Its financial year end and the Budget bandwagon is rolling full steam. Every newspaper and magazine keeps publishing reports and reports and reports and reports! Some great, some not so great, but, one thing is common; most of the terminology is not common for the common man. So let’s try to understand some of the… Read More »
Leave Travel Allowance (LTA) is granted by the employers to the employees as part of the remuneration to provide for travel expenses incurred during the year. Leave Travel Allowance also covers such expenses of the spouse, children as well as dependent parents and siblings. However, there is a restriction. The allowance is restricted to two… Read More »
The Union Finance Minister Mr. Pranab Mukherjee presented the Union Budget 2012-13 and has given a marginal benefit on the much awaited income tax slabs for common people. The biggest beneficiaries would be people having income between 800,001 to 999,999 per annum. They move from the 30% slab to the 20% slab! Personal Income… Read More »
To begin with why do you need flexible repayment options? The biggest advantage is that choosing the right flexible repayment option would reduce your EMI load! Moreover, it could help you avoid getting that adverse ‘defaulter’ tag. Remember, if you had borrowed from a bank even a single default could deface your credit report and… Read More »
Liquid funds invest in money market instruments. Money market is a market for short term borrowing and lending. This market deals with debt instruments such as certificate of deposits, commercial paper and treasury bills.
The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation. This year’s Union Budget comes a time when the ruling coalition faces multiple challenges from almost every quarter and the frustration of the masses… Read More »
If you are cribbing about your job, people you have to work with, constraints in doing what you have to do – just switch on the TV and you are sure to feel better. There is one unenviable job out there that Mr. Pranab Mukherjee is doing and the rest of the country is up… Read More »
India’s Financial Budget is about to be announced shortly on 16th March 2012. The current financial status of the economy indicates a need for hard stance on economic reforms, but it would not be easy for the government to execute such a plan. Every sector is expecting from the Finance minister of India to announce… Read More »
Contrary to the popular belief that women are least concerned about the implications of union budget, this fiscal there has been a steadily rising voice of women from across the nation, airing their demands and expectations from the Union Budget 2012. The budget this year will have some very far reaching implications for women from… Read More »
Not taking a very conservative stand doesn’t mean you should play aggressive in the markets. An investor is bound to lose money even if he chooses to take a very aggressive stand by investing his money in high risk avenues such as equities without even taking enough care to understand how they work. The middle… Read More »