New tax regime versus Old tax regime
Income tax is levied on individuals, HUFs, partnership firms, LLPs, and corporations as per Income Tax Act. If an individual’s income exceeds the minimum threshold limit, they are subject to a slab system of taxation. Here is a comparison of the tax slabs of the old...
What are Target Maturity Funds
What are Target Maturity Funds Target maturity funds (TMFs) invest in a basket of fixed-income securities such as Government bonds, State Development Loans, and bonds issued by PSUs & high-quality companies. They track a particular fixed income index and invest...
Life planning versus financial planning
When COVID-19 hit and continued to prevail over time, Samaresh got a jolt. He is a senior management executive in his early 40s, working 16-18 hours a day and used to travel across the globe for work in the pre-pandemic era. He was devastated with the loss around and...
Positive Pay System – Is it a new positive for banking?
What is Positive Pay System? ‘Positive Pay’ system is a new ruling implemented by RBI. It is a measure to protect cheque-based transactions from fraud. Under this system, re-confirmation of key details may be needed for cheque-based transactions amounting to more...
Should I diversify my portfolio with international investments?
Portfolio diversification is a strategy whereby an investor invests in a variety of assets that have different features. The strategy is used to minimize risk and maximize returns. On an average, investment portfolios composed of different kinds of investments yield...
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...
Factors to Consider Before Buying A Vacation Home?
Summary: A vacation home is a great place to make happy memories and also earn additional income. But before you purchase one, consider factors like the extent of investment, maintenance costs, management effort, the credibility of the seller, and taxation. Buying a...
Should I Invest In International Mutual Funds?
Summary: International Mutual Funds invest in equity and equity-based securities outside of India. They offer equity diversification, currency hedge, and chances of better returns. Invest in them considering their portfolio, your risk appetite, and your financial...
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...
Factors to Consider Before Buying A Vacation Home?
Summary: A vacation home is a great place to make happy memories and also earn additional income. But before you purchase one, consider factors like the extent of investment, maintenance costs, management effort, the credibility of the seller, and taxation. Buying a...
Should I Invest In International Mutual Funds?
Summary: International Mutual Funds invest in equity and equity-based securities outside of India. They offer equity diversification, currency hedge, and chances of better returns. Invest in them considering their portfolio, your risk appetite, and your financial...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!