Hello! You’ve undoubtedly heard of the CIBIL score if you’ve ever attempted to obtain a credit card or loan in India. This figure informs banks about your ability to repay loans. Consider it your financial report card! In the Indian context, let’s make it very simple to comprehend what a CIBIL score is, why it … Read more
One of India’s main tools in the fight against drug abuse, trafficking, and illegal trade is theNarcotic Drugs and Psychotropic Substances Act (NDPS ACT), 1985. This law, which was passed on November 14, 1985, tackles the growing threat of psychotropic substances and narcotic drugs, bringing India into compliance with international agreements while addressing domestic issues. … Read more
Introduction to Systematic Withdrawal Plan Mutual funds offer a feature called a Systematic Withdrawal Plan (SWP) that enables investors to take out a set amount or a set number of units from their investment at regular intervals, like monthly, quarterly, or yearly. It’s a calculated method of producing a consistent flow of income while preserving … Read more
Income Tax Return(ITR) is a crucial financial obligation for Indian taxpayers. To improve efficiency, increase transparency, and accommodate new tax laws, the Income Tax Department has implemented a number of updates for the Financial Year (FY) 2024–2025, which corresponds to the Assessment Year (AY) 2025–2026. Everything you need to know about filing your ITR for … Read more
Introduction The controversial question of when the President and governors must sign legislation passed by state legislatures was addressed by the Supreme Court of India on August 19, 2025, in response to a significant Presidential Reference under Article 143. Because it touches on the delicate balance of power between elected state governments and constitutional authorities, … Read more
Virtual Digital Assets or Cryptocurrency have gained immense popularity in India, with millions of investors trading Bitcoin, Ethereum, and other digital assets. However, the tax treatment of cryptocurrencies, classified as Virtual Digital Assets (VDAs) under Indian tax law, has introduced significant compliance requirements. Since the introduction of specific tax rules in the Finance Act 2022, … Read more
Introduction to Compounding The power of compounding is a game-changer for building wealth in India, where rising costs, ambitious financial goals, and economic growth shape the financial landscape. People often call it the “magic of money” because it lets your savings and investments grow at an exponential rate over time by earning returns on both … Read more
Introduction to the Arms Act The possession, use, manufacture, sale, and transfer of firearms and ammunition are all governed by the Arms Act, which is a fundamental component of firearms laws in many nations. The main law governing firearms in India is the Arms Act of 1959, which attempts to strike a balance between the … Read more
What is Tax Collected at Source (TCS)? As required by tax laws in some nations, like India, the seller collects taxes from the buyer at the time of sale of specific goods or services. This method is known as Tax Collected at Source (TCS). TCS was established under the Indian Income Tax Act of 1961 … Read more
Hi there! You’re not the only person who has been intrigued by blockchain technology and cryptocurrencies. Everyone seems to be talking about Ethereum, Bitcoin, or some new token that is “going to the moon.” What is it all about, though, and how can you begin without going broke? Instead of giving a lecture on finance, … Read more