Improve Your Financial Life with Minimalism
Executive Summary: Minimalism aims at reducing excesses in life. You can simplify your financial life by adopting even some aspects of minimalism. It will help you lead a content life and control your financial life better. Minimalism is a way of life that...
Platforms to Invest in Direct Mutual Funds
There are many platforms that allow you to manage direct plan investments in Mutual Funds. Here we compare MF Utility, Bharosa Club, Kuvera Club, Invezta, Zerodha Coin and Clearfunds. Direct Mutual Funds are mutual fund schemes that an investor buys directly...
LIC’s Jeevan Utkarsh Plan 846
Executive Summary: LIC has launched a new plan – Jeevan Utkarsh Plan 846. It is a single premium policy, It is like an endowment plan that has a tenure of 12 years. It offers different settlement options. This policy is not a substitute for a term plan that...
Magic of Compounding
Executive Summary: Compounding is a powerful concept in creating wealth. It works on the idea that the returns on an investment gets included in the investment amount and the combined amount earns returns from the next earning period. It is best to start saving early...
What are Alternative Investment Funds
Executive Summary: Alternative Investment Funds also known as AIFs are investment funds where investors' money is pooled in and invested in different avenues. Investments by savvy investors in AIFs are increasing in India. Investors find them attractive as the...
5 Ratios To Understand Your True Financial Health
It is important to have an objective and transparent view of one's financial health. Financial ratios like liquidity ratio, debt service ratio, solvency ratio, savings ratio and investments to net worth ratio help to understand the true picture one's personal...
Surrender Value of Insurance Policies and Tax Implications
Executive Summary – Insurance products can be surrendered. The surrender value is calculated based on premium, sum assured, number of premiums and bonus. Surrendering an insurance policy has tax implications like reversal of deductions claimed in the...
Why will I get an Income Tax Notice?
Executive Summary – You might get a tax notice if you do not follow the process of filing returns properly or make mistakes in the form. If you pay an incorrect tax amount or conceal high value transactions or have sudden changes in your income or investments,...
Save More and Enjoy More, this Diwali
Executive Summary- The festival season brings joy and happiness. It is important to celebrate in a way that our personal finances stay in order. We should stay within the set budget, spend wisely, make use of offers, use the bonus wisely and strengthen the financial...
5 Ratios To Understand Your True Financial Health
It is important to have an objective and transparent view of one's financial health. Financial ratios like liquidity ratio, debt service ratio, solvency ratio, savings ratio and investments to net worth ratio help to understand the true picture one's personal...
Surrender Value of Insurance Policies and Tax Implications
Executive Summary – Insurance products can be surrendered. The surrender value is calculated based on premium, sum assured, number of premiums and bonus. Surrendering an insurance policy has tax implications like reversal of deductions claimed in the...
Why will I get an Income Tax Notice?
Executive Summary – You might get a tax notice if you do not follow the process of filing returns properly or make mistakes in the form. If you pay an incorrect tax amount or conceal high value transactions or have sudden changes in your income or investments,...
Save More and Enjoy More, this Diwali
Executive Summary- The festival season brings joy and happiness. It is important to celebrate in a way that our personal finances stay in order. We should stay within the set budget, spend wisely, make use of offers, use the bonus wisely and strengthen the financial...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!