In the current scenario, everyone is in a rush to buy a dream house. There is nothing in wrong in doing so, provided you follow a simple checklist: Is house an asset or liability? The notion that a house is an asset is prevalent since many generations. It is a myth that is pushing people […]
Save Tax
Delays are costly in retirement planning
Whether or not you make other New Year resolutions, here is one you should make. Don’t postpone savings or investments. The new urban lifestyle has made people more prone to spending than to saving or investing. With India Inc prospering and young professionals getting handsome packages, people today are financially independent at a younger age. […]
Income tax tips for Rs. 200,001 to 1,000,000 slab
Individuals falling in the high income group often miss out on some of the lesser known tax planning strategies which could substantially reduce their tax liability. (1) Gift or Loan to Major Children – Avoid investing the amount in your own name as it will attract tax, rather gift the surplus to your major children. […]
Tax saving is not enough! Go ahead do Tax Planning!
Most individuals we come across, are more worried about saving taxes than saving for their future. However, in the pursuit to save taxes, individuals more often than not, ignore financial planning. Many are of the opinion that planning their personal finances can be accorded a lower priority, after tax planning. They believe that financial planning […]
Family Health Insurance @ just Rs. 20/- per day
Family Health Insurance @ just Rs. 20/day Family Floater Policies are enhanced version of mediclaim policy. The sum assured value floats among family members. i.e. each opted family member comes under the policy; it covers expenses for the entire family up to the sum assured limit. The premium for family floater plans is typically less than […]