Is the rate slashing mood of the apex organization fusing optimism in the current economic scenario? The Reserve Bank of India (RBI) has cut down the repo rate by 25 bps, which is completely in line with the expectations of the veterans in the financial circuit. The supreme monetary authority of the country sights… Read More »
Despite the innumerable advantages of filing tax returns online, many people still take the tedious route of filing returns on paper. This is primarily due to ignorance of the simple processes involved in filing online. Most people are yet to develop confidence in the online system and try to avoid it year after year. However… Read More »
Metropolitan cities in India are fast becoming a hub of industrial parks, high rises, residential complexes, sprawling malls and huge commercial complexes, which are gradually but steadily transforming their skyline. Commuting on the busy and packed streets of Delhi, Mumbai, Bangalore, Hyderabad, Kolkata or any other Tier I city, shows you brightly colored cranes, rubble,… Read More »
Timing is significant in financial planning especially when you are looking to earn a profit as you need to know when to take advantage of the increase in value. However, it’s equally important to be careful to avoid paying a huge amount as tax. Amit learned his lesson when he sold his house in Delhi… Read More »
Indian investors always had a fascination towards precious metals and stones owing to their hedging ability against the rising inflation and economic uncertainties. While investing in gold and silver has been going on, another investment avenue that is blooming since past few years is the ‘noble metal’ or platinum. Although platinum has a very short… Read More »
Investing for your retirement may not be the most important thing on your mind when you start your career. For most people, investing may not even be on the priority list when they start their career. When you start your career, your saving capacity may not be much in absolute terms, as your salary itself… Read More »
Pranab and Bishwadeep both work in the same company, at the same level with the same salary. Yet, Bishwadeep is always relaxed and looks in control of his personal finances. If someone asked Pranab, what his net worth was or what the outstanding on his home loan was, he would give some off the cuff… Read More »
Quick-quiz. Match the place of residence given below to the following men. World’s Richest Man – Carlos Slim World’s Second Richest man – Bill Gates World’s Third richest man – Warren Buffet World’s Fourth richest man – Bernard Arnault Where do they stay? World’s Largest House World’s 2nd largest house World’s 3rd largest house World’s… Read More »
The importance of Permanent Account Number (PAN) card has grown over the years, and it is today an essential part of our lives. The most important purpose of allotting PAN to an entity is for the purpose of identification and to track all the related monetary information of that entity. Initially, the significance of PAN… Read More »
Photo Credits : Inha Leex HaleyIt is a good idea to categorize your payments under different headings like daily living expenses, entertainment and vacation, health etc. This will give you a fair idea of how much you spend on different categories. It is easier to keep track and also control your expenses once you know… Read More »