Bima Sakhi Yojana targets women aged 18-70 with a minimum Class 10 education, offering training, stipends, and commission benefits to promote financial independence and insurance awareness.

Motivation drives all our life decisions, whether related to education or finance. Having clear goals, like testing knowledge and achieving financial outcomes, can inspire action. Whether you want to save, spend, or earn, aligning your motivations with personal values ensures better satisfaction. Understanding one's motivations can help to optimise choices and avoid stress or regret.

In October 2024, mutual funds made significant investments in large-cap stocks like Reliance and Dr Reddy’s Lab while selling major holdings such as Cholamandalam Investment and Finance and Indian Oil Corp. Equity funds witnessed 21.69% growth in inflows, and inflows into ETFs soared to a new high. The industry saw a record in SIP inflows.

On Saturday, the Central Board of Direct Taxes (CBDT) announced the launch of a Compliance-Cum-Awareness Campaign for AY 2024-25, aimed at helping taxpayers accurately report income from foreign sources in their ITR.

Taxpayers are advised to file their pending returns as soon as possible as the time limit for filing returns will soon be applicable. As per a recent GSTN advisory, taxpayers will only be able to file their returns up to three years after the due date, starting from early next year.

While travelling can be great fun, travel insurance is also crucial for protecting against unexpected events like medical emergencies, trip cancellations, and lost baggage during travel. It ensures financial security and peace of mind, covering various contingencies and offering additional options for tailored coverage. Several reputable companies in India provide comprehensive policies catering to different travel needs.

A demat account is used to keep company shares or other securities in digital format. The account is needed for trading in stocks and other securities. Keeping your personal details updated in the demat account is necessary for regulatory compliance.