Investing Insights

Budget 2024: What to Expect – Tax Exemptions, Deductions, Change in Slabs or Status Quo?

With the new Government in place and the continuation of Nirmala Sitharaman as the Finance Minister, the Union Budget is expected to be presented in July 2024. The expectations from the Finance Minister are running high from all sections of taxpayers. In this article, we will look at what can a common man expect from the budget.

Visual representing mutual fund tax changes after Budget 2024, including capital gains and taxation impact.

Mutual Fund Taxation: Changes After Budget 2024

During Budget 2024, the Finance Minister rationalised and simplified long-term capital gain (LTCG) taxation across asset classes. Two major announcements were made for the same.

A person using a stylus to point at a rising arrow and percentage symbols on a digital screen beside a yellow piggy bank, representing how interest rates and market movements impact debt mutual fund returns.

Three Things That Could Surprisingly Affect Your Debt Mutual Fund Returns

The 95 Lakh Crore Fixed-Deposit base in India is witnessing an exodus these days. With key FD rates falling to near 6 per cent levels, more investors are turning to debt mutual fund investments to park their low risk funds.

A laptop displaying a detailed financial dashboard with charts and data metrics, illustrating the research and risk assessment required for alternative investment options.

Alternative Investments Are Booming: Be Aware of the Risks Before Investing

In the last few years, some fintechs have brought alternative investments within the reach of retail investors. Earlier, these opportunities were limited to specific investors like corporates, HNIs, family offices, etc. As alternative investments are accessible to retail investors, they have become popular in the last few years, and continue to grow at a fast pace. Before taking the plunge into alternative investments, retail investors should weigh the risks and rewards properly. So, what are some of the alternative investments available, and the risks that they carry?

upward gold arrow showing the record high silver prices, with silver bars in the foreground

Silver Prices Are at a Record High: Should You Invest?

In April 2024, the silver prices made headlines by crossing all-time highs to touch Rs. 85,000 per kg. Silver has the dual benefit of being a precious metal and industrial metal. High inflation and geopolitical uncertainty have boosted the demand for precious metals.

Illustration showing how credit card reward points can be used to book free flight tickets for travel and vacations, highlighting smart use of credit card benefits.

How can credit card rewards help you book flight tickets for your vacation?

Family vacations are one of the best ways to take a break from your busy work schedule, rejuvenate yourself, and return to work with a fresh start. Many people realise the importance of vacations and have included 1-2 vacations in a year as part of their goal list.

Person seated at a table with a model house, piggy bank, and blocks spelling “SAVE,” representing ways to save money on a home loan

Ways of Saving Money on a Home Loan

Purchasing a house with a home loan is one of the biggest financial commitments an individual makes during their lifetime. Usually, a home loan tenure ranges from five to thirty years. The longer the tenure, the higher the interest amount an individual pays.