Introduction It needs skill to deal with the complex field of income creation, spending, and tax requirements while managing personal finances. Income and tax calculators are now essential tools in the digital era for anybody looking to maximize their financial planning techniques. Now let us examine five main advantages of…
A positive growth trajectory has been forecasted for the Indian economy propelling the other segments to be a part of this growth journey. After the reveal of the Economic Survey 2023, Chief Economic Adviser V Anantha Nageswara forecasted a positive outlook for the Indian economy for the next few years….
Cash has traditionally been the main medium of transaction. However, this is getting tough competition from plastic money, especially credit cards. These cards have emerged as a useful mode of transacting whether online or offline. They are not only convenient but safe too and offer several advantages over using cash. …
Punishment for tax fraud is not a joke. Every year, the government punishes several people for crimes related to tax. Today, punishment for tax fraud is similar to the civil penalty. However, there are a few cases in which taxpayers could get criminal charges. Those cases are the ones when…
The home you live in is more than just a mere roof over your head. It is a reflection of your style, and abode for those your love, and one of your life’s most valuable assets. Therefore, it is extremely important to have home insurance to secure your property in…
A Self-Directed Individual Retirement Account (SDIRA) allows you more investment options than a traditional IRA. However, the IRS prohibits certain types of transactions and investments. You should, therefore, acquaint yourself with the prohibited transactions and restrict yourself from them. What is a Prohibited Transaction? When you make any transaction that…
