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unclaimed deposits in india

How to find and claim unclaimed deposits with banks, Mutual funds, Insurance policies, EPF,...

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While doing Diwali House cleaning, Shruti found one uncashed Cheque in her father’s almirah. This was the dividend cheque against shares which were not...
EPF transfer- online & offline process

How to do EPF Transfer from Old to New Company?- Online and Offline Process

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This is the last and final article of the four-article series on the Employee Provident Fund (EPF). In case, you have missed any of...
epf passbook

EPF Passbook: All you wanted to know

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This is the third article of the four-article series on the Employee Provident Fund (EPF). In case you missed the first two articles, click...
EPF how to Questions

Top 8 “How to” Questions on EPF answered

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This is the second article of the four-article series on the Employee Provident Fund (EPF). In the first article, we talked about some of...
Employee Provident Fund

Employee Provident Fund (EPF): Everything you wanted to know

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Employee Provident Fund (EPF) is generally the First Investment product that you encounter when you start your Financial journey. This is a compulsory saving...
epf withdrawal rules

EPF withdrawal rules – When and for what you can withdraw from your Employee...

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Employee provident fund or EPF is generally the first organized savings product that one experiences at the start of his employment career. The main...
Financial Health Checkup

Annual Health Checkup of Finances

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To keep up with your Physical health, it is advisable to get your Health Checkup and blood work done on an annual basis. Same...

How many Investment Products should you have in your Portfolio?

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In the fast-paced world of investing, the question of how many products one should have in their portfolio often arises. In bullish times, investors...
risks to retirement

20 Hidden Risks to Your Retirement Plan

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Retirement is an eventful time with too many changes involving many uncertainties. Financially, retirement is a dynamic goal you must reach to have a...
Job Loss

6 Mistakes You Must Avoid After Losing Your Job

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Losing a job can be a stressful and challenging experience. Not only does it take a toll on your emotional well-being, but it can...
Best Investment for Beginners- 15 Step Approach

What is the Best Investment for Beginners? 15 Step Approach

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Earlier I have written on Financial Planning or Tax planning for beginners but never touched the Investment for beginners as a specific topic. I...
budget 2023

Budget 2023 – 12 Important Proposals Impacting your Personal finances

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The Union budget is not about personal finances only and the proposals are announced keeping the overall country’s growth and prosperity in mind. It’s the...
Thinking Retirement beyond Money

How will your Post Retirement Life look like?

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When you think of Retirement, the only thing that comes to mind is how much money you should be having so you can comfortably...
NPS annuity plans

NPS Annuity Plans: How to Calculate pension amount you can get?

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When it comes to Retirement Planning, NPS has become one of the important products to consider along with PPF, EPF, Superannuation fund, Mutual funds,...
NPS for NRI

NPS for NRI 101: Your ultimate guide on National Pension Scheme in India

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This article is about NPS for NRI, NPS Features, how to open a National Pension Scheme account for NRIs in India, and how it...
Income tax deductions

Income tax Deductions FY 2022-23: Useful for Tax Planning

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Income tax deductions under section 80C, 80CCD, 80D, etc. not only reduce the tax liability but also encourages savings and investments amongst taxpayers.  Not only...
New Financial Year

10 Important Do’s and Don’ts for the New Financial Year

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Resilience, immunity, flexibility, adaptability, and protection. If we had to sum up the last two financial years – we would use these words. Not because...
Annual Information System (AIS)

All About the New Annual Information Statement (AIS)

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In the budget 2021, the Finance minister announced that going forward assessees will get Pre-Filled ITR forms. As a step towards that direction, on...
Submit form 15G to avoid TDS

Form 15G and 15H: How to Avoid TDS on Interest income?

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As per Income Tax Rules, Banks and Corporate need to deduct TDS on the Interest payment made to the deposit holder, if the payment...
Budget 2021

Budget 2021 and your Money

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Yesterday evening, I got a call from one of my clients. He told me what he understood from the budget speech was that nothing...
DigiLocker Account

What is DigiLocker? – How to open and use DigiLocker account.

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The recent changes in Motor Vehicle Rules which came into effect from 1st October 2020 say that the physical verification of vehicular documents such...
Employee Provident Fund

Employee Provident Fund Rules: 5 important things you should know

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Employee Provident Fund is proving to be a boon for salaried employees in this falling interest scenario. Be it small saving schemes like- PPF,...
Safe Investment Options 2020

6 Safe Investment Options in India 2022-23

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With stock markets going highly volatile, equity market movements are not making sense, debt funds are facing defaults and downgrades in papers and schemes...
budget 2020

Union Budget 2020 and its Impact on your Personal Finances

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Union budget has always been one of the most important events for the country as well as for Personal & Corporate finances. The government...
Pradhan mantri shram yogi maan dhan

Pradhan Mantri Shram Yogi Maan Dhan (PMSYMD)– Pension scheme for Unorganized Sector

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This may not be for you, but since you are a part of society and it is your duty to help and support your...
sip - systematic investment plan

Case Study – SIP is not the only way to save towards Retirement

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I am not sure if I can achieve my retirement goals. I need at least Rs 40 thousand per month during my retirement years...
Volatile markets - Guiding Torch

5 Best Things to do in Volatile Stock Markets

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But don’t you think Volatility is the basic feature of equity markets, and all equity investors are expected to know it beforehand that in...
deduction under section 80c

Deduction under Section 80C – All qualifying Investments and Expenses

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This article is about the Investment products and expenses that come under section 80C of income tax act. Deduction under section 80C is available...
good returns on your investments

What is a Good return on your Investment?

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Good Returns? Of course, more is always better. This is the common answer by investors. No one wants to settle for less. Nowadays everyone wants...
Debt Investments for long term

Why should debt investments be a part of your long term portfolio?

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Debt investments for long term, no way. Long term means equity only. This is what the norm these days is, this is what is...
superannuation fund benefit in india

What is Superannuation fund in India?- Vs. NPS

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Superannuation fund benefit is a kind of Pension scheme that employer provides to its employees. Since this does not require any contribution from the...
financial planning

Financial planning – Smart way of Mis selling

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Financial Planning is something which every regulator wants the agents/advisors to learn so that they are able to guide their clients well and make...
Surrender LIC Policy

When should you and how to surrender LIC Policy?

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When Ankur started his first job, on the advice of one of his colleagues he bought one LIC endowment plan. The basic purpose of...
Why is net worth important

Stop Imagining – Get real and watch your Net worth

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Rohit was travelling to Himachal for holidays and decided to stop by to meet me en route. It’s been almost a decade since we...
post office small savings interest rates

New Small Savings interest rates – Be friends with Volatility

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Sanjeev (35), like many others, feel Equity is risky. He’s afraid of seeing RED in his portfolio, even if it is notional and for...
union budget 2016

Budget 2016 and your Personal finances

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Was this budget 2016 a Nonevent? Well Yes, for those who were seeking some immediate tax benefits as always. But I think the time...
why hire a financial planner

Why you should not hire a financial planner?

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In the last few years, financial sector has gone through a sea change. Launch of new improved financial products, revamp of the old ones,...
checklist for tax saving 2015-16

10 point checklist for tax saving FY 2015-16

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We are in last quarter of financial year. Very soon you will be asked by your company people to submit your tax saving investments...
nps withdrawal rules

New NPS withdrawal Rules – 2023

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Updated on 29.06.2021 PFRDA has recently (June 2021) tweaked some of the withdrawal rules in NPS. Also, NPS is now open for individuals above 60...
tax planning tips 2015

10 Tax planning tips for 2015-16

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April is the month when your employer asks for the declaration of your tax saving investments plan for the current financial year. After all,...
budget 2015

Budget 2015 and your personal finances

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When the goal is to improve the economic condition then it is quite obvious that focus will be more on increasing the income and...
Reliance retirement fund pension fund

Reliance Retirement fund – Pension product in a new Package

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Reliance Mutual funds has recently come up with Reliance retirement fund. This fund will reopen for further subscriptions from Feb 20’2015. This Reliance Retirement...
Tax saving financial planning way

Tax saving, the financial planning way

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For most of you investments to save tax are the only investments that you could be able to make in a single year. Reasons...
expenses that derail retirement plan

This is why your Retirement Plan may fail

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I have mixed emotions towards retirement. Where I feel excitement for the days when I don’t have to work to earn my livelihood and...
budget 2014

How Union Budget 2014 will impact your Personal Finances

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As a general perception union budget is all about taxes. Tax reforms, tax exemptions, tax rebates etc. Everyone wants to know what’s in it...
manage personal finance

4 tips to manage personal finances, the corporate way

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Sushil works as a Deputy general manager in a Telecom company and earns a decent 7 figure income. He is also a zonal manager...
save taxes on expenses

Smile…you can save tax on your expenses too

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Yes, this is true. You can save tax on your expenses too. Every one of us is a victim of rising inflation in our...
best tax saving option to chose

Which tax saving scheme you should invest this year

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Suggest a good tax saving scheme…asked Manav a very old friend who usually visits me every year in January just for this question. His salary...
tax planning strategies

Tax Planning strategies for young and beginners

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Rahul was very happy while working in a multinational organization. He remains out of the country for at least 3 months in a year...
Investments product portfolio

Detoxify your Investments Product portfolio

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Detoxification of investment product portfolio is a process of cleaning the product portfolio inside out of some toxins (Bad elements) the presence of which...
best investment option

Best Investment options in India

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Asking best investment options in India has become a very common these days. Every second day I receive such kind of queries asking for...
nps details -new pension scheme

NPS details – All you wanted to know about New Pension Scheme

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New pension scheme, National pension scheme, National pension system, or whatever name you call it with is all the same. This article is to...
Public Provident Fund

All you wanted to know about PPF (Public Provident Fund)

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Public Provident Fund or as it is popularly called PPF is one of the best debt investment instruments available in India. It suits every...

Financial Plan Review is important step of Financial Planning

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Financial planning comprises of many assumptions like inflation rates, Income growth rates, Investments rates etc. which keeps on changing with the change in the...
Financial Plan Review

Must Dos….for corporate employees

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Last week I met one of my good friends, Raman, who works as a marketing head in a fast moving consumers good company (FMCG)....
Common Investment Mistakes

Common Investment mistakes…..when you don’t have a Financial Plan

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A few days back on a Saturday evening I was sitting with my good friend Vishal in a Café. Vishal works with a bank...