Finance and Economy

India plans to Increase living Wages by 2025 Instead of the Minimum Wage

India plans to Increase living Wages by 2025 Instead of the Minimum Wage

By 2025, India plans to replace its minimum wage system with a living salary. Reportedly, the government has asked the International Labour Organisation (ILO) for technical assistance in developing a framework for estimating and implementing the living wage. The decision was made in response to an agreement reached during a February Meeting of Experts on …

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Collective Investment Fund

What is a Collective Investment Fund (CIF)?

An example of a pooled investment vehicle is a Collective Investment Fund (CIF), which enables several participants to pool their money and use it to purchase stocks, bonds, and other assets. A team of managers or a professional investment manager oversees CIFs, making choices about investments on behalf of the fund’s investors. While they may …

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Save Tax in New Tax Regime

How to Save Tax in New Tax Regime

There are possibilities and challenges for taxpayers to maximize their tax savings with the introduction of the new tax framework. To minimize taxes and optimize financial well-being, it is imperative for both individuals and enterprises to comprehend the subtleties of the new system. In summary, navigating the new tax system calls for meticulous planning and …

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Investing Tools for the Indian Stocks Market

Best Investing Tools for the Indian Stocks Market

Software or platforms known as investing tools are created to help investors make well-informed choices on the purchase, sale, and management of their investments. They give users access to research reports, analytical tools, real-time market data, and occasionally even automated trading features. Due to their ability to assist investors in trend analysis, risk assessment, portfolio …

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What is Monetary Policy

What is Monetary Policy? Decoding Its Meaning, Types, Goals and Tools!

The steps a central bank takes to control the money supply and accomplish macroeconomic goals including price stability, full employment, and economic growth are referred to as monetary policy. The primary duties of the Reserve Bank of India’s Monetary Policy is to carry out monetary policy in order to affect interest rates, credit availability, and …

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Electoral Bonds from Top 20 Donors

6,000Crores Fund Generated via Electoral Bonds from Top 20 Donors, How much more funds awaits?

Since the now-banned Electoral Bonds were introduced in early 2019, yet the top 20 donors had contributed approximately fifty percent of all contributions, according to statistics that the SBI provided to the Election Commission. Based on data provided by the State Bank of India (SBI) to the Election Commission of India on March 14, the …

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AMFI released reports for March 2024

All You Need To Know About AMFI March 2024 Assessment

The Association of Mutual Funds in India, or AMFI, is a self-regulatory body that keeps an eye on the mutual fund sector in India. In addition to educating investors and working to safeguard their interests, it encourages mutual fund companies to uphold professional and ethical standards. AMFI is essential to the regulation of the mutual …

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Which Life Insurance Policy Should You Buy

Which Life Insurance Policy Should You Buy?

A life insurance policy is a contract that an insurance company enters into with a policyholder, whereby the insurer agrees to pay a predetermined sum of money in return for premiums paid on a regular basis, at the policyholder’s death, or after a predetermined amount of time. The 2 types of Life Insurances are :-1. …

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