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આજના આ મોંઘવારીના સમયમાં રૂપિયા કમાવવાની...
How is withdrawal from Employee Provident Fund taxed?
Executive Summary: Amount withdrawn from EPF account is subject to tax if this is done before completion of 5 years of continuous employment. In case the PF balance is taxable, the amount which was contributed by the employer (including the interest earned thereon)...
I am retired and I have surplus money
First review your overall finances. See if you have enough liquidity and adequate health cover. Check for any financial goals that may be still left. See if you would like to make an estate plan, invest in yourself or contribute to a social cause. If you still have...
Leverage Insurance and reduce your financial risks
Financial Risks need to be managed and you can have different approaches in managing these. As a preferred approach, understand your Risk tolerance and then prioritize your overall insurance starting with Health Insurance then life insurance and then others. Try to...
What you can learn from George Kinder’s book on Money Maturity
George Kinder’s ‘The Seven Stages of Money Maturity’ deals with money, your relationship with money and how spiritual and psychological aspects affect this relationship. In his journey, he deals with seven stages of money maturity and how one evolves...
Why Health Insurance Offered by Nationalized Banks is an Attractive Option
About this articleComprehensive Analysis of Group Health cover by 11 PSU Banks Includes Comparison on more than 10 ParametersWritten by a Personal Finance ExpertUpdated periodically With health costs escalating at a rapid pace every year, it is important for...
Growth Vs. Dividend Schemes in Mutual Funds
Last weekend I met two of my friends for dinner, and we were talking about mutual funds. They both had invested in ABC Mutual Fund and were arguing on the NAV of the fund. One claimed that it was Rs. 35, while the other was certain it was Rs. 50. I checked and...
How to Cope with a Financial Crisis- Your Go to Guide to Deal With Personal Finance Emergencies
Financial crisis can break on you in any form - medical crisis, sudden home repair due to natural disasters, and loss of a job in your family or an added financial responsibility. Even with these problems at hand, you still have to continue to pay your utilities and...
Some Myths around Mutual Funds
Mutual funds have several advantages compared to direct stocks. However, most mutual fund investors have many myths based on wrong information or half-truths. Let’s look at the top 5 myths around mutual funds - A fund with a low Net Asset Value (NAV) is better...
Why Health Insurance Offered by Nationalized Banks is an Attractive Option
About this articleComprehensive Analysis of Group Health cover by 11 PSU Banks Includes Comparison on more than 10 ParametersWritten by a Personal Finance ExpertUpdated periodically With health costs escalating at a rapid pace every year, it is important for...
Growth Vs. Dividend Schemes in Mutual Funds
Last weekend I met two of my friends for dinner, and we were talking about mutual funds. They both had invested in ABC Mutual Fund and were arguing on the NAV of the fund. One claimed that it was Rs. 35, while the other was certain it was Rs. 50. I checked and...
How to Cope with a Financial Crisis- Your Go to Guide to Deal With Personal Finance Emergencies
Financial crisis can break on you in any form - medical crisis, sudden home repair due to natural disasters, and loss of a job in your family or an added financial responsibility. Even with these problems at hand, you still have to continue to pay your utilities and...
Some Myths around Mutual Funds
Mutual funds have several advantages compared to direct stocks. However, most mutual fund investors have many myths based on wrong information or half-truths. Let’s look at the top 5 myths around mutual funds - A fund with a low Net Asset Value (NAV) is better...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!