Money Saving Ideas for 2015
Executive Summary: We all know that a rupee saved is equal to rupee earned. In our day to day life, there can be many opportunities to spend our money differently and possibly save a decent sum. Be it your groceries, mall visits, online purchases or dining out, see if...
New Year Resolutions for Small Business Owners
Executive Summary – It is time to get back to work after the New Year celebrations. Small business owners should strive to make 2015 a fruitful year. Some of the steps that can be taken include reflecting on last year's performance, cash flow improvement,...
Should you go for single premium or annual premium policies?
Insurance policies can be either single premium or annual premium insurance plans. You should compare the policies from various perspectives such as cost, tax exemptions, and returns. Our analysis of these factors shows that insurance policies with annual...
All you wanted to know about Wealth Tax
Wealth Tax is the tax paid for ownership of assets, even if the asset does not give you an income. If your net wealth (assets less the liabilities used to get these assets) exceeds Rs. 30 lakhs as on 31st March in a year, you will be required to pay Wealth Tax at the...
How can you remit money to India?
SummaryThere are many ways to send money to India from abroad –1.Wire transfers 2.Online Money transfers3.Remittance Cards4.NRI Bank Accounts5.Foreign currency cheques and drafts Non Resident Indians need to send money to India either to support family,...
Auto-Sweep Facility in Bank Accounts
Most of us postpone investing our cash inflows in productive investment opportunities. The extra cash lies idle in your bank account, earning a meager Savings Bank (SB) interest, just because you may be too busy to invest it or do not give much thought to...
How many mutual funds should you own?
Mutual fund investors are often stumped by the question of what is the ideal number of funds to be held in one’s portfolio. Many times, it is seen that investors invest in a large number of mutual funds thinking that this is the best way to diversify risk and...
All about Insurance Cover for Your Home Loan
While deciding to buy a home, most of you would opt for a home loan. You risk profile increases greatly when you take a home loan, as it is one of the longest debts in your life, requiring a long term commitment. Let’s see how home loan insurance reduces this...
Resolving your Grievances
As an investor, you invest in stocks, Mutual funds, bonds etc. Some investors are very cautious and take the effort to be aware of precautions to be taken before investing in different types of instruments. But some might not have adequate knowledge to take informed...
Auto-Sweep Facility in Bank Accounts
Most of us postpone investing our cash inflows in productive investment opportunities. The extra cash lies idle in your bank account, earning a meager Savings Bank (SB) interest, just because you may be too busy to invest it or do not give much thought to...
How many mutual funds should you own?
Mutual fund investors are often stumped by the question of what is the ideal number of funds to be held in one’s portfolio. Many times, it is seen that investors invest in a large number of mutual funds thinking that this is the best way to diversify risk and...
All about Insurance Cover for Your Home Loan
While deciding to buy a home, most of you would opt for a home loan. You risk profile increases greatly when you take a home loan, as it is one of the longest debts in your life, requiring a long term commitment. Let’s see how home loan insurance reduces this...
Resolving your Grievances
As an investor, you invest in stocks, Mutual funds, bonds etc. Some investors are very cautious and take the effort to be aware of precautions to be taken before investing in different types of instruments. But some might not have adequate knowledge to take informed...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!