Tips on Budgeting For Special Needs Children Families

Special Needs Children

Budgeting is a great tool to track your cash flows. By monitoring your expenses on a periodic basis you are able to identify where you are spending your money and how it is affecting your savings ability. A periodic monitoring helps you to take appropriate measures at right time if there are issues in your cashflows. You can also allocate a budget i.e. limit to your various expenses, to keep a check on your family spending habits. Continue reading…

8 Options For Retirement Income

Retirement

A desirable regular income which can meet our living cost comfortably is what we all wish to have when we retire.To achieve this objective we have to prepare well ahead.We need to allocate savings for retirement early in life and follow a wise asset allocation approach. However, the biggest worry comes when you have to generate income post retirement. With continuous changes in financial products there is a lot of confusion for identifying the right mix. Continue reading…

Buying Your Dream House- Be Careful!

Dream House

My friend Ajit has been searching his dream house for months now. But he has been facing difficulties in finding one in his budget.Few months ago he almost landed into a trouble when he was about to sign a deal for a house which was offered in his budget. He decided to show it once to his friend who was working with a construction company and came to know of many pitfalls which this small builder has avoided to lure customers like him. Luckily he cancelled the deal at last moment and saved his hard earned money. Continue reading…

How Capital Gains Tax Is Derived?

Lot of confusion prevails over capital gains taxation. There are various asset classes like equity, debt, gold & real estate where the gains are taxed differently. This happens due to the differential treatment of holding period of your investments while deriving the gains. Ideally when you make any investment you do it according to the time […]

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5 Facts To Know When Filing ITR Late

31st July, 2014 is the last date for filing your income tax returns. Whatever tax liability you have incurred should be paid by this date. Many of us with income tax to be paid will be busy ensuring we do not miss the deadline. Any non-payment of tax due by this deadline will demand a penalty. For others also filing […]

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Types of Risk in Fixed Income Investment

Our fixed income investments largely hovers around FDs, RDs and small savings schemes. We hardly think of investing in debt mutual funds or any other variable income instruments. The primary reason for this is the lack of understanding on risk and return characteristics of fixed income avenues. Due to this many  of us completely avoid debt products with variable […]

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What Are REITs?

In Union Budget 2014 there was a special mention to REIT i.e. Real estate investment trust. These instruments were given a pass through status. This provision was cheered by professionals and real estate companies. It is perceived that giving this status to Reits will benefit not only the real estate industry but investors at large. […]

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Tips on Estate Plan for Small Business Owners

Small businesses are run as a one man show or with few co-owners. There are many transition issues which small business owners have to face. Many a times the next generation is inexperienced and if there is a sudden death of the owner, the continuity of business is in jeopardy. If there is no Will […]

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Budget 2014: Where are the benefits?

Union Budget 2014 was looked at much higher expectation than previous budget. With NDA coming in full majority with a vision of economic development there were lot of expectations for creating provisions for common man. There were expectations on changing tax slabs, raising tax exemptions through various sections,  rise in home loan exemptions and many others which […]

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