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SALARY INFLATION
Earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon? CA warns why your savings still look smallCA Nitin Kaushik warns that earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon does not guarantee strong savings. He says lifestyle i...- IITian earning Rs 1 crore had to borrow Rs 15,000 to pay income tax. His CA shares a financial lessonCA Pratibha Goyal shared on X that one of her IITian clients, who has earned over Rs 1 crore annually for five years and owns three houses,...
- India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
- Planning for your child's higher education? Deepak Shenoy shares a roadmap to build over Rs 1 crore corpusRising education costs necessitate early financial planning for parents. Disciplined investing and compounding can build a substantial educ...
- Your salary isn't wealth. It's just survival until your money starts earning for you, says CACA Nitin Kaushik says a salary alone does not create wealth. In a post on X, he explained that spending most of your income on lifestyle ex...
- Invest at 25, not 40? Entrepreneur Ankur Warikoo shares 5 money habits that may be keeping you poorMany professionals struggle to save money despite earning more income, claims entrepreneur Ankur Warikoo. Blind spending without a budget d...
- AI is reshaping hiring, making evidence-based verification more critical: Millow's Karan BhattyAI is revolutionising Indian hiring by enhancing candidate preparation and employer verification processes. Companies now prioritise eviden...
- How a Meerut slum woman masterminded a Rs 357 crore income tax return fraud from a 25-sq-yard homeThe Income Tax Department has uncovered a large tax refund fraud racket. A 30-year-old woman allegedly created fake deductions worth crores...
- Is your employer delaying deposit into your NPS? Know how it can impact youGovernment departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS contributions will incur interest c...
- High rent, low savings, uncertain jobs: Why is Gen Z returning home to live with parents? All you need to know about the ‘boomerang generation’Gen Z adults are returning to family homes, reversing a long-standing migration trend. Soaring urban rents and stagnant wages drive this si...
- Rs 1,800 EPF vs 12% of basic pay: Choosing Rs 1,800 monthly contribution can increase your in-hand salary, but is it worth?Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay bu...
- 8th Pay Commission HRA calculator: Can HRA go up to Rs 1,93,000/month? HRA estimates for Level 14-18 employees at 2.0, 2.1, 2.28, 2.57 fitment factors8th pay commission calculator: The 8th Pay Commission has concluded its Kolkata meetings and extended the employee data submission deadline...
- For investors with high risk-appetite: 5 mid-cap stocks from different sectors with upside potential of up to 21%Brace for trouble. The US-Iran conflict now appears to be gaining in intensity and the commodities market is taking the current spiral of v...
- Rs 12 LPA and stress-free vs Rs 27 LPA and trapped: Two friends reveal the truth about lifestyle inflationAnkit Pandey shared the contrasting financial journeys of two college friends, one earning Rs 12 LPA and another Rs 27 LPA. While the lower...
- Best quote of the day by Marcus Aurelius: The only wealth which you will keep forever is ..." The timeless Stoic life lesson that can make you really richFamous quotes on life lessons: A 2,000-year-old quote from Marcus Aurelius redefines wealth for modern India. It suggests that lasting rich...
- I want Rs 1 lakh/month from my Rs 1.15 crore PF and gratuity corpus; how should I invest?ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and expect Rs 20 lakh as gratuity. I hav...
- Bengaluru CA, ex-KPMG employee, thought Rs 1 crore would make her rich. She was wrongHigh salaries do not guarantee financial freedom as lifestyle expenses often increase. Meenal Goel notes that income alone does not determi...
- 'It's a gold-plated trap': CA's viral post says Gurgaon's Rs 2-lakh EMI homes are just an illusion of wealth created for neighboursA chartered accountant highlighted Gurgaon's luxury lifestyle as debt-driven. High-earning professionals face large EMIs, trapping them in ...
- The real reason India's middle class can't get ahead financially and it's not their salary
- Savings rate vs investment returns: Why saving more matters more in the early yearsYoung investors should prioritize saving more money consistently. A higher savings rate builds a stronger investment base for future growth...
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