Changes in IT Return Forms

Executive Summary – The Central Board of Direct Taxation(CBDT) had made some changes regarding filing of income taxes. These include a new optional EVC code verification, new rules for income earned abroad and assets held outside India, disclosure of details of...

But why should I save money?

Saving money is extremely important to lead a comfortable financial life. Savings is essential to build a backup for emergencies, have a comfortable retirement, fund big ticket purchases and luxuries, to lead a stress free financial life, to reduce borrowings and to...

Calculating your Networth – the why and how of it

Networth is as much applicable to an individual as to a business. In simple terms, it is the amount by which your assets exceed your liabilities. So your assets, your debts, your properties and the liquidity that you can rely on, all play a role in constituting your...

Charges on your savings bank account

One of the most popular Individual accounts is savings bank account. Various bank charges applicable should be considered before choosing a bank to open a savings bank so that you minimize your costs.  Following are the charges normally applicable on savings bank...

Calculating your Networth – the why and how of it

Networth is as much applicable to an individual as to a business. In simple terms, it is the amount by which your assets exceed your liabilities. So your assets, your debts, your properties and the liquidity that you can rely on, all play a role in constituting your...

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A Guide to Asset Allocation

Diversify your investments….John Templeton The basic premise of asset allocation is that different assets give different returns in different economic scenarios. Instead of putting all your eggs in one basket, you should diversify your investments so that you...

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Charges on your savings bank account

One of the most popular Individual accounts is savings bank account. Various bank charges applicable should be considered before choosing a bank to open a savings bank so that you minimize your costs.  Following are the charges normally applicable on savings bank...

read more

Antoine de Saint-Exupéry

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