Everyone maintains a savings account for safety, convenience, and liquidity, on which you earn a small percentage of interest. But did you know that the interest on savings account is taxable? Understanding how the interest on savings account is taxed helps you plan your finances better. Don’t worry, it’s not as complicated as it sounds. … How is Interest on Savings Account Taxed?
The Employees’ Provident Fund Organisation (EPFO) has introduced important changes in 2025 to streamline the PF withdrawal process. These reforms are particularly beneficial for working women, offering enhanced flexibility and reduced unnecessary formalities and paperwork. Let’s break down the Advance PF Withdrawal Rules for you. Key Changes in EPFO Rules of PF Withdrawal Process for … New Advance PF Withdrawal Rules You Need to Know in 2025
The Mahtari Vandana Yojana launched by the Chhattisgarh government aims to promote the economic self-reliance of women in the state while ensuring continuous improvement in their health and nutrition levels. It seeks to strengthen their decisive role within the family, remove discrimination and inequality, and address the lack of awareness about women’s rights in society. … How to Apply for Mahtari Vandana Yojana: Step-by-Step Process
Losing a spouse is one of the most painful and emotional experiences a woman can face. Amid grief, there comes an unexpected wave of responsibilities, especially financial ones & during this situation, it’s very difficult to manage everything. Many women, especially in India, are not directly involved in family finances, making the journey even harder. … Standing Tall Again: What Every Woman Should Know About Money After Her Spouse Passes Away
Investing is no longer scary, it is easy if you learn and understand it. Today, more and more women are stepping up to take charge of their finances, and it’s empowering! If you’re new to investing, don’t worry. You don’t need to be a math genius or a finance expert to start. All you need … Top 10 Tips for First Time Investors
What Is a Business Loan? A business loan is money you borrow to start or grow your business. Business Loans can be availed from banks, NBFCs (companies that lend money but aren’t banks), or other places. Use it to buy stuff like equipment for your boutique, pay bills, or get a bigger shop. Knowing the … Business Loans: Eligibility, Interest Rates & Application Process
Let’s begin with the endowment plan meaning. An endowment plan is a type of life insurance policy that also includes a savings component. In simple terms: So, the endowment plan meaning lies in its dual nature — a mix of insurance and saving. However, at Lxme, we believe that insurance and investment should ideally be … What is Endowment Insurance Policy, Its Meaning and Types?
At Lxme, we’re all about helping women take control of their money, confidently. And what better moment to start than with your very first salary? Here are 5 smart purchases from your first pay check—choices that mix excitement with intention. If you’re thinking “what to buy with first salary” or looking for first salary spending … 5 Ideas on What to Buy with First Salary
With recent global conflicts, it is not just personal security that needs attention; equally, your finances. Personal financial readiness is very important. Unfortunately, many women who seem to play multiple roles tend to neglect this area. A financial emergency kit is not a luxury but a necessity. This guide is to build a women’s financial … Women’s Financial Emergency Kit: Your Power Plan in these Uncertain Times
If you’re a working woman—freelancing, running a small business, earning rent or interest income—you might have heard the term Advance Tax and wondered, “Is this something I need to pay?” Well, if your tax dues for the financial year exceed ₹10,000, the answer is yes. But don’t worry! In this guide we will take you … Tips to Pay Advance Tax Online Easily
