A lot of people do not really think about retirement because they are focused on making money and climbing up ranks in their current company. Other than this, you have further goals like buying a house, or studying, etc. Therefore, there is no support for planning retirement as the world strives for a workforce, and not a retired section.

Did You Know that in India, income-based tax rates are different? Taxes are not due on income up to INR 2,50,000. The income tax rate remains 5% for income ranging between Rs. 2,50,000 and Rs. 5,00,000. The income tax rate changes to 10% once the income is between Rs. 5,00,000 and Rs. 7,50,000 and 15% for income ranging between Rs. 7,50,001 and Rs. 1,00,000, and so on. Before discussing how capital gains taxe is applicable on equities, it is important to understand what equity shares are in brief.

Prime Minister Narendra Modi launched the electronic voucher based digital payment system ‘e-RUPI’ in 2021, as a first step towards introducing digital currency in India. Developed by the National Payment Corporation of India (NPCI) with the support of the Ministry of Health and Family Welfare.

Health Insurance has been there for decades in India, but it has been limited to a small well-to-do section of the population. A majority of the underprivileged population, including a maximum of the rural population was not covered by health insurance, resulting in great financial burden on these people during illnesses and other health crises. This led to huge debt traps for the vulnerable people.