunities to become insurance agents, fostering both financial independence and enhanced insurance awareness in underserved areas. The project envisions enrolling …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rohan’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rohan’s Annual Expense Amounts to ₹6 Lakh Age: 45 years …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rahul’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rahul’s Annual Expense Amount to ₹6 Lakh Age: 40 years …
Retirement planning is crucial, especially when inflation is a silent yet powerful force eating away at your purchasing power. In this article, let’s examine the situation using Rakesh’s example across three income-level scenarios. We have used Angel One’s retirement calculator for the analysis. Scenario 1: Rakesh’s Annual Expense Amounts to ₹6 Lakh Age: 35 years …
The Odisha government has disbursed the 3rd phase of the first instalment under the Subhadra Yojana, providing ₹5,000 each to over 20 lakh women. The initiative aims to empower women through direct financial support. Transfer of Funds and Key Figures The funds were distributed during a public event in Sundargarh, Odisha. Chief Minister Mohan Majhi …
The Subhadra Yojana, launched by the Government of Odisha, aims to empower women by providing financial assistance, raising awareness about their rights, and improving their health and education. Under this scheme, eligible women are granted ₹50,000 over 5 years to promote self-reliance and enhance their overall quality of life. This blog will guide you through …
The Subhadra Yojana is an empowering initiative launched by the Government of Odisha, aimed at enhancing the financial independence of women across the state. Announced by Prime Minister Narendra Modi on May 12, 2024, this scheme offers eligible women a total financial support of ₹50,000 over five years. By fostering self-reliance, it seeks to improve …
On Monday, Prime Minister Narendra Modi launched the Life Insurance Corporation’s (LIC) Bima Sakhi Yojana, a transformative initiative aimed at empowering rural women economically. The scheme focuses on providing rural women with the opportunity to work as insurance agents, helping them earn a livelihood while promoting awareness about insurance in rural areas. By targeting financial …
Vishnu is a 40-year-old IT professional who invested in fixed deposits and a few insurance products through most of his early adult life. Given the current situation of low returns on fixed deposits, he has been pondering about investment in mutual funds for potentially better returns that could multiply his wealth. Being a novice about …
The Goods and Services Tax (GST) system in India mandates that certain registered taxpayers, specifically those required to deduct Tax Deducted at Source (TDS), file GSTR-7 returns every month. The return captures the details of TDS deducted, paid, and payable, including any refund claims. While filing GSTR-7 is necessary for taxpayers involved in TDS deductions, …
