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Written by Snehil
Financial guides and detailed articles written by Snehil.
How to Build a ₹5 Crore Retirement Corpus: Timeline, Monthly SIP and Asset Allocation Guide
Key Points To build a ₹5 Crore (₹50 million) retirement corpus in 20 years at an assumed 12% CAGR, you need to invest approximately ₹50,043 per month in diversified equi…
₹75 Lakh Home Loan EMI for 20 Years at 8.5% Interest: Monthly Repayment, Total Interest and Eligibility Explained
Key Points A ₹75 Lakh home loan at an 8.5% interest rate for a 20-year tenure requires an Equated Monthly Installment (EMI) of approximately ₹65,087. Over the full 20-ye…
Standard Deduction for Salaried Employees: ₹75,000 New Regime Rules, Eligibility and Tax Impact Explained
Key Points The standard deduction for salaried employees and pensioners under the New Tax Regime is enhanced to ₹75,000 (under Section 16(ia)), while remaining at ₹50,00…