Redmi Note 5 or Redmi Note 5 Pro: Should You Upgrade?

Redmi Note 5 and Redmi Note 5 Pro
Xiaomi has announced their latest phones for the Note Series, Redmi Note 5 and Redmi Note 5 Pro. The Redmi Note 5 and Redmi Note 5 Pro will be available on flashsale from 22nd February,’18 on Flipkart and Mi India portal. Xiaomi has priced the device extremely competitively and naturally buyers are excited about the latest handsets. Both the devices are expected to do well especially the Redmi Note 5 Pro which offers impressive hardware specs at a very reasonable…

Xiaomi Mi TV 4 Launched in India

Mi TV 4
Xiaomi has finally launched their first Mi TV in India. Over the years, Xiaomi has been bringing in new innovative products to India and Smart TV is the latest to join the list. The Mi TV 4 was announced at the CES 2017 last year and has already been launched in China. The Mi TV 4 will help Xiaomi to set their foot in the electronic appliances segment in the Indian market, enabling them to expand their portfolio and customer…

Redmi Note 5 and Redmi Note 5 Pro Launched in India

Redmi Note 5 and Redmi Note 5 Pro
Xiaomi has finally announced their much anticipated smartphone of 2018 in India, the successor to the Redmi Note 4. This is also the Global launch of Redmi Note 5 (similar to Redmi 5 Plus launched in China last year) and Redmi Note 5 Pro, since it has not been unveiled in any other region, including China. However, unlike the previous editions, this time 2 variant of the Note series has been launched. Redmi Note 5 and Redmi Note 5 Pro,…

Tax Deductions For Financial Year 2018-19

Tax Deduction Under Section 80C
Salaried Individuals with Annual Income above Rs 2,50,000/- per annum are liable to pay Taxes on the earnings above the Income slab. However, Individuals with Taxable Income up to Rs 3,50,000/- per annum may avail Tax Credit up to Rs 2,500/- under Section 87A on the Income Tax payable. Thereby, implying that Individuals with Income up to Rs 3,40,000 will not have any Tax Liability for the Financial Year 2018-19 and Assessment Year 2019-2020. Since the newly introduced Standard Deduction…

Income Tax Applicability For The Financial Year 2018-19

Income Tax Applicability For FY 2018-19
The Tax Implications shown above is applicable for Salaried Individuals below 60 years of age. For the Financial Year 2018-19, Standard Deduction of Rs 40,000/- is available to the Salaried Individuals in lieu of Conveyance Allowance of Rs 19,200/- and Medical Reimbursement of Rs 15,000/- available in the Financial Year 2017-18. Standard Deduction is a flat deduction from the Salary Income of an Individual. However, the Cess on the Income Tax Payable has been increased by 1%. Income upto Rs…

Income Tax Slabs & Rates Financial Year 2018-19 (Assessment Year 2019-20)

Income Tax Slabs For Financial Year 2018-19
Income Tax Rates remain unaltered in the Budget 2018 for the next Financial Year. The chart above shows the latest Tax rates applicable for the FY 18-19 (Assessment Year 2019-20). However Cess has been revised to 4% from 3% and Standard Deduction reintroduced, details about the applicability on the Income along with exemption limit has been discussed below. Impact of the minor changes to your Tax Liability will be discussed in the upcoming post. Income Tax Rates applicable for Senior…

Budget 2018: Highlights

Budget 2018 Highlights
Budget 2018 is the last comprehensive budget for the current Government before General Election slated for 2019. The Budget was expected to be a populist one considering Lok Sabha as well as eight State Legislative Elections coming up. Government has tried to strike balance between Populism and Reforms. Budget 2018 may be seen as attempt to provide some benefits to each section of the society but primary focus was on Rural Population, Farmers and the Agriculture Sector. The Salaried Class…

Mutual Fund Investment: Difference between Direct and Regular Plan

Mutual Fund Difference between Regular and Direct Funds
Mutual Fund is diversified pool of funds collected from investors which is professionally managed by Fund Managers. The fund pooled by the Fund Managers is invested in purchasing securities. The fund is invested in multiple securities, Investors are expected to benefit from the diversification as the risk is mitigated and strengthens the prospect of better returns. Since the Fund is professionally managed by Portfolio Managers, the investors are saved from the hassle of managing the Fund. However, Investors may easily…

Investment in Bitcoin: Should You Ride The Wave?

Investment in Bitcoins
Cryptocurrency saw enormous interest in 2017 largely due to huge surge in the valuations along with expectation of phenomenal growth in the future. However, the new form of virtual currency exists in multiple forms making it difficult for the layman to understand the dynamics of the cryptocurrency. Even the absence of Centralized Authority and proper legislation governing the transactions makes it is highly vulnerable investment option. Furthermore, Peer to Peer based network intended to eliminate the intermediaries makes it difficult…

Investment In Properties Made Simple By SmartOwner

SmartOwner
The incredible advances in technology over the last decade have profoundly impacted humanity in a myriad of ways. In fields as varied as Communication, Entertainment, Lifestyle, Health, Education, Travel and Science, software and hardware are revolutionizing how we live our lives. Financial services are no exception to this upheaval, and a number of pioneering companies are using technology to make finding a good investment as easy as opening your computer. SmartOwner, India’s largest property marketplace, is a great example of…