What Do The New Changes In Health Insurance Mean To Me?
Summary: IRDAI has brought in some new rules in health insurance that bring in standard definitions, strict timelines for claims, and changes in inclusions and exclusions. This can mean enhanced coverage, standardised policies, a higher ratio of settled claims, and...
21 mistakes every DIY investor needs to avoid
Over years, the most common mistake we have seen with prospective clients is that they trade in shares basis tips from amatures and end up with losses. They are heavy on such speculative bets but low on basics like emergency corpus, goal based SIP, term...
Should I Buy a COVID-19 Health Insurance Policy?
Summary: Insurance companies are offering COVID-19 health insurance policies. They are fixed benefit plans that accept claims for diagnosis for COVID-19 related illness. It is better to buy a comprehensive medical policy and these specific plans are to be...
Are Investments in Debt Funds Safe?
Summary: Retail investors are worried about their investments in debt funds after the closure of six debt schemes of Franklin Templeton. Risk, YTM, investment portfolio, and maturity are factors to consider while selecting a debt fund. Evaluate and monitor your debt...
Why Should I Review My Financial Plan
Summary: A review of the financial plan is necessary to be financially on track. Changes such as inheritance, loss of job, marriage, the birth of a child, retirement, lifestyle modifications will affect your financial health. Revisit your financial plan in case of...
How Much Should I Spend on a Smartphone
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...
All About Arbitrage Funds
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...
What should I know before becoming an Airbnb host?
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...
Capital Gains and Taxation on Sale of Property
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...
How Much Should I Spend on a Smartphone
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...
All About Arbitrage Funds
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...
What should I know before becoming an Airbnb host?
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...
Capital Gains and Taxation on Sale of Property
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...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!