Personal Finance

The Balancing Act – professional and personal life

Professional and personal life is an extension of oneself. In day to day life, we come across situations that require us to adapt to meet the demands of the situation. Most often, we are coping...

Allocate your capital smartly

Invested in mutual fund or have you diversified your portfolio yourself? Did you find yourself amongst lucky few to be on profitable side or just blamed downward spiraling economy? Okay I hear you, someone prevaricated...

Meaning of money in one’s life

Money is that which enables material transactions in life. Man has created a market place which enables the demand and supply of goods and services. From a purely utilitarian point of view money is the...

HDFC ERGO launches health claim services

HDFC ERGO General Insurance (A Joint Venture between HDFC of India and ERGO International AG, the primary insurance entity of , has launched Health Claim Services for its customers. It will be a single window for...

Get to know your Wealth Tax

Dear Investor/Tax payers today I would like to explain Wealth Tax – Its Applicability, How it is calculated, Due dates and Fines and penalty in case of default. Applicability As per Income Tax rules, Every...

Get ready to furnish Foregn Assets in new I-Tax forms

In case you hold foreign bank accounts or properties, be ready to provide more information from now onwards as part of Income Tax Return (ITR) disclosure. With a view to keep tab on Black Money...

Know your Tax Saving Instruments

Dear tax payers, get to know the financial instruments through which you can save tax and these instruments can go a long way in your wealth creation and retirement planning too. What is ULIP ULIP...

Ready Recknor : Tax Deductions

To make Tax deduction much simpler to understand we present a detail descriptions of various sections under which Tax deductions are applicable are listed. Section Nature Description 80CCC Payment of premium for annunity plan of...

Invest in IDFC Long term Infra bond

IDFC has announced the public issue of the third tranche of long term infrastructure bonds of face value of Rs 5,000, in the nature of secured, redeemable, non-convertible debentures. The bonds have been rated as...

Enjoy retirement with Post office Senior Citizen saving scheme

Enjoy your retire life along with securing your monthly income with Post office senior citizen saving scheme. You can keep maximum of 15 lakh of rupees in such scheme. With a return of 9.3 per...

Asset Allocation : Key to Financial Sucess

Right mix of asset allocation is vital to long-term financial success. Timing the market in any specific asset class whether Equity or Real estate or Debt for maximum return is very difficult and may prove...