Situational concerns are specific to YOU! There are no right or wrong choices, but there are right and wrong financial behaviors. Who’s helping you master behavior?
Ever wondered why free advice doesn’t work? Don’t compromise your future because of free advice. Take the first step and talk to an adviser now! DM for more details.
The role of a #financialadvisor is to improve your #wealth creation experience. If you find the right fit, the advice will be worth its weight in gold. You can make us a part of your wealth story today!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
The new wage rules come into effect in April 2021. In this thread, we break down
•How this could impact you
•How a financial adviser can help
The government is seeking feedback on these rules and is yet to publish the final rules.
What: Basic component of #salary to be at least 50%
Impact for Individuals: Contribution to #PF increases, Take home reduces.
Impact for Corporates: Employee costs go up
Should you be worried that your take-home is less? No, because you’re not losing money. In Richard Thaler’s book Nudge,he highlights the importance of automatic contributions to #retirement accounts. You’ll end up saving more money towards retirement without any additional effort
No surprises in today's #RBIPolicy
✅Key rates unchanged
✅Accommodative stance continues
✅Inflation an area of concern
✅Growth: green shoots visible
✅Bond markets will see deeper participation
#Inflation outlook adverse relative to expectations
Food prices could remain elevated despite a good Kharif output
Q3: 6.8%
Q4: 5.4%
H1 (FY22): 4.6% -5.2%
FM Announcement #Atmanirbhar Rozgar Yojana
• EPFO registered companies incentivized to hire freshers or those who have lost their jobs from Mar-Sep
• CG to contribute EPF on behalf of employees for the next 2 years where wages <15,000.on behalf of employers if <1000 employees
Emergency Credit Limit Guarantee Scheme
• Extended to stressed sectors per KV Kamat report
• Outstanding debt 50-500 Crores, to any sized company as long as account was not NPA pre #covid
• 20% extra borrowing to be repaid over 5 years. 1 year #moratorium
Production linked incentive scheme
• 10 new champion sectors
• to boost exports, manufacturing, employment
• Rs. 1,45,000 Crores