Personal Finance - Angel One - Page 122

Government jobs in India are often associated with stability, structured hours, and work-life balance. One of the key aspects that aspirants and employees consider is the number of working days in a week. The structure may vary slightly depending on the department, type of government job (central or state), and office-specific policies, but some standard …

When planning for retirement, two popular investment options come to mind: Systematic Investment Plan (SIP) and the National Pension System (NPS). Both are market-linked schemes that offer the potential for significant long-term growth. While SIP allows you to invest in mutual funds through a fixed monthly contribution, NPS is designed to help you save for …

In India’s dynamic financial environment, understanding the nuances of how loan inquiries affect your credit score is essential for maintaining financial stability. Whether you are applying for a credit card, a personal loan, or a home mortgage, every inquiry plays a role in shaping your credit profile.  A low credit score can severely restrict access …

The Subhadra scheme is a flagship initiative by the Government of Odisha aimed at financially empowering women, improving their socio-economic status, and promoting their safety and well-being. Under the Yojana each eligible woman will receive ₹10,000 annually, with ₹5,000 as the first instalment and ₹5,000 as the second. The amount will be directly credited to …

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 Session  …

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%, …