Here's a rundown of 11 significant news stories to keep you in the know:
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From belated ITR filing to mandatory e-invoice for some GST taxpayers — Key personal finance changes in August 2023
August 2023 is significant from a personal finance point of view as a bevvy of changes will come into effect ranging from belated income tax return (ITR) filing to revision in Axis Bank credit card norms. These changes will directly impact the lives of the common people in India.
Goal-based investing for single parents: navigating financial responsibilities and future security
For single parents achieving financial stability and building a strong financial foundation is crucial. With multiple responsibilities, planning for future expenses, children's education, retirement, and overall financial well-being can be challenging. However, through goal-based mutual fund investing, single parents can navigate these financial objectives effectively.
Single parents in India should start by clearly defining their financial goals. These may include building an emergency fund, saving for children's education, planning for retirement, and establishing a solid financial foundation.
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