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
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.
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
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
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
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?
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
Sukanya Samriddhi Account (also called as a girl child prosperity account) is a Government of India backed savings scheme targeted at the parents of girl children. This scheme is a part of Indian Prime Minister Narendra Modi’s dream campaign Beti Bachao Beti Padhao (save girl child educate girl child). The
We all know about the current World market which is very sensitive and uncertain. Even small news is creating a huge panic across the market and economy and so is the case with job market as well. What it means to the people in employment? Well, it simply means that