Personal Finance - Angel One

The new financial year has already started from April 1, 2025, and taxpayers across India are preparing to file their ITR (Income Tax Returns) for the previous year. The Income Tax Department is expected to announce the filing forms for the financial year 2024-25 (Assessment Year 2025-26) soon. As the deadline gets closer, it is …

Step-up SIP can help a middle-class family fulfill their dreams. A typical father dreams of saving ₹1 crore for his daughter’s higher education, ₹75 lakh for her wedding, and ₹2 crore for his own retirement. This article explains how you can achieve this through step-up SIPs. Investment Plan with Step-up SIP He is currently investing …

Owning a home is a significant financial milestone for many individuals. Beyond providing shelter, a house often represents stability, security, and a sense of accomplishment. Whether the motivation is to start a family, avoid the uncertainties of rented accommodations, secure a property in a booming real estate market, or simply create a space that can …

With the buzz around the 8th Pay Commission gaining traction, much of the conversation has centred on the fitment factor, a critical multiplier that determines revised pay and pension for central government employees and retirees.  As per emerging reports, the fitment factor could range between 1.92 and 2.86. A lower multiplier such as 1.92 would …

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 …