BuildYourFinance The Government of India has simplified GST in 2025. Instead of four slabs (5%, 12%, 18%, 28%), now there are only two major GST rates – 5% and 18%. Essentials like food, medicines, school supplies, and health insurance are either GST-free or taxed at just 5%, while luxury goods such as cars, tobacco, and five-star … Read more
What is our Two-Phase SIP Calculator? A Two-Phase SIP Calculator is a smart financial tool designed for Indian investors who want to estimate their wealth creation not just during their Systematic Investment Plan (SIP) years, but also during the growth (holding) phase after SIP ends. Unlike a normal SIP calculator, this tool helps you understand … Read more
Calculate Your Total Leave Encashment Unused Leave Balance (days): Monthly Basic Salary + DA (₹): Calculate Frequently Asked Questions (FAQs) 1. Is leave encashment taxable? Yes, for private sector employees it is partly taxable. For government employees, leave encashment is fully exempt under Section 10(10AA) of the Income Tax Act. 2. How many days of … Read more
Just keeping your money under the mattress is not sufficient, as its value continues to erode. If you cannot save big bucks, start with as little as Rs1000. The only way to keep ahead of inflation is to invest, No matter how small it is. Do you recall when Rs 10 used to get you a full plate of samosas ten years ago? Now, you may be lucky to get one piece. That’s inflation. It nibbles away at your money gradually. Merely keeping your money … Read more
Are you worried when markets crash? Thinking of stopping your SIP? Wait! Read this before you decide. Building strong investments means not just saving money, but also learning how to invest even when markets are down. In fact, some of the best investment opportunities arise when others are thinking of stopping their investments due to … Read more
Long gone are the days of manual budgeting using excel and guesswork investments! This is an era of AI Powered Apps for Smart Money Management. It is gradually transforming how we manage our money—from auto-tracking expenses to predicting market trends. With over 750 million smartphone users across India and growing fintech adoption, AI is no … Read more
In today’s scenario, money management is more important than ever. Whether you earn a small salary or a big package, if you don’t know how to build your personal finance, you may struggle to meet life’s needs and future goals. But don’t worry—this guide will show you simple steps to grow and protect your money, … Read more
Why The Psychology of Money Should Be Your Next Read? If you’ve ever wondered why some people accumulate wealth effortlessly while others struggle despite high incomes, The Psychology of Money by Morgan Housel is the book you need. Unlike traditional finance books that focus on numbers and strategies, this one dives deep into the behavioral … Read more
SBI JanNivesh SIP is a mutual fund investment plan which is launched by SBI Mutual Fund in collaboration with the State Bank of India. It is designed to encourage people to start investing with very small amount. Especially, those from small towns and villages. Benefits of SBI JanNivesh Features of SBI JanNivesh Who should invest … Read more
A Loan EMI (Equated Monthly Installment) Calculator is a free online tool that helps borrowers estimate their monthly loan repayment amount based on the loan amount, interest rate, and tenure. It provides a clear breakdown of the total repayment, showing how much goes toward the principal amount and how much is paid as interest. Loan … Read more
