FunnTaxx

Exchange-Traded Funds (ETFs): What Are They? A pooled investment security called an exchange-traded fund (ETF) functions very similarly to a mutual fund. ETFs often follow a certain sector, index, commodity, or another asset, but unlike mutual funds, they can be bought or sold on a stock exchange just like normal stocks can. Anything from the price of a single commodity to a sizable and varied gro...

Following the covid pandemic, which resulted in widespread layoffs and/or wage reductions, the number of persons who opted for moonlighting increased dramatically. Many salaried workers were forced to take on other jobs while working from home to make up the difference in their income. Moonlighting has become more common among working professionals in India, which consequently created compliance c...

Early financial decision-making can assist position you for long-term success. This entails coming up with a strategy to pay off student debts, stay out of debt, accumulate an emergency fund, and work toward achieving broader objectives like saving enough money for a down payment on a home. Even if you feel financially stressed at an entry-level position, taking charge of your finances early will...

Choosing how to invest your money is a familiar conundrum for many mutual fund investors. Mutual funds also provide you the option to invest the amount in one go or place a fixed amount at a regular interval, say monthly, just like bank deposits have two options: fixed deposit and recurring deposit. Do we always wander to choose the best option? the first choice is a "lump sum investment, and the...

The pandemic has a considerably greater impact on humans. For many businesses, working from home has become the new norm, and demand for freelancers is growing. These independent contractors are not just limited to one company; they also offer their services to other businesses. Even though they are recognized for their flexibility, freelancers may feel so constrained by individual assignments tha...

The goal of investing is to build wealth and put money away for emergencies. If all of your wealth doesn't support you when you need it, what good is it? As a result, in order to make a lucrative choice, the investor must time their investment to be either short-term or long-term depending on their needs. Does the tenure of investment matter? Is there a right time to hold or sell investments? If t...

Taking a Home loan can either sail your boat or sink it as hard as the mighty Titanic. Today, obtaining a loan is a quick and simple process, but what happens if the borrower is unable to make the loan payment on time? Before making an ill-informed choice, it's critical to comprehend the consequences. Let's find out what to expect if you fail to make your loan EMI payment. Tune into the podcast of...

In this digital era, we face lots of theft and one of them is Theft of Business Identity and that’s why we have come up with a cure for it. Let us have a look at 'How to safeguard our business identity?'. Now you can also subscribe to our weekly newsletters and stay updated !!

Taxes form an integral part of our financial planning.  The government collects taxes from various sources, not just income tax. By imposing them on products, services, and transactions, it also obtains taxes from us, such as TDS, TCS, and GST. We often get confused between TDS and TCS. Wanna know? Tune into the podcast of FunnTaxx where we simplify tax and finance-related topics! 🎧 Now you...

Have you ever seen the craziness of online gaming these days? Online gaming means, Simply, playing games over the internet, right! These online games have attracted players from a variety of ages, nationalities, and occupations. Do you Know Tax Department has unearthed Rs 58,000 crore in winnings of players on Indian gaming app and winners have to pay about Rs 20,000 crore in tax.  How are on...

Albert Einstein said “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it." So what is Compound interest❓ Interest that is accrued on top of prior interest is called compound interest. Addition of interest to the the principal or in other words, interest on principal plus interest. Your investments will have more time to compound if you sta...

Indian’s passion for gold is known to all. We traditionally pass it down through the generations and it has emotional significance to us. Additionally, gold has religious importance as a token of Goddess Lakshmi and represents wealth. India is the second-largest consumer of gold after China because of this. Today, there are better ways to invest in gold besides purchasing actual gold (such as jewe...

Who doesn't want a smooth future with the ability to face emergencies without financial stress,? Being able to afford luxuries without a sigh? A fixed deposit, as its name suggests, is an investment choice where both the investment period and the interest rate are predetermined. A Recurring Deposit, commonly known as RD, is a unique term-deposit that is offered by Indian Banks. It is an investment...

Advance tax is the amount of income tax that is paid much in advance rather than a lump-sum payment at the year-end. It is often referred to pay as you earn, & must be paid in instalments by the due dates established by the income tax department. Advance tax applies to all taxpayers irrespective of the profession, whether you are salaried, freelancer, or businessmen. However, Senior citizens,...

This section focuses on the interest payments on loans taken to purchase an ELECTRIC VEHICLE for personal use. Additionally, it works with both two and four wheelers. Before the loan is paid off, you can still take advantage of Section 80EEB deductions. Learn more about section 80EEB.

You would naturally be concerned about having to pay a higher tax on such earnings if your total income included any past dues received as arrears in the current year.  Your tax rate may increase if you add your income from the prior year.  Do not fret. Get answers to all your doubts.

HOW IS INDIA'S 30% CRYPTO TAX CALCULATED? The Hon. Finance Minister Mrs. Nirmala Sitharaman has announced radical changes to the virtual asset class in the Budget 2022. The government has now formally referred to digital assets, including cryptocurrency holdings, as "virtual digital assets." These include all forms of cryptocurrency, including Bitcoin, Ethereum, and other digital assets like Non-f...

Are you a senior citizen looking to avail tax deductions on your income? But bewildered by the different sections? The question of the hour is— 80TTA or 80TTB? Under which section can you reap the benefits of deductions up to Rs.50,000!! Wanna know more?

Most of us have a general idea in our heads of what we spend our money on and how much. But carrying out these actions consistently over the course of a few months will unquestionably serve as the foundation of your financial life and that is how important the art of budgeting is!

Are you also scared of losing your money on the wrong investments? Learn how to become a disciplined investor with JJ Tax's experts that are here to ensure you never lose another penny.

Simple, succinct and informed is how we will tell you about money management in this podcast! Tune in now to know how you can improve your financial habits so that you never have to look at another price tag!

Wondering about the blissful days of retirement or worried about what the future holds for you?  Either way, we have got your back! The perfect time to take the first step towards retirement is now! Surprised? 

Gold is one of the best investments, it is reliable and trusted worldwide. There are numerous ways to invest in gold. Contemplating which way works for you is crucial!

How you handle your debt can make or break your livelihood and future financials. Debt trap can leave you stranded in a complicated situation that can be impossible to get out of.  With this podcast we can help you understand how to avoid the deadly debt trap and how to get out of it if you find yourself in it.

Warren Buffett said, "If you don't find a way to make money while you sleep, you will work until you die." Passive income is a great example to this quote. 😴  It is the money we earn on a regular basis from work that is already completed or from work that requires little to no effort on a daily basis.  Brilliant isn't it ⁉️ Learn how to build passive income and end your paycheck depende...