In 2011/2012 a lot of Gold jewelry companies/shops had launched Gold Saving Scheme – an innovative way to sell jewelry which had become unaffordable due to sharp increase in Gold Prices. The broad scheme structure was the customer needed to pay for 11 installments and the company paid the last installment. The entire money could then […]
The End of Gold Saving Schemes Read More »
Filing of Income tax return could be complicated especially for those who are doing it for the first time. Thankfully over the years the forms used for Income tax returns (ITR Forms) have become simpler but still the question which ITR form to choose keeps baffling people. In this post I help you choose the
Which ITR form to Choose for Filing Income Tax Return? Read More »
The IRDA annual report for FY 2012-13 is out and the death claim settlement ratio has improved slightly for LIC (Life Insurance Corporation) at 97.7% while it has deteriorated slightly for all Private Insurers combined at 88.6%. Overall it’s at the same level at 96.4%. The table below compares the death claim settlement ratio: Few
Death Claim Settlement Ratio for Life Insurance for FY 2012-13 Read More »
We had always recommended keeping some part of your investment in Fixed Income instruments in Debt Mutual Funds like FMPs, Liquid Funds, etc. especially if the investment is for more than a year and you are in higher tax brackets of 20% or more. Budget 2014 has come as shock to investors following this strategy.
Capital Gains Tax on Debt Mutual Funds after Budget 2014 Read More »
After the formation of the Modi government in the center in May 2014, the next big thing was the budget. Media reports were full of the expectations from the Budget 2014. Finally the budget was presented by Finance Minister – Arun Jaitely. And as it happens with every budget, there were few good points, few
Budget 2014 – Impact on Your Money, Taxes and Savings Read More »
