Tag: finance tips

wealth creation

Thinking of Wealth Creation? 6 simple steps to involve family, save big!

Money is not a topic most households tend to discuss, yet it is a topic which draws down most of our family goals. Getting your family finances in order can be a daunting prospect. You might end up thinking how to make money. However, by breaking down the process, setting

retirement

Planning for Retirement? Avoid these 6 key mistakes!

People tend to procrastinate saving for their retirement since an early retirement is considered a luxury. However, can you survive without your income for a year? How about 6 months or even 3? If your answer is a big ‘NO’, then imagine this, a standard retirement period is usually 15-20 years.

debit card

‘Hidden’ ATM Debit Card charges: SBI vs HDFC vs ICICI vs PNB vs Axis Bank

Are you aware of the hidden you pay for every transaction you make with your ATM Debit card? For example, every time you use an SBI Debit card on other banks’ terminals, you end up paying 2.5% or Rs 10 (Whichever is higher). Similarly, if you use an HDFC debit

income tax returns

Step by Step Guide To File Online Income Tax Returns!

As per section 139(1) of the Income Tax Act, 1961 in the country, individuals whose total income during the previous year exceeds the maximum amount not chargeable to tax, should file their income tax returns (ITR). The process of electronically filing income tax returns is known as e-filing. You can either

mutual fund

Top Mutual Fund Schemes Are Changed in India – All you should know

Several mutual fund houses are sending communications of changes in the fundamental attributes of their schemes. AMCs like HDFC, IDFC, Tata and Reliance have released official statements regarding the changes and mergers of certain schemes. These changes are in line with the Securities and Exchange Board of India’s new categorisation

Top 7 Strong Reasons for Investing In SIPs

SIPs are becoming one of the main options for investors now a days. Investors pump in as much as 4500 crores per month through SIPs compared to around 1200 crores in early 2014. Systematic investment in a Mutual Fund make good sense especially in the volatile equity market. What is SIP?

income tax

Top 10 Tax Free Countries In The World!

Zero Income Tax – something which everyone wants to hear! We always discuss about tax rates in many countries like 39.6% in USA etc. However, there is the other side of the world, where people have never heard about income taxes. That means, there are some tax free countries in