Wealth

Best Fixed Deposit Interest Rates for Senior Citizens

Thumbnail image for Best Fixed Deposit Interest Rates for Senior Citizens by Kuldeep May 22, 2012

Everyone needs savings and especially when someone is in the later stages of the life it becomes even more essential for the senior citizens to get income out of their savings. Because at that point of time they are not able to work properly and needs rest. So saving plans or fix deposits become very [...]

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Four ways to escape from income tax!

Thumbnail image for Four ways to escape from income tax! by Shakti Singh Dulawat May 21, 2012

Income tax is a big source of raising revenue for the government of the country, however; it brings a feeling of headache and seems like a burden when you have to pay it. Everyone seeks to escape from paying income tax as it brings a feeling of wasting money because a big part of your [...]

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Income tax section 24 benefits of a housing loan

Thumbnail image for Income tax section 24 benefits of a housing loan by Divesh Singhvi May 21, 2012

There are two parts of a house loan reimbursement –Principal and the interests, and each of these parts is treated distinctly the calculation of tax profit functions. The principal value is roofed underneath Section 80C and includes a limit of Rs. 1 Lakh. This can be solely on the market to you if you reside [...]

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Recommendations and info graphics by Warren Buffet

Thumbnail image for Recommendations and info graphics by Warren Buffet by Shakti Singh Dulawat May 20, 2012

I pick out a brace of elder maxims as my leaders to guide me towards my future. With the help of this self adopted analysis, I found myself bound wiser rather than older with anniversary casual year. Prior to taking a proper start, Mr. Buffet has a catechism for you “If you apprehend to be [...]

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What is meant by the “Rule of 72”?

Thumbnail image for What is meant by the “Rule of 72”? by Divesh Singhvi May 19, 2012

The “Rule of 72” may be a simple source to actuate the accurate or assumed time taken when an investment will yield double, accustomed with a standard annual interest rate. Investors can get an approximate calculation of years in which an investment will yield double by simply dividing 72 by the annual interest rate. Assume [...]

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Guidelines To Measure The Performance Of Equity Mutual Funds

Thumbnail image for Guidelines To Measure The Performance Of Equity Mutual Funds by Divesh Singhvi May 18, 2012

Here in this article, I will present to you the ways and guidelines in order to measure the performance of equity mutual funds most especially if you are an investor.  Here then are the practical measure to know the performance of your equity mutual funds: Foremost, check the profile of the company that has the [...]

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The difference between the Value Added Tax and the sales tax

Thumbnail image for The difference between the Value Added Tax and the sales tax by Divesh Singhvi May 18, 2012

Also known as the “Goods and Service Tax”, Value Added Tax is totally different from sales tax charged on exchanges. Value Added Tax is a sort of indirect tax that is charged on goods and services at different production levels. This tax is also applied to import goods with a similar rate of local production. [...]

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Things to know before placing investment in mutual funds

Thumbnail image for Things to know before placing investment in mutual funds by Shakti Singh Dulawat May 18, 2012

Inquiring about the correct questions from an advisor about your portfolio of mutual funds are one amongst the most effective ways to make sure that you are just going through the most effective choice to get access to desired recommendations. Obtaining solutions to those questions can develop part of confidence concerning the complete investment of [...]

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Tax Slabs INDIA After Budget 2012

by Kuldeep May 17, 2012

Indian Finance Minister Pranab Mukherjee has revised the I-T slabs now. The new tax slabs have been aligning as per the proposed Direct Tax Code (DTC). No tax till 200,000 (from 180,000) 10% from 200,000 to 500,000 20% from 500,000 to 10,00,000 30% above 10,00,000 Now there is no separate exemption limit for women’s while [...]

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The information you desired to know about child insurance

Thumbnail image for The information you desired to know about child insurance by Shakti Singh Dulawat May 17, 2012

It is said by Walt Streightiff  “There are no seven wonders of the world in the eyes of a child.  There are seven million.” Being a parent, some important planning related to your children can be Education Daughter’s marriage Succession Planning for a business for best support of your family. There are a number of [...]

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