“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” — Dave Ramsey. When one starts understanding the value of money, savings, and future goals, they will excel and build an…Read More Best Tax Saving Investments and Tax Calculations with it
Investing is the smartest way to deal with surplus cash. Even for regular office-goers investing in a mutual fund scheme makes so much more sense because it increases their chances of creating wealth. Over the past years, mutual fund investment schemes have proven to fetch higher returns as compared to traditional investment options like Public…Read More How Does the 3 Year Lock-in of ELSS Compare to Other Tax Saving Instrument?
“In this world nothing can be said to be certain except death and taxes,” is a famous quote by Benjamin Franklin. Surprisingly, it also holds true in the world of wealth creation. You invest in several financial instruments to get good returns and fulfill your life goals. You then later realize your capital gains are…Read More What Makes Tax-Saving Exercise an Integral Part of Financial Planning?
When looking for an ideal investment plan, we all look for certain benefits. To maximize the benefits and tax savings, one needs to narrow down and shortlist multiple tax saving investments. These options offer tax breaks and deductions in adherence to the governmental guidelines. If you are an investor, you might have more preference towards…Read More 5 Investment Options with Dual Tax Benefits
Introduction Life throws up several financial challenges and to effectively tackle them, one must know how to make the most of one’s investment portfolio. ULIP is one such instrument which can be tailor made to suit the diverse financial goals of each investor at different stages of life. We shall study how one can utilize…Read More Know How to Make The Most Out Of Your ULIP Investment
Indeed, the love of a family is life’s biggest blessing. Under the umbrella of family’s love, you feel mentally secure. But do you know, along with mental support, you can also increase financial well being through your family? Here are some ways through which your family can lighten your tax burden: Buy a Family Health…Read More How Can Your Family Help You in Saving Tax?