Primebalance Advisory

Investing in the stock market can feel like a roller coaster ride, especially when markets are on a downward slope. For many, the instinct is to pull back when things get tough. But what if there was a way to benefit from market declines rather than be fearful of them? Enter the "Systematic Investment Plan (SIP)", an investment strategy that is both simple and effective, particularly during market downturns. In this blog, we’ll dive deep into how SIP investments work, why they’re a great choice and provide examples to show you how it all fits together. By the end, you'll understand why SIPs are one of the most powerful long-term wealth-building tools available to individual investors. What is an SIP (Systematic Investment Plan)? A Systematic Investment Plan (SIP) is an investment strategy that allows you to invest a fixed amount of money at regular intervals—monthly, quarterly, or annually—into mutual funds. Rather than investing a lump sum at one time, you make smaller, ...

  Protecting Children in the Digital Age: How Global Laws and Social Media Platform's Algorithm are Shaping Social Media Use                                                                                                           Image Owner:- DevianArt   Social media is now a crucial part of daily life, especially for youth, serving as both an entertainment source and a means of connection on platforms like Instagram, snapchat and other. However, with the growing popularity of these sites, there is increasing concern over the spread of harmful content such as pornography, obscene material, and cyberbullying . As a result, whole world are taking bold steps to protec...

     India has implemented various laws that empower women and protect them from violence, abuse, and discrimination. While these laws are very important to ensure women's safety and rights, there are concerns regarding misuse in certain cases where the laws may work against men. Critics argue that though these laws are well-intentioned, sometimes they are misused to harass men and, in some extreme cases, even threaten to kill them. This blog is a journey through malpractices associated with women-centric laws and their effects on men. 1. Women Protective Laws in India India has introduced various women-oriented laws over the years to protect and safeguard women against violence and exploitation. There are several women-centric enactments which are listed here below: Protection of Women from Domestic Violence Act, 2005 (PWDVA): The enactment has been made primarily to safeguard a woman against numerous forms of domestic violence like physical, psychological, and economic...

                 T he Code on Wages 2019 is a landmark piece of legislation that consolidates and simplifies various laws related to wages and compensation. Enacted in India, it is part of the government’s broader effort to reform labor laws, providing better clarity and fairness in the employment sector. The Code on Wages aims to streamline the existing labor laws, ensure transparency in wage practices, and safeguard workers’ rights, making it an essential framework for both employers and employees. In this blog, we will explore the key provisions of the Code on Wages 2019 in detail and discuss how it affects workers, employers, and the economy. 1. What is the Code on Wages 2019? The Code on Wages 2019 is a comprehensive legislation that replaces four existing laws related to wages: The Payment of Wages Act, 1936 The Minimum Wages Act, 1948 The Payment of Bonus Act, 1965 The Equal Remuneration Act, 1976 The aim of the Code is to brin...

                I nvestment and retirement planning are essential pillars of a secure financial future. They ensure that you are not only prepared for unexpected events but also empowered to live comfortably in your later years. By making informed decisions today, you lay the foundation for long-term financial security. Below are the critical reasons why investment and retirement planning should be a top priority in life. Building Wealth for the Future Investing allows you to grow your wealth over time. Whether it’s through mutual funds, stocks, bonds, or real estate, investing helps you accumulate assets that increase in value. With compounding, your returns generate additional returns, accelerating your wealth-building process. Without investing, relying on savings alone may not yield the same long-term financial growth. Ensuring Financial Independence During Retirement Retirement planning is crucial to ensure that you have sufficient ...

                      F iling tax returns is one of the most important financial responsibilities for individuals and businesses. Be it Income Tax or GST (Goods and Services Tax), adhering to deadlines not only ensures compliance with the law but also brings a host of benefits. On the flip side, failure to file returns on time can result in penalties, legal complications, and financial losses. In this blog, we’ll explore the significance of timely filing of tax returns in a detailed and point-wise manner, covering all the essential aspects that businesses and individuals must keep in mind. Legal Compliance Filing income tax and GST returns on time ensures compliance with the laws set by the government. Non-compliance can attract penalties, notices, or even prosecution in extreme cases. Staying compliant reflects responsible citizenship and builds trustworthiness in the eyes of authorities. Avoiding Penalties and Interest D...