Many middle class investors in India, especially those from the IT sector, are buying houses. Then there are many who are buying their second homes. Returns from real estate as an investment avenue is only second to equity. And to make it more simpler, you have home loans to assist you in buying your lovedRead More
Impact of petrol price hike [infographics]
Petrol and inflation – two words that can get the corpses out of the graves these days in India ! The news is that they are going to increase the prices of petrol once again. That too by an approximate Rs 8. That is a huge dent in your wallet. I began by calculating howRead More
The best way to protect your home loan – home loan insurance or term insurance ?
A home is one of the biggest investments of your life. In most of the cases, investors take a home loan in order to buy the house. When a home loan is taken, it essentially puts your house on mortgage. The house is owned by the lender as the lender has paid you a loanRead More
Taxable income calculator [infographics]
Here is how you can calculate your taxable income. All the 5 heads of incomes have been shown in a graphical format for easy interpretation. The deduction under various sections like Section 80C and others is also depicted. The taxable income is the figure on which your final tax is calculated according to the slabRead More
Currency depreciation and Its Impact
The government has slid into a black-hole of policy paralysis; the stock market continues its southward journey each day and now to add to the woes of investors, the rupee or currency depreciation has got people worried. Does Currency depreciation Impacts Investments – Yes. Let us check- How? The silver lining is that we shouldRead More
Who Should Fill Insurance Application Forms ?
One of my clients Prabhu (name changed) called me over the weekend to understand whether I being his financial planner, could fill in his life insurance application forms for him. While I had to convince him that I would like to do something better, his next question left me breathless. It was “Why can’t theRead More