Manage PaisaSavings Related
All readers would be very familiar with the term Mutual Funds, and most of us have also invested our savings in various Mutual Fund Schemes. During interaction with many of my friends I got a feeling that most of them had a very vague understanding of how Mutual Funds work. Understanding Mutual Funds is important […]
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 […]
In the article “ Understanding Debt-And how it is different from Equity” we had discussed the basic elements of Debt. We use Debt investments for safety of capital and steady income, and Equity for growth. We had also discussed in “Asset Diversification-The Key to Balancing Risk & Return” the importance of having adequate proportion of […]
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 […]