APY vs NPS is a comparison of two major pension programs in India. APY stands for Atal Pension Yojana, and NPS is for National Pension System. Both initiatives are intended to provide financial security to Indian residents after they retire. In this comparison, we will look at the differences between APY and NPS, as well … APY vs NPS: Understanding the Difference and Choosing the Best Pension Scheme
Diversification is a key element of a good investment portfolio. As investors, we try to spread our funds across various asset classes like equity, debt, real estate, gold, etc. Even within each asset class, we try to further diversify to minimize risks. In equity investing, a known method of reducing risks is diversifying your equity portfolio … All you need to know about Index Funds
There’s a definite comfort in knowing that even if your health takes an unexpected turn, you and your family have a financial safety net. When money is tight, though, paying for both a life insurance policy and healthcare coverage each month can get tricky. As expenses start to mount, it can be tempting to drop one or the other … Life Insurance or Health Insurance: Which one should I get?
Your journey to a robust financial future begins with understanding how to attain a good credit score. Explore valuable insights, expert tips, and actionable strategies in our blog, “All You Need to Know to Get a Good Credit Score” on Lxme. Ready to elevate your creditworthiness? Dive into the blog: All You Need to Know … All you need to know to get a Good Credit Score!
Understanding your good moves, as well as identifying your mistakes, can be a great way to improve the way you manage money going forward. One of the best things you can do for yourself as the year winds down is to perform a financial year-in-review. Performing a financial review is an intentional, comprehensive effort that … The One Year-End Ritual You Need To Follow – Annual Financial Review
“Stay invested as long as you can!” is a common phrase you hear today. While that’s good advice, it can be gratifying to earn the returns while you can still enjoy them! No investment is complete without goals for yourself. Invest towards them for a certain period and you would have achieved a dream. Depending … How Long Should I Stay Invested?
If you are a working professional earning any form of income every month, it is time to usher in the upcoming financial year with a resolution to take charge of your money. To help decode the jargon, we have portioned out the basics in a handy, easy-to-understand guide. Read on and implement these on your own personal finances. Know … The Ultimate Guide to Tax Planning and Tax Filing for Women
The one thing everything money can buy has in common is the constant rise in their prices. But Inflation isn’t just what the government reports. Learn how Inflation really affects you. Year after year prices rise, decreasing the purchasing value of our money, causing budget changes and reminiscences of the good old days a la … Inflation: That’s Not All!
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 … Demystifying Income Tax: What Is Income Tax and How Does It Work?
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 … Income Tax Returns Made Easy: Your Comprehensive Guide
