No bear hug for a calculated risk
For those who invest in the stock market, “risk” is a familiar word! If there is too much risk involved why does investment happen in the first place?
A seasoned investor will know how to convert thi
Understanding DTC’s impact on tax payers
The Finance minister, while announcing the Budget last week said that the Direct Tax Code (DTC) was likely to be passed by Parliament in the next financial year after obtaining the Standing Committee
Infra bonds = safety+tax saving
During the last Budget, the government had announced the introduction of infrastructure bonds for saving tax. According to this rule, tax payers can invest up to Rs 20,000 in infrastructure bonds for
Decoding DTC effect on ELSS for investors
Until now, Equity Linked Service Scheme (ELSS) has been one of the first-choice mutual funds for investors. It has two benefits: it helps you save on tax and at the same time helps you invest in the s
Tax instruments for last-minute tax planning
Despite knowing the advantages of mapping out a structured tax plan through out the year, most people put off tax planning until the very last month.
When you are that late, you might not be able to
Getting out of personal loan
More often many of us consider a personal loan as the best option to meet contingencies. Opting for a personal loan without studying its terms and conditions and services could cost you more than what
Opt for loan transfer to benefit from lower rates
A home loan transfer (also known as refinancing or balance transfer) is an option that most individuals opt for to avail the benefit from lower interest rates prevalent in the market.
Usually the exi
Credit cards: Just think before you swipe
Credit cards have changed our lives and our spending habits because of their sheer convenience. However, there is a danger that credit cards can tempt you to spend without foresight.
So it is import
PPF is a safe bet for future
Public Provident Fund (PPF) is a Central government debt scheme offered by many banks and post offices across the country.
It allows individuals to deposit a minimum of `500 or up to `70,000 per year
Prepayment good for clearing long-term loans
Prepayment implies closing the loan earlier than planned. Most banks impose a penalty on prepayment.
The prepayment can be charged in two cases. One, when you prepay with your own sources. In this c