Save for Retirement

The basics numbers of saving, investment and life expectancy have changed and we all need to save more for old age If you want your savings to be worth more, then you should invest more. It sounds like a joke, but it isn’t. Over the last few months, while analysing savers’ long-term projections and answering… Read More »

Understanding Risk in Debt Mutual Funds

Debt Mutual Funds Online   Investors have made double digit returns in certain categories of debt funds over the last one year. Financial planners suggest that investors be aware of the risks involved in debt funds and how mutual fund (MF) managers help lower these risks 1. What is interest rate risk? How could… Read More »

Capital Gain Account Scheme

  1 CGAS allows you to park sale proceeds of a property without capital gains tax liability, provided another property is bought within 2 yrs of sale or built within 3 yrs of the sale. 2 To be eligible for this exemption, account must be opened and funds must be deposited therein before the… Read More »

Home Insurance Policy

Buy Home Insurance Policy Online 1. What is home insurance policy? Home insurance is a type of property insurance that covers losses caused by fire, natural disasters, burglary or terrorist attacks. The policy has two layers -it pays for re construction of the structure and for loss of contents in the accident. Structure insurance would… Read More »

New Savings Accounts In India

How to Choose your Bank Account When everything from life insurance to a bank fixed deposits is customized to your exacting financial demands, why should savings bank accounts be far behind? Today, you can choose from a variety of savings bank account types depending on your needs and sensibilities. Here is a list of a… Read More »

Short Term Capital Gain Tax

You need to pay only short term capital gains tax. The five heads of income for computation of income tax in India are as follows: Income from Salary Income from House Property Income from Profits and Gains of Business or Profession Income from Capital Gains Income From Other Sources Once an income is counted under… Read More »

Benefits of e-Filing your Tax Returns before 31st July

From the Prime Minister to your office colleague, everyone seems to be talking about one thing, taxes! The tax deadline is here. And the due date for filing income tax returns for FY 2015-16 (AY 2016-17) is 31st July. Here are 5 benefits of filing your taxes by this date – Revision is possible Many… Read More »