How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

Achieving the goal of accumulating a wealth of Rs 15 crore over 30 years may seem daunting, but with smart financial planning, disciplined saving, and the power of compounding, it’s within reach to make one’s retirement comfortable. Here is one of the ways how one can systematically work towards this financial milestone. The key to … Read more

No relief to middle class taxpayers as compared to corporates? FM Sitharaman counters Opposition

No relief to middle class taxpayers as compared to corporates? FM Sitharaman counters Opposition

Finance Bill 2024: Union Finance Minister Nirmala Sitharaman on Wednesday said that the government has successfully brought in a simplified tax structure. While replying to the discussion on the Finance Bill in Lok Sabha, FM Sitharaman said that the claim that corporate taxes are lower than the individual taxes claim is not well founded. While replying … Read more

Mutual Fund SIP vs Lump Sum Investment: Which is better for accumulating a multi-crore asset?

Mutual Fund SIP vs Lump Sum Investment: Which is better for accumulating a multi-crore asset?

Mutual Fund SIP: The Lok Sabha election result, where the Bharatiya Janata Party (BJP) got a slimmer majority, triggered a fresh correction in the market. On Tuesday, June 4, the day the counting took place, Sensex saw the sharpest drop in four years. During the intraday trading, the Nifty 50 declined sharply by nearly 1,900 points, … Read more

Ask Money Today: Where should I invest to buy house in 6 years, save Rs 3 cr for retirement?

Ask Money Today: Where should I invest to buy house in 6 years, save Rs 3 cr for retirement?

I am 25-year-old. I want to begin investing for two major goals in my life — to buy a house and my retirement. My risk profile is moderate. I am okay with investing in small caps as well. Details of my two goals are as below: 1.     Buy a house in the next six years: … Read more