mint genie. Click here to read it Imagine the excitement and happiness that comes from buying your first home. For most of us it’s a big step in life and a moment of pure pride. But it’s also important to remind ourselves that this involves a huge commitment financially. This means we need to think through our …
House Hunting – The Art of Choosing Between Renting and Buying Read More »
financial express. Click here to read it Do you have a home loan outstanding or are you planning to take a home loan? If ‘Yes’, do you really understand the nuances of how a home loan EMI works? Let’s find out. Try and answer these 3 questions. Assume you have taken a home loan of Rs 50 …
Demystifying Home Loan EMIs: What They Don’t Tell You Read More »
We had earlier written that almost all financial Investments available today are in the from of Mutual Funds. Mutual Funds, as we described are basically on OUTSOURCING AGENCY where we give them our money to manage as they are more specialized and they charge a fee to manage it. Check – Long Term and Short …
Can we claim HRA and home loan simultaneously for Tax Benefit? – A question which is often asked by many tax payers. This is mainly because many employers do not allow both tax benefits together in certain situations. Unfortunately this is NOT the right thing to do. Both HRA and Home Loan Interest tax sections …
Can We Claim HRA And Home Loan Together For Tax Benefit? Read More »
Everyone hates paying taxes and always are on lookout for Options to Save Tax. However the income tax rules in India are complicated and its becoming more so in recent years. Budget 2020 introduced the concept of New Tax Regime, then there were several changes to the laws in 2020. Thankfully Budget 2021 has been …
Have You Explored All Options To Save Tax For FY 2021-22? Read More »
Death of the main bread winner of the family can be emotionally and financially traumatic for the dependents. If you have the right life insurance the financial part can be taken care to an extent. Here are 9 things you should think through before you buy the right life insurance. [dropcap]1[/dropcap] How much life insurance you …
Taxation plays a very important role in the returns generated by your investment and so you should know how India tax investments before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments Saving Bank Account Interest earned in Saving bank account up to Rs 10,000 is …
How India Tax Investments In 2021 ★ 23 Most Common Investments Explained Read More »
Not many people are aware that while buying insurance policies they need to pay GST (Good & Service Tax) along with the premium. As with most of our taxation, GST on life insurance premium is a bit complex and depends on type of policy bought. The post tells you what rate of GST is applicable …
“Given the sharp run-up in recent weeks, I feel the risk of a large market fall has increased. Should I redeem my equity investments to avoid loss?” If you had similar thoughts, welcome to the rest of us! While it feels exciting to see equity markets go up, there is always a lingering sense of …
Is there a higher risk of a large fall when the equity market reaches an all-time high? Read More »
Insurance & Pension Products have been most miss-sold financial product in last few years. Most buyers are lured into it in the name of good returns, added life insurance along with tax savings. After a few months/years the policy holder realizes that he has been sold a dud product and the only way to get …
Tax On Surrender/Maturity Of ULIP & Life Insurance Policy Read More »