Santa’s Christmas Gift: 46k Tax Benefit
Virat bought a life insurance policy a couple years ago for tax saving. Now that he pays a big home loan EMI, he finds it difficult to service the 1…
Virat bought a life insurance policy a couple years ago for tax saving. Now that he pays a big home loan EMI, he finds it difficult to service the 1…
Last week, the Reserve Bank of India cut repo rates for the fifth consecutive time: a Diwali bonanza for home, auto and other loan borrowers. But this also means that…
NPS or National Pension System was started in 2004, initially for government employees only. It was opened for all in 2009. It is a social security initiative similar to 401(k)…
Mr Sharma, a marketing professional, recently got a bonus of 5 lakhs and invests it in fixed deposits in his wife’s and daughter’s names. Mrs Sharma is a homemaker and…
It is said that there are only two things certain in life: Death and Taxes. Well this no longer stands true. At least in case of taxes, it is possible for someone…
My mother has been chasing me for the past few weeks to get all her medical and investment related documents sorted as she wants to file her Income Tax return.…
Previously, the long-term capital gains (LTCG) made on sale of equity shares and Equity Mutual Funds were completely tax-free in your hands. However, the amendment made in the union budget…
Most of us have a tendency to wait until the last moment to start making tax saving investments, and more often than not, we end up making the wrong decision.…
Ram : I want to start an SIP of Rs. 10k in five different mutual funds of Rs.2k each. Shyam : Why five funds? Ram : As Warren Buffet says..…
Around Dec - Jan every year, you get an email from your HR about submitting the investment proofs for the financial year which sends all of us into a bit…