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"Top 5 takeaways from BUDGET 2019" by FinVise India

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Finance Minister Nirmala Sitharaman presented her first Union Budget and also the first of the Narendra Modi 2.0 government. Here are 5 key takeaways from Budget 2019: 1) Towards a $5 trillion economy Finance Minister Nirmala Sitharaman opened her speech with a target of making India a 5-trillion-dollar economy. She said that the goal was “imminently achievable" in the next few years. She said India took 50 years to become a $1 trillion economy. The Indian economy was at $1.85 trillion five years back, she added. "We have now reached the $2.7-trillion-mark and would become a $3 trillion economy in the current year," she said. 2) PAN card, Aadhaar interchangeable for filing income tax returns (ITR) Finance Minister Nirmala Sitharaman announced the decision to make PAN and Aadhaar cards interchangeable soon. PAN and Aadhaar have been made interchangeable, allowing those who do not have PAN to file income tax returns (ITR). This means that taxpayers will need either a...
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Retirement is not an End...It's a new Beginning

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Key Points to Proper Retirement Planning : It is never too early to start saving. Savings should essentially start as soon as you start earning Retirement planning should form an integral part of your financial planning. Even though retirement seems far out, planning for it should be done early on. Financial planning should be long-term in nature. One should ignore short-term market movements and volatility. Focus on your long-term goals and utilize the investment avenues most suited to your risk/return appetite. Retirement planning has three major stages: the accumulation stage, the preservation stage, and the distribution stage. Succession and legacy planning forms an integral part of retirement planning. Mutual funds are a good way of investing – however, investors should be cognizant of the impact of expense ratios on returns and choose the funds wisely. Systematic Investment Plans (SIPs) are a great way to invest in equity mutual funds. They inculcate di...
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Why Invest in India?........India – Land of Unlimited Opportunities

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Why Invest in India??........ India – Land of unlimited opportunities # Reason 01 One of the world's fastest-growing economies India too remains one of the fastest-growing economies in the world. Source: International Monetary Fund FDI inflows increased by 37% since the launch of Make in India initiative. Source:  Department for Promotion of Industry and Internal Trade, Government of India Leading investors ranked India as the most attractive market. Source:  Ernst & Young Emerging Markets Center # Reason 02 The largest youth population in the world India to have the world’s largest youth population by 2020. Source:  United Nations Population Fund India to be the largest supplier of university graduates in the world by 2020. Source:  British Council India has the third-largest group of scientists and technicians in the world. Source:  All India Management Association & The Boston Consulting Group # Reason 03 ...
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