By Namrata Singh, CFP & Chaitali Shah, MA (Economics) The Union Budget for 2024-25, presented by Nirmala Sitharaman on 23rd July 2024, lays out a comprehensive plan aimed at propelling India towards the vision of 'Viksit Bharat' (Developed India). The budget focuses on 4 major castes: • Women (Mahilayen): Initiatives to facilitate higher workforce participation, such as setting up working women hostels and establishing crèches. • Poor (Garib): Schemes to uplift economically weak...Read More

 Namrata Singh, CFP & Chaitali Shah, MA (Economics)  Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees. Importance of Health Insurance As per government statistics over 70% of health care is paid from personal savings. Medical expenses have the capacity to wipe out one's lifelong savings. A lot of people have seen their friends an...Read More

by Namrata Singh, CFP & Chaitali Shah, MA (Economics) “Things that have never happened happen all the time. The correct lesson to learn from surprises is that the world is surprising. We have to plan for our plan not going according to plan” By Morgan Housel What is an Emergency Fund? An emergency fund is an amount set aside to tackle unforeseen circumstances or emergencies. It helps one create a financial cushion and stay afloat without relying on credit cards or high interest l...Read More