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 »
Have you ever felt the need to get your hands on the person who came up with the concept of income tax in the first place? Have you wondered how long ago it started? Do you know what is common between cooking oil, booty of war, foreigners, and the process of rain? Read on to… Read More »
The bricks and bouquets for this year’s Budget are flying thick and fast. Everyone from financial analysts on TV channels to the local newspaper delivery boy has shared their two pence on the most keenly watch annual ritual in the world’s largest democracy. While many announcements hogged the media limelight, some were lost in the… Read More »
For young Indians, it is all about money, honey! Unlike their fathers and grandfathers who had scores of hungry mouths to feed, the Young Turk of today has fewer responsibilities and can barely look beyond their own mouth. Earning wads of money, he is literally rolling in cash. However, are Indians today making the best… Read More »
Ram prides himself on being up-to-speed in money management. Despite his hectic office schedule, he has managed to ensure health cover, life cover and investments spread across PPF, Mutual funds, and other instruments. He met his friend Mr. Kent, who is a Certified Financial Planner. With a glint in his eyes, he placed his balance… Read More »
It is said that “there are two sides to every story”, and it surely applies to this year’s Union Budget. When Finance Minister Mr. Arun Jaitley delivered his first full fledged Budget, analysts and experts are out debating its overall sentiments. While some feel that it is reform oriented, with a roadmap for the future,… Read More »