Tag: income
Retirement planning: How to plan regular income, investments, healthcare expenses, estate planning
After putting in years of work and toil, comes the golden age of a retired life. However, the fact that we are no more earning…
Retirement planning: How to choose the right annuity plan
An annuity is an agreement between two parties wherein the insurer agrees to make a series of payments at regular intervals of time to the…
The best way to maximise your real, post-tax fixed income gains
Putting all (or almost all) of your savings in fixed income deposits. It’s a sin that’s second only to not saving, or not saving enough…
What are passive debt mutual funds: 5 things to know
1.Passive debt funds are fixed income mutual funds which track debt or money market index in terms of portfolio.2.They invest in highquality debt instruments.3.Passive liquid…
Budget 2023 impact: 100% rise in interest income from Senior Citizens Saving Scheme (SCSS), POMIS
After the rise in interest rates of small savings schemes early this year, another bonanza has been delivered for senior citizens by the Budget. The…
Union Budget 2023: Are you richer or poorer? Here’s the bottomline
(This story originally appeared in on Feb 02, 2023) Does this Budget leave you richer or poorer? The short answer is that while there’s no…
Asset allocation is a very powerful idea in personal finance
The question simply confounded me. What should I do with the maturity amount, he asked. You asked me to start this last year, he said,…
How to do financial Planning for self-employed? Read here
Akshat is a social media expert and runs his own consultancy firm. He is 32 and has spent the past five years establishing his business….
Class I Legal Heir: What are the rights of a class I legal heir?
Q.My parents’ registered will lists me as a successor and joint owner of their ancestral property. Can my brother still stake a claim to this…
Capital gains tax should be rationalised; need simpler ITR form for disclosing such income: Experts
The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income, along with simplification…