In this fast developing electronic era, most transactions, including financial, are increasingly being conducted over the Internet. While this has made all these activities much easier and convenient for the user, enabling us to transact from the convenience of our homes/offices with a touch of our fingertips – it has also opened up the possibilities […]
Few months ago an elderly couple came to me for financial planning. The husband is 60 years and wife is 57 years old. Their children are well settled in their lives. They need retirement planning. They wanted to provide Rs. 50,000 per month for their retired life. Assuming life expectancy of 85, the corpus required
Public Provident Fund (PPF) – An evergreen investment option for all Read More »
Everyone is trying to help each other in this situation of COVID 19 – some by donating money to government and others by voluntary help to the people in need. This unity is what makes India different. Everyone is ready to help- one way or other. We cannot forget the contribution of doctors, nurses and
PM – CARES Fund and CM Relief Funds – Be a COVID 19 Warrior Read More »
For an Indian ‘Naukri’ is one of the greatest gifts in life! If we have a job our siblings start seeing us as their own personal ATM. And we finally have that long awaited respect from our friends whose constant job has been to embarrass us in public! Seriously, the moment you land a job
We are going through a lockdown first time in our life and how our life has been changed? I cannot invite my friends to my house. I cannot go out in my car. I cannot show my lifestyle to anyone – the lifestyle which took my 10-15 years of hard work with lot of loans.
Personal Financial Life – Before and After COVID 19 Read More »
RBI announced a relief package in March 2020, due to ongoing crisis of corona virus. Under the package, it has given an option to choose moratorium for term loans and credit card payments. First of all, let us understand, what is moratorium and what is term loan? What is moratorium? Moratorium means deferment in the
RBI Moratorium on EMI – Should you opt for it or not? Read More »
The Union budget presented on 1st February 2020 disappointed the 35 Million Income Tax payers who were expecting some reduction in tax rates. There is no change in Long term Capital Gain Tax which was expected by the investors. The budget is having a vision to provide water, electricity and cooking gas to all households
Bharat bond ETF fund is going to be launched on 12th December, 2019. Both Indians and NRIs can invest in the fund. NFO will be open for the period 12th Dec to 20th Dec 2019. (ETFs means exchange traded funds which tracks and replicates an index e.g. Nifty ETF which tracks and replicate the performance
The budget presented by Piyush Goyal is not a full budget for the Financial Year 2019-20. It can be changed once the new government is in power after the general elections. Here are the main take always from his budget: There is no change in the personal income tax slabs. If your taxable income is
When Mr. Gupta retired from service in March 2018, he was not having any idea where to invest the retirement corpus for the benefit of his family. Immediate financial goal for Mr. Gupta was daughter’s marriage & a monthly cash flow for the rest of his life. After seeing the good balance in his bank,
