House Rent Allowance or HRA is an allowance given by the employer to the employee for taking care of his rental or accommodation expenses. Note that your employer can choose to offer you HRA in your salary package irrespective of whether you live in a rented accommodation or in your own house. While most ofRead More
Taxation of Debt Mutual Funds for AY 2010-2011
A debt mutual fund invests primarily in debt instruments, that is government securities, bonds and money market instruments. A debt mutual fund is defined as one which invests less than 65% of its assets into equities. Let us check on what taxation of debt mutual funds means to the retail investor. The scope of theRead More
Top Personal Finance Magazines of India
Which are the top personal finance magazines of India? In fact, how many are there in total? Many of them shut down due internet boom but still many top personal finance magazines have faced the competition and emerged in today’s times. I have updated this till May 2020. I could not count beyond 5.. theRead More
Can money buy happiness ?
Can money buy happiness ? This is a question asked a zillion times over and researched heavily and the answer has been a resounding NO. Money cannot buy happiness. Well, in the short term it can but over the long term, it calls for a disappointment. Studies have revealed that humans are never satisfied withRead More
4 rules for Fundamental Analysis of Stocks or Stock Valuation
Fundamental Analysis of stocks is a topic on which realms and realms of paper have been dedicated. One such book, “A Random Walk Down Wall Street” by Burton Malkiel talks about four important determinants or parameters that can be used for the fundamental analysis of stocks. If used properly, these four inputs can be used toRead More
HDFC Top 200 mutual fund review : stellar performance
HDFC Top 200 mutual fund is one that you cannot give a miss. Coming from the stable of HDFC Fund house, its no surprise that this fund has performed consistently over the years. HDFC fund house has some of the best mutual funds to its credit. If you do not have this in your portfolio,Read More