In the current global financial environment, the Reserve Bank of India (RBI) has kept the repo rate at 6 percent. of the total down from 8% recorded in April last year to 5%. However, several executives are increasing this Marginal…
Early retirement at the age of 40 is a dream for many working people who planning to achieve a financially independent early retirement. However, reaching this goal is not without a major silver lining and they are as follows; you…
Job hopping is always fun, but the important thing that one should not lose sight of is the retirement benefits. If neglected, your 401(k) may incur many unnecessary taxes and penalties that will cause diminution of your nest egg. Below…
Taking into consideration the Federal Open Market Committee meeting of August 27, 2019, at which they confirmed its policy stance, key documents containing valuable information about the global economy and about the Federal Reserve’s intentions as regards monetary policy are,…
Similarly, during the same financial year, rising competitions are reflected in the surge of New Fund Offers (NFOs). According to the data from the Association of Mutual Funds in India or AMFI, out of the twenty fresh equity and hybrid…
Chancellor Rachel Reeves responded to recent Conservative attacks and the government’s recent claims of appeasing ongoing strikes by stating that there would be “no blank cheques” for public sector unions. Although the Government has accepted the ‘single figure of percentage…
Introduction Since the Finance Ministry has recently constituted a specialized committee to review the possibility of bringing radical changes in, the Income Tax (I-T) Act, 1961, it is expected to undergo radical changes shortly. The panel is expected to be…
On Thursday the Uttarakhand assembly experienced tabling of the first supplementary budget for the current financial year pegged at ₹5,013.05 crore. This budget has massive provisions meant for the enhancement of developmental objectives of the common public, which reflects the…
