In this blog, we shall discuss one of the essential habits that make for good financial health– an Emergency Fund. Assuming that you budget and account for every expense diligently, have you given thought to what would happen if things were to go erratic for a bit? After all, we shouldn’t discount the possibility of something terrible happening. Similar to how a physician would put it– “Prevention is better than cure”. If not more, financial health is equally vital as physical and mental fitness. What is an Emergency Fund? An emergency fund is, like the word says, an emergency bucket …
Did you know you can save tax against interest paid on a home loan?
Buying a home is a dream come true for many aspiring Indians. It is an achievement! Most of them do so by taking home loans. If you are one of those paying home loan EMIs, you should know that you can save a substantial amount of tax. Home loan EMI has two components, and both are eligible for tax deduction under different sections of the Income Tax Act. Let’s see the exemptions available for principal repayment, stamp duty, and registration charges before we move into benefits available for repayment of interest. Section 80C of the Income Tax covers exemptions related to repayment …
All about InvITs and How They Work
How Sukanya Samriddhi Yojana can help you invest for your daughter’s education meaningfully.
Nischay Avichal
Trust – When should you think about it?
Do you find any of these your concern? Have a look. You take care of the family’s finances solely by yourself and your spouse does not take any interest to know how to handle those assets. The children are physically away from you and you do not like to burden them with the hassles of managing finance, but you are concerned about transferring the assets to them after your and your spouse’s life. You are single (or may become single at any point in life). You have enough money, but it concerns you, who may take care of you if …
Understanding Auto and Active Investment Choice in NPS. Which one should you go for?
Guaranteed Pension for the next 10 years – Why this Government Scheme should be on your checklist.
Gilt Funds or Dynamic Bond Funds – Where to Invest Now?
Senior Citizen Savings Scheme and five things you should know
হুজুগ বনাম প্ল্যানিং
ফ্যাশন না স্টাইল? কোনদিকে চলা অভ্যাস? নিজের মতে কেনাকাটা? নাকি যা চলছে বাজারে? এক পুজোর মরশুমে এক নামজাদা শাড়ির দোকানে এই কথোপকথন কানে এল – এক মা তাঁর তরুণী কন্যার শ্বাশুরির জন্য একটি দুর্দান্ত এবং দামী লালপেড়ে সাদা কাঞ্জিভরম কিনতে চাইছেন। বোঝা গেল নতুন বিয়ের ব্যাপার। মেয়েটি মাকে প্রাণপণে বোঝাবার চেষ্টা করছে, শাড়িটি তার শ্বাশুরিমার কোন প্রয়োজনে কাজে আসবে! মা নাছোড়! তিনি এই প্র্যাকটিকাল মতামত শুনতে রাজি নন। মেয়েটির বাবা বেচারা এই দুই মতের মধ্যিখানে পড়ে একেবারে স্যান্ডউইচ! এবার কেউ যদি জিজ্ঞাসা করে বসেন, ওই দামী শাড়ির দোকানে কোন প্রয়োজন মেটাতে গিয়ে জুটেছিলাম, তাহলেই মুশকিল! কারণ পুজোর সময় নতুন শাড়ি …