Manking Personal Finance Easy
As World Savings Day is celebrated, a pressing concern is emerging: India’s household savings rate is declining amid tough economic realities. According to the National Accounts Statistics 2024 of the Ministry of Statistics and Program Implementation (MoSPI), household net savings have fallen by a huge margin. ₹9 trillion over the three years leading up to…
Although there were no mega deal announcements in the just ended quarter, Indian IT companies leveraged their partnerships with top clients to put up a strong show. From generating revenue from additional requirements from existing customers and restarting customers’ backlog projects to acquiring top clients, IT companies have been executing these incremental works with finesse….
The first budget of Prime Minister Narendra Modi’s third term has been met with disdain by the newly strengthened opposition. While the Congress has been sharply critical, the INDIA bloc allies are unanimous that this is a “kursi bachao (save the seat)” budget. The term was coined by Mamata Banerjee’s Trinamool Congress, said Samajwadi Party…
Look what’s clicking on FoxBusiness.com. A new attempt to move credit card users to a digital statement will now come with a fine for those who don’t want to comply. Major retailer credit card companies have quietly implemented a $1.99 fee if you want to continue receiving paper statements. One of the biggest offenders is…
If you are a new credit card user, make sure your income is much higher than your total bill. It is not unusual for some credit card users to accumulate large bills that far exceed their monthly income. As a result, they could find themselves in a debt trap. So while a credit card is…
New Delhi, the Competition Commission of India (CCI) on Tuesday approved Singapore’s sovereign wealth fund Temasek and Apax Partners to acquire an additional stake in Thoughtworks Holding Inc. Thoughtworks is a global technology consultancy providing IT consultancy and application implementation and managed services. “CCI approves the proposed combination involving the acquisition of an additional share…
India’s economy is expected to reach $10 trillion by the end of this decade (2030) and in a decade, touch $15 trillion by 2034, Union Commerce Minister Piyush Goyal said on Thursday and emphasized on improving the quality of life of citizens. . Currently, the size of India’s GDP is estimated at around $3.7 trillion….
When you sell your old jewelry to buy a new piece of jewelry, you are expected to pay capital gains tax on the sale. It is vital to note that the sale of gold, even for the purpose of purchasing a new piece of jewelry, is considered the sale of an old asset. In Budget…
Did you receive an expensive gift from someone this Diwali? It could be an expensive watch, a rare painting, a piece of jewelry or even a pair of branded shoes. Although a gift is generally considered tax-free, its value is greater than ₹50,000, it is subject to income tax in the hands of the recipient….
