New Year is almost here, and everyone is pumped to party hard and welcome the year in style. But before you swap the calendar, take some time to check out your current financial health, and make some financial resolutions for the coming year. This year-end review of your financial situation will help set you up […]
There is a famous saying “Advice is like mushrooms. The wrong kind can prove fatal“. When it comes to your hard-earned money, bad advice has an effect both now and for the rest of your life. Sadly, a large number of people become victims of such wrong financial advice regularly, by just watching or hearing […]
Indians are by nature excellent savers, almost each and every one of us has at least one savings account in their name. We fall in love with our bank balance once it starts approaching a “nice looking” figure. While a big bank balance looks nice, do you know that you are actually losing your hard […]
Saving regularly is the only key to ensure future financial security, but people come up with all sorts of excuses for not saving: I don’t have any surplus to save, My expenses are too high, I don’t know how and where to start etc. Your ability to save money is not dependent on your earnings […]
Until financial year 2017-18, Long Term Capital Gain (LTCG) tax on equity or equity oriented mutual funds was Nil, i.e. if investors sold their shares or equity oriented mutual fund units after holding them for more than a year, they paid zero LTCG tax. All the gains (no matter the amount) were theirs to keep without […]
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