Section 80 CCD(1B) offers an additional deduction of Rs 50,000 – over and above the Rs 1.5-lakh section 80C limit – for investing in NPS. You can open an account online and invest before March 31 to claim these deductions.
The number of personal and credit card loans have gone up in recent years, and many are struggling with a mountain of debt, and being harassed by loan recovery agents. Which is where debt counsellors come in, provided one is disciplined.
Early investment planning, choosing the right instruments, regular reviews and rebalancing, particularly closer to the goal, are important for raising the required corpus
Retail investors in particular should remember that such funds come with their share of risks and possibly more than the usual diversified equity funds.
A rental agreement should spell out rent payment dates, frequency, penalty if rent is late, and a clause that specifies rent increase.
International Women’s Day: Starting their own practice has given these women chartered accountants an opportunity to balance their professional and personal commitments. But running their own firm has had its own challenges ranging from getting clients in the initial stages to juggling multiple areas of specialisation and more.
International Women’s Day: Nearly 45 percent of the women now take independent financial decisions, but most point to a lack of knowledge and proper planning. No wonder then that 66 percent of women surveyed aren’t confident if all their financial goals would be met, says a Finsafe survey of 865 women across India.
The key reasons for women not making investment decisions themselves are lack of confidence and limited understanding of financial instruments.
Spendvesting promotes recurring investments in assets such as mutual funds and digital gold and caters to diverse lifestyle needs like travel, gadgets, home decor, vehicle, jewellery, insurance, education, etc.
From curbs on Paytm Payments Bank accounts to planning of investments to save taxes to paying advance taxes, a lot is happening this month. Here’s what to watch for.
Many small and mid-sized businessmen tend to mix their business and personal cash flows. This can interfere with a prudent management of their personal finances. They must take into account only the net income coming out of their business and invest it regularly to grow their personal wealth.