Everyone hates Taxes and go out in full force to save it – sometime legally and sometimes beyond the law. Fortunately there are still some tax Free incomes & investments. Learn about them and use it to your advantage. Tax Free Incomes Agriculture Income India started as agrarian economy and to encourage farming agriculture was …
If you look at your Salary Slip it contains a lot of components – Some are Tax Free Salary Components while others are partially or fully taxable. Keeping this in mind its very important to maximise the tax free and partially tax free components in the salary. Here is a list of 11 components in …
Click here to read it. Let’s say you have some money requirement (read as financial goal) coming up within the next five years. You want to save and invest for it. Where would you invest? There is a natural temptation to choose investment options such as Equity funds that can potentially offer higher returns. Why? Simple. Higher …
Is a higher equity allocation injurious to your short term goals? Read More »
mint genie. Click here to read it. When it comes to financial decisions we are often hesitant to take charge. While we all know that Saving and Investing is important, we do not take a step in that direction because it’s time consuming (while multitasking professional and personal life) and feels complicated. Let’s see how …
Take charge of your money with this quick and simple framework Read More »
Tax Saving FD (Fixed Deposits) is one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Tax Saving FD: Advantages Following reasons make Tax Saving fixed deposit attractive to investors; Convenient to …
If you’re paying off a loan (say a home or car loan) and suddenly find yourself with some extra cash, you might be wondering whether to put it towards paying off the loan or investing. It’s a tricky choice, but we’ve got some insights to help you make the right decision. There are basically two …
Invest or Pay Off Debt? Discover Which Option is Best for You Read More »
The awareness of credit freeze amount for credit card user is very minimal. Credit Cards are very secure tools and hardly have any issues regarding the protection of the applicant’s financial data. It is very crucial information that can be used for credit theft by the outsider. Credit Freeze is a great tool that can …
Buying Life Insurance is a complicated process. It involves so many decision points. To start with you need to figure out how much insurance you need? Which is the best life insurance company? Once you are done with these the next question is what type of insurance plan to buy – endowment, ULIP or term …
An edited version of this article was originally published in Click here to read it. In our previous blog, we had talked about evaluating Equity Savings Funds as a debt fund alternative for those who do not mind slightly higher volatility and have a 3-5 year time horizon. Now let’s take a closer look at this category …
Decoding Equity Savings Funds: Are They Right For You? Read More »
How to Tax Save Income for Salaried and Professionals for FY 2021-22? – a question that is often asked by my friends, family and blog readers. This is expected mainly due to the complicated income tax structure. There are multiple tax sections and every year a few more are added or modified. It’s hard to …
How To Tax Save For FY 2021-22 – Download Tax Planning Ebook Read More »