Some good news after all ! If you are salaried and have income less than 5 lakhs, your IT returns are no longer a necessity ! You might not be required to file an income tax return (ITR) provided you meet some conditions. It must be noted that the exemption from filing the income taxRead More
How to Open a DEMAT Account in India ?
Do you know how to open a DEMAT account in India ? If not, here is a small primer on it. This is on the back of readers asking how to open such an account and what it actually is. Everyone must be aware that a DEMAT account is meant to be used when you haveRead More
15 Rules of Common Sense Investing
Investing your money and growing rich requires as much common sense investing as knowledge about the various investment classes, how they work and how to best invest in them. Sensible investing can be done by anyone who knows the rules of the game and is aware of the following simple principles which need to be applied toRead More
SIP in stocks for higher returns
If you are a die hard fan of equity investing and buy direct stocks, here is another alternative for you. Now you can SIP in Stocks in India as well ! The famed concept of systematic investment planning (SIP) in mutual funds is now applicable to stocks as well. While the concept is exciting, you needRead More
Need of Financial Planning for Our Parents
The need for financial planning is becoming more prevalent day by day. Financial Planning for our parents is also the need of the day. We recently had a 24 year old client who showed great foresight in doing his financial planning at such a young age – more so when his income was very less.Read More
Is LIC Jeevan Arogya Policy Worth Buying ?
The Life Insurance Corporation of India (LIC) has launched a new health insurance policy by the name of LIC Jeevan Arogya. LIC laments that in these days of exorbitant health-care costs, you should be armed with a health insurance policy so that your goal based investing approach to making money is not affected. That is honestRead More