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My Experience with Income Tax Return (ITR) Filing

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I once thought that if I know something (probably because I've learnt it somehow), I am saving money because then I don't have to pay someone to do that chore for me. This notion of mine has been smashed and boinked all around the place for the last couple of days. I am talking about filing my ITR (Income Tax Returns). Context In the past, during my school days, I have seen my parents getting irritated by the whole process. It was very cumbersome at that time- No online portals to make your work easy. ITR filing in India was a nightmare. I have seen my parents to delegate that task to professionals, who do it for a fee. The problem was, my parents never seem to mind that much about tax. I mean, they did moan about the atrocity that the Indian tax system is, but that's the extent of their outrage. I felt at that time, if they knew more on tax, they would be able to save more on taxes and also would be able to do proper tax planning. Oh boy, what a sweet dream that was! My Li...
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How does war affect oil prices | Effect of Russia Ukraine war on oil price

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On 24 th of February, Russia launched a military invasion in Ukraine. It not only had a direct impact on the people of Ukraine and Russia, but it would also have lasting ripple effects to the rest of the world. One of such impacts can be seen in Oil price which in turn affects the cost of whole range of things thus affecting economic stability. So, let’s talk about that today. To start with, we need to understand the fundamentals for any product pricing. The price of any product basically depends upon two things- Demand and Supply. Very simply put, if the demand and supply is comparable (irrespective of both increasing or decreasing), then you typically get the product at the right price. However, when the demand is comparatively higher than the supply- the price goes up. Similarly, when the opposite happens, that is, the supply is comparatively much higher than the demand, then the price goes down. This simple equation holds true for almost all the products you can think of- fr...
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