Manking Personal Finance Easy
I am a retired bank employee. My total annual income is around 15 lakhs which consists of pension, LIC annuity, house rent and interest on fixed deposit. I have the advantage that one percent are ex-staff and half are senior. I also get 8.2% on SCSS. If I open a HUF and transfer my fixed…
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state colleagues, will meet on February 18. “The 49th meeting of the GST Council is scheduled to be held on February 18, 2023 in New Delhi,” the GST Council said in a tweet on Friday. The 49th meeting of the GST Council will…
Those who have grown up watching Doordarshan, those who read Amar Chitra Katha, those who have heard the lyrics sung at home, have seen many interpretations of the epic Ramayana in folktales and during the Ram Leela performed in small and big cities. . In fact, Dussehra and Diwali are celebrated in India as the…
File photo of Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council | Photo credit: PTI Renowned author and economist Bibek Debroy, who served as chairman of the Prime Minister’s Economic Advisory Council since 2017, passed away on Friday (November 1, 2024) at the age of 69. Mr Debroy was also a member of…
All retirees must submit a living certificate annually to continue receiving their pensions. The entry period opens today, November 1, for people under the age of 80. There are around 69.76 lakh central government pensioners. Retirees must submit the certificate directly to banks, post offices or other designated locations. If the life declaration is not…
India’s Foreign Portfolio Investors (FPIs) marked the highest ever monthly sell-off and disbursed a whopping Rs 1,13,858 crore through the stock exchanges in the month of October. However, they remained active buyers in the primary market this month. Contrary to the massive sell-off in the secondary market, the FPIs invested Rs 19,842 crore in the…
As the Indian stock market is undergoing rapid changes across all segments, mutual fund investors need to position themselves strategically. Given the current macroeconomic environment, maintaining a spirit of diversification is crucial. Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Private Limited, emphasizes the importance of a balanced allocation between large, mid and small cap…
The creator economy has the enormous potential to emerge as a disruptor of the Indian economy and impact job creation for millions of influencers. The influencer market has not only made its presence felt in every nook and cranny of India but has also boosted economic growth. The ever-increasing rise of the Indian creative economy…
For most credit card users, one of the most common use cases is buying goods now and paying for them at a later time, such as a month later. Shopping online or offline using a credit card without worrying about the price tag is what defines the main utility of a credit card. Meanwhile, not…
Indian companies are increasingly turning to Generative AI (GenAI) to maintain their competitive advantage in an era of rapid technological advancement. According to Deloitte’s State of Generative AI Report (India Perspective), Indian organizations are prioritizing innovation through AI, driven by both internal and external pressures. The report highlights that more than 95% of respondents feel…
