Survey after survey reveals the worrisome state of retirement savings in the India. 24 Aug 2017, RBI survey revealed that,77% of Indian households either do not expect to retire, or have not actively planned for retirement, Interestingly, despite the large share of real estate in household wealth, only very few households expect to benefit from … Read more5 Simple Steps To Jumpstart Your Savings
What would you do if you don’t have enough savings and require additional funding to pay your medical bills, or looking for down payment for New car, plan a wedding or take a family vacation? In the current world there is easy access to funding in the form of personal loans. You may go for … Read moreHow a short-term loan can improve your CIBIL score?
Over the years, you might have come across quite a few ‘golden rules’ of personal finance. You may have read up about these personal finance tips online or learned a rule or two from friends, family, colleagues, etc. The rules almost seem quite predictable: Save more, spend less, invest, plan for retirement, etc. The list … Read more7 Golden Rules For Successful Personal Finance Management
Sukanya Samriddhi Yojana (SSY) is a monetary savings scheme provided to all households to help them endure the fundamental expenses of raising a woman child, especially her schooling. It is a deposit scheme for the woman child introduced under the government campaign “Beti Bachao Beti Padhao”. It needs a minimum deposit of Rs. 1,000 and … Read moreSukanya Samriddhi Yojana-[Details &Rules]
A guide on Hra calculation and how to claim Exemption. Salaried individuals who Reside in a rented home Can claim House Rent Allowance (HRA) to lower taxes. This may be partly or completely exempt from taxes. The allowance is for expenditures related to accommodation that is rented. If you do not live in a rented … Read moreHRA calculation- How to claim House rent Allowance [HRA]