Manage Paisa
We all need money for our routine expenses and keep it in part as cash, and balance in savings account. Over time the money in excess of monthly requirements accumulates, and we generally tend to put that money in some fixed deposits. There are also some one-time cash flows on account of arrears or increments […]
“Compound Interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it “- said Albert Einstein. We all would have at some stage in our schools learnt the basic math of calculating Simple and Compound Interest. Albert Einstein has defined the power of compounding as the Eighth Wonder. To […]
We know the importance of timely Tax Planning, and factoring tax efficiency while making investment choices. The whole gambit of taxation is quite huge as it covers the entire scope of income and taxation. Some of the elements are very common, esp. to the salaried class. These should be at the back of our mind […]
The Financial Year 2019-20 is long over, and under normal circumstances most of us would also have completed the filing of Income Tax return by now. However, on account of COVID situation, the last date of filing returns for FY 2019-20 is now 31st Dec 2020. The last date for making deduction related contributions/expenses was […]
All of us need money, and most of us need it more and more. The underlying reason for the entire science of Economics is that resources are always scarce as compared to needs. At the micro level, the same applies to all of us albeit in differing proportions. At the basic level, even the poorest […]