Today, many Indians are wondering why they should have to wait till 60 to retire. For those who want to retire earlier, the question remains how does one ensure financial security after retiring. The Financial Independence Retire Early (FIRE) is financial strategy that aims to make early retirement a possibility. Read on to know details of how the FIRE strategy works so that you can make a decision regarding if this strategy of early retirement works for you.

If you are looking to achieve a short-term goal which is only a few months away, you would seek to minimise the volatility risk and liquidity risk of your investment. A short-term investment plan are financial products that you can use to achieve short term goals. These investment options would typically offer modest returns but would offer a high degree safety as they would be highly liquid and feature a low level of volatility.

Long-term wealth accumulation requires proper planning, disciplined investing, and patience. Long-term investments are the assets that you hold, generally, for more than five to build wealth for the future. Their value grows over time based on the principle of compounding, and these investments help fulfil certain responsibilities. In short, long term investment plans assure a comfortable and worry-free future.

The New Income Tax Act 2025, is designed to replace the existing Income Tax Act, 1961 from 1 April, 2026 onwards. The new act features key changes designed to simplify the tax compliance framework, enhance transparency and improve tax collection efficiency. Income Tax Act 2025 is expected to modernise the direct taxation architecture and align it with global practices through greater digital integration.