Dust from Budget has settled, its time when mid-year changes in taxation & changes in investments are rolled out. For September 1, these new 7 changes will have an immediate and lasting impact on how we deal with money. So here are the 7 Changes in Personal Finance w.e.f. September 1, 2019. Changes in TaxationRead More
Recession in India… R U Investing in DEAD?
Last 15 Days, have been so much depressed from Equity Investing point of view. Investors who are seasoned had a chilly! As usual, media has started firing all canons of negative news and finally it is impacting again. Last week a prominent Newspaper cover story was – How To Tackle Recession? So fear of “recessionRead More
FAQs – Late Filling of ITR, Refunds & Verification
31 Aug 2019 is over and this was the last date to file Income Tax Returns for FY 2018-19. But what if you missed ITR filing deadline? Late filling of ITR is a serious blunder and let’s see how this can be tackled? Also, if you have filled, your wait for verification of ITR, revisionRead More
15 SIP Myths Busted
Systematic Investment Plans (SIPs) have become immensely popular with lakhs of individuals opting for them. Almost 9000 Crores of amount hits the bank accounts of the proud SIP owners. SIPs definitely are an effective tool to multiply your wealth, but their growing popularity has resulted in certain misconceptions among investors. Given below are 15 popularRead More
How to Invest in Mutual Funds for the First Time
If you are thinking – How to invest in Mutual Funds for the first time, you will really face some tough questions. Where to invest – Equity, Debt or Hybrid? Which mutual fund scheme to choose? Is past performance any indication of the future? Which Fund House? And how to start investing? Let me helpRead More
What is Liberalised Remittance Scheme (LRS) ?
Updated: 17 Sept 2019 Till June 2004, even if you had to send some money abroad, you needed RBI permission. But after the introduction of Liberalised Remittance Scheme or the LRS, the need to take permission every time you have to send money abroad was abolished. This has helped NRIs, their families & business interests.Read More