Small Savings Schemes Interest Rates Revised For 3rd Quarter (October-December) Of Financial Year 2018-19

Small Savings Interest Rates FY 2018-19
Government has revised the interest rates on popular Small Savings Schemes for the 3rd Quarter of the Financial Year 2018-19. The news is definitely going to delight the investors, as the rates have been raised across popular small savings schemes by up to 40 basis points. Previously, Government had decided to align the small savings interest rates with the relevant market rates of Government Securities. The rates are now recalibrated every quarter in order to maintain it at par with…

“Start Financial Planning”: Online Account For Investment

Online Investment Platform
Individuals new to the “Financial Planning” are often unsure about the manner in which they can start investing. Thus, majority rely on their friends, family members, or colleagues for investment advice. The idea is not bad but opting for an expert advice is always recommended when it comes to investment. In my previous post I had discussed about the Online Financial Planning, the manner in which it assists Individuals with their “Investment Plans”. In this post I will discuss, the…

Online Financial Planning: Simple & Easy Step Towards Smart “Financial Planning”

Geojit Online Financial Planning
“Lack of Investment Strategy along with undefined financial objectives is hampering your Financial Planning?” Well, most of the Individuals are often confused when it comes to investment decision. This is largely due to the fact that many of the investors lack the expertise when it comes to choosing the right investment strategy, leading to bad investment decision. Hence, it is important for an Investor to get an expert guidance which would help them choose the ideal investment strategy to accomplish…

Mutual Fund Taxation-Capital Gains

Capital Gain Mutual Fund Tax
Capital Gain Tax is levied on transfer (sale) of Capital Assets. Investment in Mutual Funds is ideally done with the aim to earn decent returns which would enable Investors to meet future financial objectives. Capital Gain Tax on Mutual Fund gain is levied as per the provisions under the Income Tax Act. In this article we would try and understand the Mutual Fund Taxation-Capital Gains and Tax Implications. Classification of Mutual Funds (Long or Short Term Gains) Capital Gain may…

Tax Benefits on Health Insurance

Health Insurance is aimed at providing the Insured with financial cover in case of any medical exigency.  Health Insurance covers the medical cost incurred on treatment undergone by the policy holder or any of the member covered under the policy. The Health Insurance plans have been discussed in my previous articles. However, in this post I will discuss about the Tax Benefits on Health Insurance available to the Individuals on the premium paid towards the same. These tax benefits are…

Health Insurance: Importance & Need

Health Insurance
“Health is our greatest Asset”, every individual should follow a healthy diet in order to keep oneself fit. As unhealthy lifestyle leads to health ailments which not only restricts normal life but also leads to financial drain. It very important to stay as fit as possible and be disciplined in life. Individuals should also ensure that they have adequate financial cover in case of any eventuality. Thus, Health Insurance is a necessity with the rising treatment costs coupled with inflationary…

Personal Accident Insurance

Personal Accident Insurance
“Life is Uncertain”, one may not be able to anticipate any eventuality which may arise in the future, but can always prepare him/her self against any such scenario. Thereby, planning for the future is very important, especially “Financial Planning” as it would ensure that our future goals and obligations do not suffer due to our own shortcomings. Personal Accident Insurance plan is one such financial cover which is often ignored while chalking out a “Financial Plan”. More so, as no…

Xiaomi (Huami) Amazfit Bip Smartwatch

Amazfit Bip
Huami has recently launched two smart watches in India, Amazfit Bip and Amazfit Stratos. The Amazfit Bip is the economical variant priced at Rs 5,499/- while Amazfit Stratos is a premium variant priced at Rs 15,999/-. Huami is a subsidiary brand of Xiaomi (popularly known as Mi in India), involved in designing and manufacturing of smart wearable products. The variants had earlier been launched in China and US before making its way to India. The smart watch is available exclusively…

How to e-File Income Tax Return (ITR1-Sahaj)?

File Income Tax Return
The last date to file income tax return for the Financial Year 2017-18 (Assessment Year 2018-19) is 31st July, 2018 (Date extended till 31st August,2018 for certain categories of tax payers). Previously, I had shared details of the Income Tax Return (ITR) Forms applicable for different class of income, link for the same is provided below. Income Tax Filing: Types of Income Tax Forms Income Tax Slabs For Financial Year 2017-18 (Assessment Year 2018-19) In this post I will discuss…

SIP By SIP, Plan for a Secure Future!!!

SIP Investment
Ever imagined that securing one’s future could be as easy as taking a “SIP” of Coffee? Sounds weird!!! Well, I’m going to explain as to how one can easily secure his/her future just by being financially disciplined. In my previous post I have already expressed the need to “Plan Your Investment”, in this post I will discuss the possible ways to achieve your Financial Goals with small investments. Attainment of Financial Goals does not necessarily require lump sum investments. The…