My Financial Resolutions for Year 2014

I will not buy insurance just to save tax – Tax saving is only a by-product of life insurance. If this is your core objective, invest in a simpler and cheaper option like the PPF or ELSS. I will pare the number of mutual funds to 5-6 – Five or six funds can offer you all ...

Ways to save tax – Best TAX saving options

Choose a tax saving option based on your risk appetite, expectations of returns and the time at which you need the money. How much do you have to save? Are you covered by the provident fund? Your contribution is eligible for deduction Are you repaying a housing loan? The principle of the EMI can be ...

How to Manage your TAX yourself

Online filing is not just convenient but far cheaper than what you will pay a tax professional for filing your return. Calculate your Income :  Income from Salary like Salary, Allowances Income from other Source like Interest, Dividends etc Capital Gains like Debt Funds, Stocks, Equity, Gold, Real Estate etc Property like Rental income after ...

Reasons to review your will and Tips on Writing a will

Reasons to review your will – You should consider changing your will if  You change your name or any beneficiary mentioned in the will changes his or her name. You sell any of the assets mentioned in the will or acquire new ones. There is a changes in circumstances. you may want to exclude a ...