Helpful Reads

SIP- Can investing in MF’s make my investment portfolio reach the 1 crore mark?

A Systematic Investment Plan (SIP) is a disciplined investment strategy that allows individuals to invest a fixed amount of money at regular intervals into mutual funds or other investment instruments.

How Inflation eats into your real savings if you don’t invest properly

Inflation is the rate at which the general level of prices for goods and services rises over a period of time, causing a decrease in the purchasing power of money. It can affect your savings to a great extent.

TDS on RENT

TDS on Rent means that the person (tenant) paying rent must deduct a certain percentage of the rent amount and deposit it with the Income Tax Department on behalf of the landlord.

Tax on Dividend

In India, dividend income is taxable in the hands of the shareholder/investor. Tax payers are often unsure on how to treat dividend income while filing their tax return

Credit cards – a beautifully designed and fashionable liability

Credit cards are a type of financial tool issued by banks or credit card companies that allow you to borrow money up to a certain limit to pay for goods and services but in today's world they can be a great liability.

Capital Gain on Shares

Capital Gain is the profit earned when you sell a capital asset (like shares, mutual funds, real estate, gold, etc.) for more than its purchase price. This gain is taxable under the Income Tax Act.

Home Loans vs SIPs

A home loan helps you buy a house today, by borrowing from a bank or financial institution while SIPs are a way to invest regularly (monthly) into mutual funds, usually equity or hybrid.

SIP AVERAGING-How much averaging is optimal?

When you invest a fixed amount regularly (say every month) in a mutual fund via a Systematic Investment Plan (SIP), you buy more units when prices are low, and fewer units when prices are high.

Over time, this averages out your purchase cost, and reduces the impact of market volatility.

Women Need “A WILL” More Than Men

A will is a legal document that explains what should happen to your money, property, and responsibilities after you die, and names someone to carry out those instructions.