If I win a cash award of 1 lakh rupees. What are my plans with it?
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aadhyam kittatte ennittalle
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One has to understand winning some amount of money comes with responsibility.
It doesn't matter how big or small that amount is.
Say you've won 1 lakh rupees.
You're first responsibility will be to pay the government necessary taxes.
Then, you can take say around 10k from it and spend it on anything you want.
Rest you can put in mutual funds which will give you a profit of 7k every year.
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