We are all usually surrounded by lot of questions related to investments, taxation, finance etc. In this article, we have handpicked 6 questions which are important and applicable to most of us. 1. How are tax rebates calculated for early payment of a home loan? Those who have availed a home loan usually have this… Read More »
Humankind has spread its wings and made the moon its second home. While there are no tax implications of that (not yet at least!) there certainly are tax implications on your second home here on earth. We unlock the tax dreadlock for you. Tax implications for multiple properties Before getting into the details of tax… Read More »
There was a time when IRIs (India-Residing Indians) looked at their NRI cousins with quiet jealousy. Going overseas for work is still considered to be a barometer of success. But NRIs are not descendants of Uncle Scrooge. They too work hard and pay taxes. If you are one of those travelling overseas for work and subscribe… Read More »
Whether you are planning on buying a house, embarking on a new career path or just drawing lines for your children’s future, this hoary advice rings your ears: “Do your best, but be prepared for the worst.” Of course, you have paid heed to it and that’s the reason why you have bought insurance policies. You… Read More »
If you had a dime for every time the world changed, you’d soon be belching dollars. And the world changes like nobody’s business. Earthquakes happen. Continents shift. And tax rules change. Specifically, the rules for filing the Income Tax Returns (ITR) have changed. So what’s changed? Here’s a lowdown. Broadcast your foreign jaunts: This time… Read More »
Ever felt like Robert Kiyosaki or Warren Buffett, who seem to turn everything they touch into a gold mine? Well, you don’t need to go that far for examples of smart investors. Here are 4 such stories of smart guys closer home. The plainly yellow farmers Did you know that farmers can take gold loan… Read More »
Everyone likes a little extra in life. Be it a free topping on your favorite pizza or some extra stash of cash apart from your regular earnings. In today’s inflation-oriented world, where prices of just about everything is sky rocketing, the more one can earn the better it is. It is no surprise that families… Read More »
Women save a larger share of their earnings, but they will likely still be worse off when they retire because they earn less and spend more. This was a telling insight reported by ADP, a US-based research institute. If this is the case with one of the most developed nations worldwide, can it be very… Read More »
My neighbour AtiBhudiram doesn’t shy away from going to city outskirts for bargain shopping. He doesn’t mind spending money on petrol to save few rupees. His wife proudly displays the clothes he has bought at such bargain prices to my wife to showcase “Neighbour’s Envy Owner’s Pride”! Atibhudiram also bought a luxury car last month… Read More »
Managing money is like driving an ambulance through rush-hour traffic – there is a roadblock at every turn of the wheel. We give you five common roadblocks you may face while managing your finances. 1: Consistent breaches of monthly budget: Overshooting the monthly budget is a common enough occurrence. But, if you are consistently breaching… Read More »