‘Luck by chance’. If this movie happens to define your investment story, chances are that it will bomb at the box office of financial success. The success of your financial planning hinges completely on the financial decisions made by you during your life. If you have left something to chance, be prepared to be handed… Read More »
In cricket, batsmen who have played long innings often go back to the pavilion ‘retired hurt’. Not very different from what most working professionals do when they reach the end of their career – they end up retired and hurt. Financially hurt, that is. So, why do many Indians face a retirement crisis? First, India,… Read More »
March with its feverish frets and yearly targets is over. April 1st was (no, not All Fools Day) the start of the New Financial Year. So, did you make those financial resolutions for the new year? Or did you end up like Teena and Prateek? Teena and her husband Prateek, a newly-wed couple, had a… Read More »
Some habits die hard. One such habit is jumping out of your seat when you get a rude shock. Jeevan, a senior editor with a media group, did just that – jump out of his seat – when he received a call from the accounts department telling him that he would receive only 40% of… Read More »
Insurance sales start surging in January of every year and peaks in March. So, are more accidents happening during this period? More people getting hospitalized? Or, a sudden realization in the new year that one needs life cover? It’s Option D – none of the above. The reason is painfully simple – tax saving! So,… Read More »
Imagine you are building a fortress against an unseen enemy. If you require four outer walls bordering its periphery to complete the structure, would you build only three? Or, would you suddenly stop building the fortress and instead start focusing on a guesthouse inside it with the intention of selling it later? More ironically, would… Read More »
One of the most memorable scenes in the movie Titanic is when Jack Dawson sketches a portrait of Rose in the buff. While Rose did not need much cover, you do. Insurance-wise, that is. Many people take a cover that they can afford. Some people take one which they assume as enough for them.… Read More »
Of late, consumers and enterprises in India have been feeling a lot like Aussie bowler Mitchell Johnson in the recent AUS-NZ World Cup face off. If Johnson was left battered after having ducked blow after bludgeoning blow from Kiwi batsman McCullum’s willow, Indian taxpayers find themselves doing some ducking of their own. For, they end… Read More »
Well-planned movies become debacles. As do game strategies in chess. The dressing room strategies of the Indian cricket team always seem to be in the danger of backfiring. Can’t then your tax planning strategy? Here are 7 surefire indicators that it has. You find yourself struggling to use up the Section 80 limit People tend… Read More »
Do you ever get that nagging feeling that something is just not right with that tax return you filed? Does it eat you inside out that you may have entered your spouse’s bank account number instead of your own? You’re not alone. Here are 10 of the most common errors people commit while filing tax… Read More »