Financial Success
Introduction Multi-Level Marketing (MLM) schemes have been around for decades, often promising financial freedom and the opportunity to be your own boss. However, they are also surrounded by controversy and skepticism. In this blog post, we’ll delve into what MLM schemes are, how they work, and the potential benefits and pitfalls associated with them, with […]
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Purchasing and maintaining a car in India involves several layers of direct and indirect taxes, significantly increasing the overall cost of ownership. In this post, we’ll break down the taxes borne by a car owner for both traditional and electric vehicles (EVs), assuming the cost of a traditional car is ₹700,000 and an electric vehicle […]
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The Ministry of Statistics and Programme Implementation has released the latest estimates for India’s Gross Domestic Product (GDP) for the second quarter (July-September) of the financial year 2024-25. This press release provides a comprehensive overview of the country’s economic performance, highlighting key growth metrics and sectoral contributions. Key Highlights Read to know What is GDP? […]
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On October 18, 2024, the National Stock Exchange of India Limited (NSE) issued a circular detailing significant changes to the contract sizes for index derivatives. This move, aligned with the Securities and Exchange Board of India (SEBI) guidelines, aims to enhance investor protection and market stability. Here’s a breakdown of what these changes entail and […]
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Investing in mutual funds is a popular choice for individuals seeking to grow their wealth over time. As investors navigate the complex world of mutual funds, understanding various performance metrics becomes essential. One such metric that plays a crucial role in evaluating the performance of mutual fund investments is XIRR, or Extended Internal Rate of […]
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