Like our physical health, we generally ignore a needed financial health check-up also because both require technical advice, a long-term view, and proactive approach. But you don’t need to be scared; this article will articulate over various areas of personal finance and guide you along the way. In the money world, our earning life is […]
Begin with Financial Plan is half-done
Begin with financial Plan is half done the phrase, goes to Mr. Arvind Rao, aged 30 years, and who is working in Chandigarh-based Company at a managerial level. His wife, Sunita, aged 27 years, is working in Private Company. The couple has decided to get their financial plan when the most people in their age […]
House Purchase in the Tax Edge
Sushil Kumar, 35 and Reena Gupta, 33, Mohali-based software professionals have been residing at rented accommodation and contemplating to buy a new house for their own residence. Amidst so many choices in the real estate market, couple has to take the most important decision as they whether to go for a ready-to-move or an under […]
5 Financial Resolutions make New Celebration in 2014
And this year, we have another chance to get it all right because all of us must have already made personal targets to achieve in the New Year, but have you ever made any resolutions concerning your personal finances in the New Year? If so, how did you do? Did you attain your financial goals, […]
Steps to Calculate Own Insurance requirements
Getting adequately covered is also not easy as there is no single formula for evaluation of the amount of life insurance coverage one needs. The standard practice of financial advisors, however, is being used to determine the life insurance coverage through certain thumb rules which are a very often, a rudimentary method is 10-12 times […]
Are your Assets under the Purview of Wealth Tax?
Glad to know that you have generated assets more than enough, thanks to the biggest obsessions of Indian investors towards real estate and gold. Many people are not acquainted about wealth tax, it is the less famous sibling of income tax, which is payable on the wealth accumulated by individuals over the years. As it […]
The Right Choice: Independent Financial Planner?
There are number of financial and non financial firms in India which are operating their financial planning services and wooing the investors. But they are more concerned with ‘investment orientation’ than ‘goal or plan based’ having no personal touch. The reality of these firms is set up for getting the brokerage on financial products in […]
Retirement Planning: A Real Case Scenario Review
Most people are not able to set aside the amount of money needed for their retirement. Because, they are either contribute only a part of it or not at all and ultimately, have they ended up postponing their retirement plans. As a result, they are found the deficit in their required retirement corpus at later […]