If you invest Rs 1.5 lakh in tax-saver ELSS funds in a financial year, chances are that you will not get the full tax benefit on the invested amount of Rs 1.5 lakh. Why so? It is because from July…
Read More Rs 1.5 lakh (+ Rs 500 more) required to get full Rs 1.5 lakh ELSS tax benefit
Recently, there was a lot of noise on social channels about the rise in the number of unicorns from India ("Unicorn" is a term used to describe a startup company with a value of more than $1 billion). Here is…
Read More Should small retail investors invest in Startups in India?
There is a change in the TDS rules for PPF withdrawals. Going forward, if you haven’t filed your income tax returns (ITR) during the last 3 financial years, then your PPF withdrawals will witness TDS (or tax deduction at source).…
Read More TDS on PPF Withdrawal: Pay 2-5% if not filed ITR in last 3 years
There is a small difference in the following 2 questions: SHOULD I invest more than Rs 1.5 lakh in ELSS funds? And next one is CAN I invest more than Rs 1.5 lakh in ELSS funds? As you would have…
Read More Should I invest more than Rs 1.5 lakh in ELSS funds?
If you are a salaried employee, then chances are that you have an Employee’s Provident Fund (EPF) account that you regularly make contributions from your salary deductions. You might know what the latest EPF interest rates are, but do you…
Read More How to calculate EPF interest on your EPF account balance (2025)?
Many mutual fund investors invest a lumpsum amount to take benefit of sudden and sharp market movements. And they want to get the same day’s NAV when they invest. But this isn’t as easy as it might seem now. As…
Doing a monthly SIP in Bitcoins or if you want to build a small portfolio of different coins, then doing a monthly SIP in cryptocurrencies of different types. Does it make sense for Indian investors? This idea of a systematic…
No. This is no April Fool’s thing even though it might seem like one. In less than 24 hours after announcing big rate cuts, the government took a u-turn, backtracked on its decision and reversed the rate cuts by withdrawing…
Read More PPF, Sukanya Rate Cuts Withdrawn. But take the hint & Be Ready
Want to send your child overseas for studies? As parents, many of you might want your children to go abroad for higher studies. Isn't it? However, higher education in foreign countries can be an expensive goal. Though it varies from…
Read More What is Cost of Studying Abroad (in Foreign) for your Children?
So another financial year has come to a close. So if you want to know answers to question like what was Sensex returns in FY2020-21 or Nifty returns in FY2020-21, then here is a comparative analysis of Sensex Financial Year…
Read More Sensex & Nifty Financial Year Returns (Updated FY2020-21)
I was recently quoted in Economic Times WEALTH (March-April 2021) in the Q&A section where a panel of experts answer reader's questions related to any aspect of their personal finance. Here is the reader query about investing Rs 40,000 per…
Many people have a goal like that - to have Rs 1 crore corpus someday. Its another matter whether it would sufficient or now (read why here). But most Indians focus more on tax-saving that anything else in their financial…
In India, many PPF account holders have a habit of depositing full Rs 1.5 lakh in PPF between 1st and 5th April to maximize the interest benefit for their PPF accounts. However, many investors do not know how PPF interest…
Read More Why Invest Rs 1.5 lakh in PPF before 5th April? (2025)
Do you want to know about the Biggest Single Day Falls in Sensex? So you are at the right place. Let me share some details of the biggest Sensex Falls in history in one day. Or as many would like…
Read More Biggest Sensex Falls (Worst Single Day Falls: Updated 2024)
Do you want to know about the Biggest Single Day Falls in Nifty? So you are at the right place. Let me share some details of the biggest Nifty Falls in history in one day. Or as many would like…
Read More Biggest Nifty Falls (Worst Single Day Falls: Updated 2024)
