How does Budget 2022-23 affect me?
The Finance Minister Nirmala Sitharaman presented the budget for the financial year 2022-23 on February 1. While there are no changes to income tax slabs, here is a list of some of the key announcements that will have a direct bearing on personal finance - Citizens...
How will the Account Aggregator Framework benefit us?
When Mahesh wanted to buy a home and take a housing loan, he spent a lot of time and effort. It was not just deciding the house to buy but the logistics of collecting documentation such as bank statements, tax information, identification proofs and more too. These...
Should You Opt For Job Loss Insurance
A job loss is a threat to your financial stability. You may not be able to pay off your bills, EMIs, or other important expenses. Job loss insurance is a financial cover for for people who lose their job. The sum assured will give them a financial respite for some...
Get More Out Of Your Money
Summary: It is important that we make our money work the right way for us. Manual renewal of FDs, caution in using credit cards for top-ups, utilizing the tax exemption available fully, and depositing gold in banks to earn interest are some ways to get more out...
Residential Status Demystified..After Latest Announcements
Executive Summary – It is important to ascertain the residential status of a person to find out the person's tax liability. A person of Indian origin can be a Resident or Non Resident. A Resident of India can be Resident and Ordinary Resident or Resident and...
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...
Pradhan Mantri Vaya Vandana Yojana (PMVVY) versus RBI Floating Rate Bonds
Summary: The PMVVY is an investment scheme wherein senior citizens can avail of a pension for 10 years. The current interest rate offered is 7.4%. The RBI Floating Bonds are of seven years tenure and currently offer 7.15%. They are available for all citizens. Returns...
How Can I Earn Passive Income
Summary: Passive income is money earned from a source other than your job, contract or business. It adds to your income and supports you in tough economic conditions. With passive income, you achieve your financial goals sooner. Rental income, royalties, earnings from...
Should I Invest in Gold
Summary: The price of gold has risen significantly. Gold investments have been delivering good returns for the last few years. Allocation of some part of your portfolio to gold will serve as a hedge against volatile equity markets, depressed interest rates and provide...
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...
Pradhan Mantri Vaya Vandana Yojana (PMVVY) versus RBI Floating Rate Bonds
Summary: The PMVVY is an investment scheme wherein senior citizens can avail of a pension for 10 years. The current interest rate offered is 7.4%. The RBI Floating Bonds are of seven years tenure and currently offer 7.15%. They are available for all citizens. Returns...
How Can I Earn Passive Income
Summary: Passive income is money earned from a source other than your job, contract or business. It adds to your income and supports you in tough economic conditions. With passive income, you achieve your financial goals sooner. Rental income, royalties, earnings from...
Should I Invest in Gold
Summary: The price of gold has risen significantly. Gold investments have been delivering good returns for the last few years. Allocation of some part of your portfolio to gold will serve as a hedge against volatile equity markets, depressed interest rates and provide...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!
