The new tax regime has done away with almost all deductions and exemptions available in the old regime. This means salaried employees don't have to waste time on doing tax jugaad to save more. Instead, they can use this time to increase their income.

However, the NPS account cannot be held by subscribers who have renounced their Indian citizenship and do not hold an Overseas Citizen of India (OCI) card.

The revamped Form 13 software functionality removes the need for employer approval in most transfer cases, enabling automatic transfer of PF accounts once approved by the source office.

Currently, a mutual fund scheme cannot invest more than 10% of its NAV in units of REIT and InvIT, subject to maximum of 5% of its NAV in units of REIT and InvIT issued by a single issuer.

Investors who are getting out of SIPs now are essentially ignoring the basic principle at the heart of investing regularly through SIPs, which is cost averaging.

While the individual LIC policies are contracts between the policyholder and the insurer, the sum assured is backed by a sovereign guarantee. This means, even if the LIC fails, the government would pay the sum assured to a person holding a LIC policy.

Margin trading facility is a financial tool that enables investors to buy stocks by paying only a portion of the total value while the broker provides the rest. With the help of MTF, investors can buy a larger value of stocks against the money they may not have.