Demystifying Income Tax: What Is Income Tax and How Does It Work?
Still confused about how to calculate your income tax? Worry no more! In this article, we will tell you all that you need to know about Income Tax. Your income tax is levied based on a slab system. Different tax rates have been prescribed for different slabs and these tax rates keep increasing with an […]
Income Tax Returns Made Easy: Your Comprehensive Guide
Explore the intricacies of filing income tax returns with our comprehensive guide featured on LXME. Uncover valuable insights, practical tips, and expert advice to navigate the complex landscape of taxation in India. Ready to decode the tax process? Dive into the blog: Decoding Taxation in India. 📊 It’s that time of the year again! Does […]
Mind your money: Spend wisely
In a world where there is temptation at every corner and add to that the ease of online shopping and credit cards, it is hard to be wise about spending. However, the truth is that we cannot begin the journey of saving enough and becoming rich until we tame this elephant! In this section, we […]
Understanding the Impact of 0.005% Stamp Duty on Mutual Funds | LXME
Investing in mutual funds is a popular choice for many, offering a diverse range of investment options. However, there’s an important factor that investors need to consider – the stamp duty. In this informative guide, we delve into the world of stamp duty on mutual funds, exploring what it means for your investments and financial […]
No fail ways to Maximise your Earnings
Lady, just by being a woman, chances are that you earn less than a man in the same role as you! This is called the Gender Pay Gap and is a proven statistic. As a country, we rank 108th in the Gender Pay Gap and earn about 20% less than men (Source World Economic Forum- […]
What are emergency funds and why should everyone have one?
Emergency funds, as the name suggests is your safety net against financial disruption. This disruption could be as a result of a medical emergency or illness, job loss, or any untoward accident which results in loss of regular income. Why are emergency funds the first goal of a good financial plan? The idea of creating […]
Decoding five common income tax notices
A mail from the income tax department can trigger anxiety. But so long as you have no intention of hiding your income, it’s just a question of understanding why what the notice means and resolving it! Filing tax returns has become as easy as logging onto the e-filing portal. Once the return is filed, you […]
#WeddingShenanigans: Rent-a-Fashion
“I have nothing to wear”, came a wail from 26-year-old Kusha’s room minutes after she shrieked with joy about her best friend’s wedding slated to be a month away. There were two more weddings coming up and Kusha was still recovering from last season’s spending. How much can you spend on attire you’ll probably wait […]
When Is A Job Really Worth Flying Out Of The Nest?
A job is the end game to the (at least) 18 years of education. All this while you’ve been sheltered at home. But now you’re an adult, and the world’s spoils beckon. Also, following a 7:30 pm curfew at 21 can be… er… Either that, or an opportunity you cannot refuse knocks. Moving out isn’t […]
4 Ways to Prevent Those Steep Medical Bills
Does the thought of falling seriously sick make you shiver with fear, all because medical treatment costs an arm and a leg? Chin up. There’s hope yet! While the cost of healthcare can vary tremendously depending on where you live, dealing with illness and injury is always a major expense. While there’s no way to […]