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SALARY AND SAVINGS
She lives in Yellowstone, but once had a corporate job earning $75,000 in Chicago: 26-year-old learns why sometimes earning less still makes financial senseA 26-year-old woman walked away from a $75,000 corporate job in Chicago and moved to Yellowstone National Park to work as a seamstress. Her...
You might be losing out on money in your savings account: Here's how monthly vs quarterly interest credit impacts your bank balanceWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
EPF wage ceiling: SC says plea needs no further hearing as Cabinet raises limit to Rs 25,000A plea concerning the Employees Provident Fund wage ceiling was dismissed by the Supreme Court. The Cabinet's recent decision to raise this...
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the governmentIn a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees ...
₹25,000 EPF wage ceiling: What employees need to know about EPF, EPS and EDLIThe Employees Provident Fund Organisation has introduced a new wage ceiling of Rs 25,000, which will directly influence the contributions m...
Will your in-hand salary decrease after wage ceiling hike? Know why employers can't recover higher EPF contribution from these employeesThe EPF wage ceiling limit has been increased to Rs 25,000 with effect from September 17, 2026. However, this does not mean that every empl...
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linke...
EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impactedIn a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh work...
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefitThe enhanced wage ceiling, approved by the Cabinet on Wednesday, will put additional financial burden on employees and the government while...
EPFO wage ceiling hike may cover up to 1 crore more workers: Union Minister Mansukh MandaviyaThe EPFO wage ceiling has been increased to Rs 25,000 per month. This change is expected to bring between fifty lakh and one crore new bene...
How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
Bengaluru CA took a Rs 1 crore home loan for 30 years. She shares how Rs 4,000 extra a month could save Rs 42 lakhBengaluru CA Meenal Goel explained how small, consistent home loan prepayments could potentially reduce interest costs significantly. Her p...
He earns Rs 3.2 lakh a month but saved just Rs 25,000: CA reveals how his client could build Rs 2.75 crA 38-year-old earning Rs 3.2 lakh monthly was saving only Rs 25,000, CA Paaras Gangwal revealed on X. His financial plan included Rs 72,000...
'Don't keep your money in...': Before you turn 30, Bengaluru CA says you should know these 5 money rulesBengaluru CA Meenal Goel shared five money rules she wishes she knew at 25. She advised checking EPF contributions regularly, adding nomine...
India’s new middle class money problem: Rs 50 lakh net worth by age 30, but he still feels poor. Financial skill issue or mindset problem?A 30-year-old married man and his wife have built a combined net worth of Rs 50 lakh and earn around Rs 2.2 lakh a month, yet he says he st...
Gen Z seem richer than they really are, claims Bengaluru man: ‘They splurge Rs 500 on avocado toast but can’t buy…’; studies say it’s not mindless spendingGen Z are more likely to splurge big on treats such as avocado toasts and matcha tea than buy a home or a car. This is not just mindless bu...
- ₹2.5 lakh salary but 84% vanishes before month starts: 29-year-old married Bengaluru professional shares what looks like a story of every third corporate worker
Despite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card pa...
How is Gen Z affording iPhones, cafés and weekend plans on Rs 30,000-50,000? CA explains the uncomfortable truthCA Nitin Kaushik explains why Gen Z’s expensive-looking lifestyle does not necessarily indicate higher wealth. iPhones, branded sneakers, c...
Salary jumped from Rs 50,000 to Rs 1.5 lakh? CA warns you may be upgrading the wrong things and falling into a wealth trapCA Nitin Kaushik warns that a higher salary does not automatically create wealth if expenses rise alongside income. He advises upgrading fi...
You don’t need a Rs 2 lakh salary to be financially stable: CA shares important money habits that matter more than how much you earnCA Nitin Kaushik shared eight money habits that can help people build financial stability without earning a huge salary. He recommends trac...