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 ...

How to choose right Mutual Funds to meet your financial Goals

How to build a fund portfolio?  Questions to ask yourself : The fund that you decide to invest in should be determined by your investment horizon, risk appetite, cash flow requirements and tax considerations. Take this short quiz to find out whihc option is the best for you. depending on the risk level of the fund ...