by Vidya Kumar | Jan 13, 2020 | Health Insurance, Vidya Kumar
Summary: The IRDA has mandated all health insurance companies to launch a health insurance policy – Arogya Sanjeevani Policy. It will be a basic health insurance plan that offers coverage up to ₹ 5,00,000. People can buy it on a yearly basis and have...
by Vidya Kumar | Dec 11, 2019 | Spending, Vidya Kumar
Summary: We pretty much do everything on our smartphone – Socialize, get entertained, pay bills and click photos. But it need not cost us an arm and a leg . Many smartphones will satisfy our needs and be within our budget. Understand your usage and income and...
by Vidya Kumar | Nov 19, 2019 | Arbitrage Funds, Vidya Kumar
Summary: Arbitrage funds take advantage of price differences in securities. Fund managers buy and sell securities in different markets and generate returns based on price mismatch. Arbitrage funds are treated as equity funds from a tax perspective. They are less risky...
by Vidya Kumar | Nov 13, 2019 | Airbnb, Vidya Kumar
Summary: Airbnb offers a chance to earn income from your additional property. You can list your property on the website and people can rent it out while on their business trip or vacation. You can set a rent as per your choice. Your income will be subject to...
by Vidya Kumar | Oct 30, 2019 | Capital Gains, taxation
Summary: Capital gains earned on sale of house property can be classified as short-term or long-term capital gains. Short-term capital gains are taxed as per the income tax slab rate and long-term capital gains are taxed at 20% after indexation. There are provisions...
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