Even something as basic as opening a Savings Account requires research. You need to look at the rates of interest being offered by different banks and then choose the best. After all, it’s your hard-earned money we’re talking about! To make things simpler for you, here are the best Savings Accounts for 2016.
If you’re looking for ways to make your financial portfolio work for you and save taxes too, read our guide for some great financial planning ideas. We’ll tell you where you can stash your money and make it grow this year!
If you want a happy and secure future, you need to start planning your finances right from the very beginning. It’s a great idea to start as soon as you become financially independent, which usually happens in your 20s.
Will you be saving on your taxes this year? Apart from providing your dependents with an income guarantee in case of your demise, a Life Insurance plan can also you give you some relief from the tax man!
Unexpected ‘surprises’ aren’t always pleasant, especially when it comes to your investments. When you closed your Fixed Deposits, did you end up with a drizzle instead of a shower of money, thanks to TDS? Tax Deducted at Source (TDS), if not taken into account, could play havoc with your financial plans. Read on to know how to buffer the impact.
When running a business, don’t make the rookie mistake of using a Savings Account to manage your finances. Find out why using a Current Account is better.
In India, Employee Provident Fund (EPF), commonly known as PF, is one of the best TAX-FREE debt investments for retirement. Learn more about PFs from the expert – Mimi Parthasarathy, Managing Director, Sinhasi Consultants Pvt Ltd.
While a Savings Account and term deposits can provide reasonable interest on investment, nothing can be compared to the high value of returns coupled with tax benefits offered by Mutual Funds. Read on to know more.
The rollback of the controversial EPF tax was met with a collective sigh of relief by the masses. However, the finance ministry has approved an 8.7% interest on EPF, contrary to the proposed interest rate of 8.8% by the EPFO’s Central Board of Trustees . Read on for the details.
Have you ever wanted to check your provident fund balance? If yes, you can do so online. It’s simple, quick and takes only a few steps. All you need to do is access your Universal Account Number account. Check out our handy post on how to check your EPF details, online.