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Paid a home loan prepayment fee? You can get income tax benefit
Income tax isn't as easy subject to understand and to make the most of this latest development, be intentional while filing your returns. #Income tax #property #Home loan #PersonalFinance #prepayment fee
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Inflation indexed bonds on 4 June: Here's what you need to know
The 1997 IIB issuance was in the form of Capital Index Bond (CIB), where only the principal repayment was indexed to inflation. The current CIB version of IIBs will protect interest payment as well as principal repayment from inflation. #WPI #PersonalFinance #CPI #Inflation-Indexed Bonds
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Going on vacation? Don't expect LTA if you travel abroad
Many know that LTA can be claimed only for domestic travel within the country. But what if your travel includes a foreign trip, but the final destination is India? Can you claim a LTA for such a journey? #Domestic Travel #PersonalFinance #Tax exemption #air travel #LTA #International Travel
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Are equity MFs losing flavour?
Most smart investors over the years have credited equities over debt instruments, as the reason for their success as investors. But, are equity Mutual Funds (MFs) loosing it�s ground? #Sensex #nifty #PersonalFinance #Profits #Equity mutual funds
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Why online brokerages might just be cheaper for retail investors
If you plan to enter the equity market, availing the services of an online broker would probably work out cheaper for you than availing the services of a traditional brokerage house. #Stock market #equity #PersonalFinance #brokers #agents #Online Brokerages
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Why rationality is important while taking financial decisions
Financial decision making is a crucial factor in the life of an individual as it has got the potential to affect many aspects of life; therefore it is very important that these decisions are taken in a prudent manner #travel #Business #Debt #Marriage #Education #Pension #PersonalFinance #Income #Financial Planning
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Not getting education loan? Co-op banks might be the answer
Cooperative banks�scheduled urban cooperative banks or state cooperative banks�nowadays offer different types of loans, including education loans. #PersonalFinance #Education loans #Co-operative banks
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Five things you need to know about supplementary credit cards
We bring you five things you need to know about supplementary credit cards. To know more, read on. #Shopping #Debt #ATM #PersonalFinance #Supplementary Credit Cards #International Credit Card
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Why stage-wise financial planning is important
While many people may be aware of the significance of planning their finances, they lack a systematic approach. Goal-based approach is missing in the Indian context. #PersonalFinance #Wealth stage planning