Since its launch on 1st July 2017, India’s Goods & Services Tax (GST) has been using four major tax slabs (5%, 12%, 18% and 28%), plus various cesses for “sin” or luxury goods. Over time, economists, industry experts, and tax-paying citizens raised demand for a cleaner and simpler tax system. Some common challenges were; To … Read more
India is often known as the “Diabetes Capital of the World”, with around 80 million people with diabetes in India. It could rise to 135 million by 2045. It has become the forefront of groundbreaking research suggesting that reversal-especially of type 2 diabetes. Recent studies have unveiled promising strategies ranging from lifestyle interventions to cutting-edge … Read more
Health insurance in India—a safety net meant to protect against unforeseen medical expenses—is facing a significant drop in subscriber confidence. Many policyholders are reevaluating their choices as they witness a rise in claim rejections, soaring premiums compounded by GST, and a maze-like claim process. Inadequate policy benefits, such as limited critical illness coverage and restrictions … Read more
India’s general and life insurance market is set for exponential growth, driven by regulatory support (Vision “Insurance for All by 2047“), increasing awareness about the importance of insurance and financial risk management, rapid urbanisation, a growing aspirational middle class, strong economic growth fueled by domestic demand, and the entry of both national and international corporations … Read more
Echoing the famous LIC slogan, ‘Jindagi ke Saath Bhi, Jindagi ke Baad Bhi‘, life insurance helps you remain a steadfast pillar of support for your family. It provides security while you are present and ensures that support continues even after unforeseen events may take you away. However, life insurance policies also offer lump sum maturity … Read more
“Insurance can help protect you from financial loss in an unexpected event, such as an accident or illness.” This simple statement carries immense weight, especially in today’s unpredictable world. From natural disasters to economic downturns and unforeseen health crises, life throws curveballs that can derail even the most meticulously planned financial futures. Yet, many underestimate … Read more
Retirement. That golden phase of life where the daily grind gives way to leisure, family, and pursuing long-cherished passions. But this idyllic picture can quickly fade if financial stability isn’t secured beforehand. In India, where the social security net is still evolving, meticulous retirement planning is not just advisable; it’s essential. This comprehensive guide will … Read more
Investing can be a daunting prospect, especially for those just starting. The stock market can seem like a complex and risky place especially at times like now when the market is in correction mode and experts suggest it will turn around in the new FY. It is easy to feel overwhelmed by the sheer amount … Read more
In the bustling lanes of Chandni Chowk, the serene backwaters of Kerala, or the tech hubs of Bengaluru, Gurugram, Hyderabad, and other corporate hotspots, one common thread weaves through the lives of many Indians: the weight of “karz,” or debt. From the small-time kirana store owner to the salaried professional, managing finances and escaping the … Read more
In the bustling tapestry of Indian life, the concept of “Jugaad” – a resourceful and innovative approach to problem-solving with limited resources – permeates every aspect of our existence. From fixing a leaky roof with a cleverly placed brick to crafting a delicious feast from meagre ingredients, Jugaad embodies the spirit of resilience, ingenuity, and … Read more
