We read in our earlier blog here that it’s best to set a SIP date within 2-3 days of your salary credit. This makes it simple, and automatic and ensures you save first before you spend. But won’t it be smarter to manually decide your SIP date of investment every month based on how the …
LIC Jeevan Shikhar – Review LIC has launched Jeevan Shikhar Plan (Plan 837 – UIN 512N305V01) which is participating, non-linked, saving cum protection single premium plan. This is especially targeted for the unplanned tax saving investment that people do in the month of January to March. The plan would be open till March 31, 2016. We review …
A version of this article was originally published in Live Mint. Click here to read it. When equity markets fall, there is always a temptation to exit equities for the time being and enter back later at lower levels. To be fair, intuitively it does make sense. The thinking usually goes along the lines of.. There is …
The Art of Navigating Bear Markets: Real-Time Lessons from the US Read More »
Few people while taking up a new job have the flexibility to work as an employee or independent consultant (also known as contractor or freelancer). If planned properly consultants have lower tax outgo for the same CTC (Cost to company). With Budget 2016 introducing presumptive taxation for some professionals like legal, medical accountancy, architect, IT …
Employee Vs Independent Consultant – Choose Wisely Read More »
In a recent movie, there is an interesting sequence involving a little kid. The kid plants a mango seed and comes back the next day to see if it has grown. When there are no signs, the little one, now confused, digs up the seed and plants it back again. He repeats the same thing …
We keep hearing about the magic of Equity SIP, but where is it? Read More »
Salaried class have always complained of raw deal year after year in due to laws related to income tax on Salary. But the good news is you can still manage to pay Zero (NIL) income tax on salary of up to Rs 20 lakhs (Salary here means cost to company). All you need to have …
Hate Paying Taxes ★ Check How To Pay Income Tax On Salary Of Rs 20+ Lakh (FY 2021-22) Read More »
People keep me asking why there are so many different types of mutual funds schemes in India. We have to understand that a mutual fund is just the connecting bridge or a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. And due to different investment …
What are The Different Types of Mutual Funds in India? Read More »
In the last few weeks, Indian equity markets have recovered (up around 7-8%) and are close to their previous all-time high levels. When markets reach all-time highs, it’s normal to feel uneasy and think they might drop. To add to this unease, you may also remember that the last few times Sensex and Nifty breached …
How Should You Respond To All-Time Highs In Indian Equity Markets? Read More »
Don’t “do it yourself” when it comes to Investing. If you or anyone in the personal finance fraternity feel I am crossing the line, so be it… Shoot me… When websites and pundits are all of a view that do-it-yourself investing is way ahead, I am totally against it. In my experience, attained in one …
10 Questions if you are on the Path of Do It Yourself Investing Read More »
Rail Travel Insurance Off late there have been multiple rail accidents. Fortunately from August 2016 railways have introduced train travel insurance for the tickets booked through IRCTC. The post tells you 5 significant points of the same: How to Buy Rail Travel Insurance? When you buy ticket online through IRCTC, you are given an option to …