For the first time, the income tax deadline has been pushed all the way to September 15th. If you’re still navigating the maze of forms and documents, you’re not alone. And if you’ve seen the ads for Jio Financial Services and Tax Buddy‘s collaboration to file your ITR for just ₹24, you’re probably wondering if…
A Mumbai resident with a high salary was recently hit with a tax notice after claiming a large House Rent Allowance (HRA) in their Income Tax Return. Their employer accepted the HRA claim without verifying the supporting documents submitted for TDS. However, the individual lacked valid evidence for the claim and faced penalties, forcing them…
Life is a fragile thread, woven with moments of joy and sorrow, strength and vulnerability. We often hear the phrase, “Life is unpredictable,” but only when tragedy strikes does the true weight of those words sink deep into our hearts. The recent calamity—the crash of Air India’s Boeing 787 Dreamliner—serves as a stark, painful reminder…
Ah, life! Isn’t it just grand when your biggest financial dilemma is whether to splurge on that artisanal coffee or save for a slightly bigger vacation? We happily ride the gentle waves of economic normalcy, meticulously planning for retirement, perhaps eyeing a new gadget or a quaint little cottage. The news might occasionally whisper of…
Corporate actions, such as bonus shares and stock splits, often generate significant excitement in the stock market. Many traders, even those with lots of experience, sometimes make the mistake of buying shares just before an important date, hoping to make quick money. However, the truth is that a stock’s price doesn’t automatically go up just…
We’ve all heard the advice: park your emergency fund in a safe, accessible place. For many, a Post Office Term Deposit (POTD) seems like the perfect solution. It’s government-backed, offers attractive interest rates, and feels incredibly secure. But what happens when that security becomes a cage, and a real emergency hits? Let’s break down the…
Let’s face it—teaching young people today about saving money and understanding the difference between what they want and what they really need can feel like hitting a brick wall. This generation has grown up in a world where everything is quick and easy—same-day delivery, one-click online shopping, and easy payment plans. They also face job…
Bringing a dog into your life is one of the most rewarding decisions you’ll ever make. My own journey with my dogs—Rooster, the energetic Labrador; Arcelor, the loyal German Shepherd; and Google, the food-obsessed Basset Hound—taught me the joy, love, and occasional chaos of pet ownership. But along with the cuddles and companionship comes responsibility,…
Rohit was in a hurry. His friend was waiting at the petrol station, and he needed to send ₹2000 for fuel. Fumbling with his phone, he typed the UPI ID `rahul123@oksbi` instead of `rahul321@paytm`. A quick tap, and the money was gone. It was only when his friend called asking, “Bro, payment bheja?” that a…
Mutual funds CAN be transferred to family before death—without demat! Learn the new, simpler process to gift SoA units directly. Avoid inheritance delays & disputes. Inheritance planning is often fraught with uncertainty. Many believe their legal will guarantees a smooth transfer of assets, but delays, disputes, or legal hurdles can leave loved ones waiting—or worse,…
