How rupee cost averaging in Mutual Funds works

Rupee Cost Averaging (RCA) helps you to buy more when costs are low & buy less when the costs are high.

House Rent Allowance calculation with examples for salaried, self-employed for AY 2024-25

HRA calculation for AY 2024-25 (FY 2023-24): House Rent Allowance is a significant component of a salaried employee's income.

Investment Rule of 72 vs Rule of 114 vs Rule of 144 – Explained

Investment Rule of 72, Rule of 114 and Rule of 144 help estimate how many years it will take for an investment to double, triple or quadruple.

How to switch mutual funds? Know cost, key factors and tax implications

Switching mutual funds can optimize returns, but consider exit loads, lock-in periods, and tax implications carefully.

Why is salary slip important for employees?

A salary slip is a vital document providing income details, deductions, and benefits for employees and employers.

How to teach money to kids: 5 ways

Teaching children about money at a young age helps them succeed in the future. Use interesting activities and set excellent examples.

What is portfolio overlapping in mutual funds?

Investors face portfolio overlap issues as multiple mutual fund schemes hold similar stocks, compromising diversification efforts.

Difference between Exemption, Deduction and Rebate in Income Tax

Understanding income tax complexities like deductions, exemptions, rebates and TDS is crucial for determining taxable income.

SIP vs Mutual Fund Lump Sum Investment: Know the difference

Know the difference between SIP and mutual fund lump sum investment. Both are different ways of investing in mutual funds. Comparison here