Purchasing a house is a goal of almost every individual and the government of India encourages its citizens to make this investment. As most people cannot afford to buy a house outright and require taking a Home Loan for this…
The television industry has been a source of inspiration for quite some time and still has a lot to teach us. Keeping in mind the year goal for 2019 as money saving, we are back with another chapter to your…
In January 2013, Securities and Exchanges Board Commission of India made it mandatory for every Asset Management Company(AMC) to offer a way for its clients to invest directly into their plans, rather than only through a brokerage/agent. Recently, there has…
Having a regular source of income can greatly help with relieving financial stress, that’s why a lot of people have jobs. But there are lots of ways to generate a regular source of income and one of those ways is…
Thematic or Sectoral Mutual Funds and Mutual Fund schemes that invest in a specific sector of the economy. There have been many success stories arising from these type of funds, making them very tempting investments. Even though Thematic Funds are…
Sukanya Samriddhi Yojana (SSY) The Sukanya Samriddhi Yojana (SSY) is a small savings scheme launched by the Government of India in the interest of the girl child. The fund is designed to encourage parents/guardians of a girl child to save…
SAVING: The golden rule of personal finance is “Pay yourself first.” Before you go about making investments in businesses ensure that you are paying yourself and making an emergency fund. This is necessary to provide you with a safety net…
Sometimes in life, you will come across a situation where you require cash urgently. Most people in this situation will look to liquidate some of their assets. If you have invested in mutual funds you may not require to do…
SENIOR CITIZEN INCOME TAX BENEFITS: SECTION 80TTB AND OTHERS The budget for the year 2018 panned out really well for senior citizens. With the introduction of a new section 80TTB, the senior citizens are exempted from taxes to a large…
Personal finance is a common concern among everybody at some point in their life and the sad news is that the majority of us lack the knowledge to plan this properly. There is no universal code or rule that suits…
