by Vidya Kumar | Mar 3, 2023 | financial planning, taxation, Uncategorized, Vidya Kumar
Income tax is levied on individuals, HUFs, partnership firms, LLPs, and corporations as per Income Tax Act. If an individual’s income exceeds the minimum threshold limit, they are subject to a slab system of taxation. Here is a comparison of the tax slabs of the old...
by Vidya Kumar | Jan 10, 2023 | Debt Fund, Financial Literacy, Investments, Vidya Kumar
What are Target Maturity Funds Target maturity funds (TMFs) invest in a basket of fixed-income securities such as Government bonds, State Development Loans, and bonds issued by PSUs & high-quality companies. They track a particular fixed income index and invest...
by Vidya Kumar | Feb 3, 2022 | financial planning, personal finance, Uncategorized, Vidya Kumar
The Finance Minister Nirmala Sitharaman presented the budget for the financial year 2022-23 on February 1. While there are no changes to income tax slabs, here is a list of some of the key announcements that will have a direct bearing on personal finance –...
by Vidya Kumar | Jan 28, 2022 | Financial Literacy, personal finance, Vidya Kumar
When Mahesh wanted to buy a home and take a housing loan, he spent a lot of time and effort. It was not just deciding the house to buy but the logistics of collecting documentation such as bank statements, tax information, identification proofs and more too. These...
by Vidya Kumar | Jan 13, 2021 | General Insurance, insurance, Uncategorized, Vidya Kumar
A job loss is a threat to your financial stability. You may not be able to pay off your bills, EMIs, or other important expenses. Job loss insurance is a financial cover for for people who lose their job. The sum assured will give them a financial respite for some...
by Vidya Kumar | Oct 21, 2020 | Money, Vidya Kumar
Summary: It is important that we make our money work the right way for us. Manual renewal of FDs, caution in using credit cards for top-ups, utilizing the tax exemption available fully, and depositing gold in banks to earn interest are some ways to get more out...
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