Personal Finance - Angel One

Over the past few days, many banks—both public and private—have slashed the interest rates offered on savings accounts. In some cases, these rates now hover below 3%. While savings accounts are seen as a secure way to park idle money, this trend raises a critical question: Are you actually losing money by keeping funds in …

For most salaried individuals, the Employees’ Provident Fund (EPF) is a reliable and disciplined way to build retirement savings. With an interest rate of 8.25%, it remains one of the best debt-oriented investment tools.  But with the introduction of the new income tax regime, many are unsure about the tax implications on PF contributions and returns. In this article, …

India is currently one of the fastest-growing major economies and is seen as a strong investment destination globally. Many Non-Resident Indians (NRIs) are now investing in India for better wealth creation opportunities. Why NRIs Prefer Mutual Funds Mutual funds are popular among NRIs because they offer diversification, are cost-effective, and come in various types, catering …

Buying a house is a big dream for many Indians—and usually a once-in-a-lifetime decision. But before jumping in, you need to ask: Should I stretch my budget to buy a ₹40 lakh house, or stick to a more affordable ₹30 lakh one? Let’s help you decide by comparing the financial commitment, risks, and long-term impact of …

The 20-20-20 rule is a popular heuristic in the world of systematic investment. It refers to investing ₹20,000 per month, for 20 years, at an assumed return of 20% per annum — the result being a corpus of ₹6 crore or more. While 20% annualised returns are aggressive and historically uncommon across entire market cycles, …

Buying a car can be an exciting milestone, and for many, a car loan can make it possible. Whether you’re eyeing a budget-friendly hatchback or a compact SUV, understanding your monthly EMI (Equated Monthly Installment) obligation is key to making an informed decision. In this article, we’ll break down the EMIs for car loans of …

Did you know nearly ₹2 lakh crore is lying unclaimed in India’s financial system? This includes money left behind in bank accounts, post office savings, insurance policies, EPF (Employees’ Provident Fund), mutual funds, and stock market investments. This money was earned over the years of hard work, but many families don’t even know it exists. …

The National Pension System (NPS) has crossed a major milestone in FY2024-25. More than 12 lakh private sector individuals joined the scheme this year, bringing the total number of subscribers to over 165 lakh by March 2025. This shows a rising trend in retirement planning among private sector workers. NPS Vatsalya Encourages Early Planning  A …

More than 1.7 lakh women who have not yet received the first 2 instalments of the Subhadra Yojana will get their payment on April 24. Deputy Chief Minister Pravati Parida announced this on Saturday. These beneficiaries had applied by the March 31 deadline but did not receive the money due to various issues. Special Event …

As the new financial year begins, taxpayers are preparing to file their ITRs (income tax returns) for FY2024- 25 (AY2025- 26). Many people are also comparing the old and new tax regimes to choose the best option for saving taxes. While the old tax regime still offers more deductions and exemptions, the new tax regime …