Financial Infographics
The Herd Mentality in Investing
Ever felt the urge to follow the crowd when investing? That’s herd mentality at play. Let’s explore its impact with some eye-opening facts! A study by Barber and Odean found that individual investors who follow the herd tend to earn
The Influence of Fear of Missing Out (FOMO) on Investment Decisions
Making investment decisions based on FOMO? Explore how the fear of missing out impacts your financial choices! Fear of missing out (FOMO) is the anxiety that others are experiencing something desirable that you are not. While investing, this bias can
The Role of Optimism Bias in Investment Decisions
Are you overly optimistic about your investments? Understand how optimism bias can skew your financial strategies! Optimism bias is a cognitive bias that causes individuals to believe they are less likely to experience negative events and more likely to experience
Understanding Income Tax Slabs
1. What Are Income Tax Slabs? Income tax slabs define the progressive tax rates applied to different income ranges. As your income increases, the applicable tax rate also increases—a system aimed at equity and fairness in taxation. 2. Old Regime
The History Of Income Tax In India
Ancient Beginnings Mentioned in Manu Smriti, with traders & artisans paying ~20% of income; agriculturists paid between 1/6 and 1/10 in kind. Kautilya’s Arthashastra (~230 BC) introduced structured taxation: fixed rates (e.g. 1/6 for farmers), progressive slabs, scheduled payments, tolls, export/import
What is Income Tax ?
What is Income Tax Income tax is a portion of your earnings that you pay to the government. It’s used to fund vital services like healthcare, education, infrastructure, and national security. TAX – Let’s Start Simple! Think of income tax
Form 16 vs Form 26AS: Know The Difference Before Filing Your ITR
Filing your Income Tax Return (ITR) can feel overwhelming, especially when you’re unsure about the different forms involved. Two of the most crucial documents in this process are Form 16 and Form 26AS. While Form 16 is issued by your
Tax-Saving Investment Options
Not all tax-saving options are the same.From ELSS to PPF, NPS to FDs, each option comes with its own benefits, risks, and lock-in periods. ELSS (Equity Linked Saving Scheme)• Lock-in: 3 years (Shortest!)• Returns: Market-linked (10–12% avg)• Tax Benefit: U/S
How To File Your ITR Online
Filing your ITR online? Here’s a quick step-by-step guide to help you do it right! Why E-File ITR?Convenient & secure: File from anywhere via the official Income Tax portal or a trusted platform.Refunds faster, errors minimized.Mandatory for many-don’t risk penalties!
Know Your Taxable Income Sources!
Understanding the different sources of taxable income is the first step to smart tax planning. Whether you’re earning a salary, renting a home, or trading in stocks, each type of income is treated differently by the tax department. Salary Income:Income
The Influence of Overconfidence
Are you overconfident about your investment skills? You might not be alone. Overconfidence can skew our financial decisions. Check out this surprising stat! According to research, 74% of men believe they are above-average investors, compared to 56% of women. Fact:
The Herd Mentality in Investing
Ever felt the urge to follow the crowd when investing? That’s herd mentality at play. Let’s explore its impact with some eye-opening facts! A study by Barber and Odean found that individual investors who follow the herd tend to earn
The Influence of Present Bias on Financial Decision Making
The Influence of Present Bias on Financial Decision-Making Are short-term desires clouding your long-term financial goals? Explore the psychology of present bias today! Present bias refers to the tendency of individuals to prioritize immediate rewards over long-term benefits, even when
The Role of Confirmation Bias in Financial Decision Making
Are you filtering information to confirm your beliefs? Explore the psychology of confirmation bias today! Confirmation bias is the tendency to search for, interpret, and favor information that confirms one’s preexisting beliefs or hypotheses, while giving disproportionately less consideration to
The Influence of Fear of Missing Out (FOMO) on Investment Decisions
Making investment decisions based on FOMO? Explore how the fear of missing out impacts your financial choices! Fear of missing out (FOMO) is the anxiety that others are experiencing something desirable that you are not. While investing, this bias can
The Role of Optimism Bias in Investment Decisions
Are you overly optimistic about your investments? Understand how optimism bias can skew your financial strategies! Optimism bias is a cognitive bias that causes individuals to believe they are less likely to experience negative events and more likely to experience
Investment Decision Paralysis: Overcoming Fear for Financial Growth
Studies reveal that 60% of investors experience decision paralysis due to the overwhelming number of choices, leading to inaction. Decision paralysis can prevent you from making timely and beneficial investment decisions, resulting in missed opportunities. Simplifying your decision-making process and
#FF11 Behavioral finance explores how psychology affects investor decisions.
It challenges the traditional assumption of rational decision-making in economics by examining why and how people make irrational financial choices. that #FF11 Behavioral finance explores how psychology affects investor decisions. The Power of Loss Aversion-Did you know that people tend
Understanding Income Tax Slabs
1. What Are Income Tax Slabs? Income tax slabs define the progressive tax rates applied to different income ranges. As your income increases, the applicable tax rate also increases—a system aimed at equity and fairness in taxation. 2. Old Regime
The History Of Income Tax In India
Ancient Beginnings Mentioned in Manu Smriti, with traders & artisans paying ~20% of income; agriculturists paid between 1/6 and 1/10 in kind. Kautilya’s Arthashastra (~230 BC) introduced structured taxation: fixed rates (e.g. 1/6 for farmers), progressive slabs, scheduled payments, tolls, export/import
What is Income Tax ?
What is Income Tax Income tax is a portion of your earnings that you pay to the government. It’s used to fund vital services like healthcare, education, infrastructure, and national security. TAX – Let’s Start Simple! Think of income tax
Form 16 vs Form 26AS: Know The Difference Before Filing Your ITR
Filing your Income Tax Return (ITR) can feel overwhelming, especially when you’re unsure about the different forms involved. Two of the most crucial documents in this process are Form 16 and Form 26AS. While Form 16 is issued by your
Tax-Saving Investment Options
Not all tax-saving options are the same.From ELSS to PPF, NPS to FDs, each option comes with its own benefits, risks, and lock-in periods. ELSS (Equity Linked Saving Scheme)• Lock-in: 3 years (Shortest!)• Returns: Market-linked (10–12% avg)• Tax Benefit: U/S
How To File Your ITR Online
Filing your ITR online? Here’s a quick step-by-step guide to help you do it right! Why E-File ITR?Convenient & secure: File from anywhere via the official Income Tax portal or a trusted platform.Refunds faster, errors minimized.Mandatory for many-don’t risk penalties!
Know Your Taxable Income Sources!
Understanding the different sources of taxable income is the first step to smart tax planning. Whether you’re earning a salary, renting a home, or trading in stocks, each type of income is treated differently by the tax department. Salary Income:Income
#FF11 Important News on Income Tax Filing
1. Track Correction Requests in your AIS: The Income Tax Department has improved the Annual Information Statement (AIS) to show the status of your correction requests. Previously, after reporting an error in your AIS, there was no way to know if