Know the Impact of Budget 2018 on your Taxes
With every Union Budget, the average tax-payer looks at different amendments in the income tax slab rates or other exemptions and deductions. This year’s budget was no different. Though there was no change in the income tax slab rate (which happened in the last budget), there were various proposals which impact your taxes. Do you know about the revised tax impact of the Union Budget 2018?...
Why ULIP is better than Mutual Funds?
Both ULIPs and mutual funds have many similarities which is why they are often compared against one another. Investors have an unending debate on the benefits of mutual funds over ULIPs and vice versa. Some say mutual funds are better while others say ULIPs are. What do you think? If seen in depth, if you have a longer investment horizon (more than 7 years), some ULIPs gain...
Saving Lessons You Can Learn From Your Parents
Balancing all one’s expenses, desires and goals comfortably with one’s income seems to have become a never-ending and exhausting task. No matter what one is earning, it never seems to be sufficient to take care of everything. Yet if we look back, we will realise that our parents always seemed to be a lot more relaxed regarding their attitude towards money. Irrespective of their earnings, it...
Invest easily with Fintoodirect – An Online Investment Platform
Fintoo is a premier online platform by India’s leading Financial and Tax Consultancy Firm, Financial Hospital. Fintoodirect makes mutual fund investments easy and effective. This online portal allows individuals to easily invest and track their entire portfolio. A tie-up with 22 leading AMCs (Asset Management Company) ensures that investors don’t have to take a chance with average...
Top 5 Equity Mutual Funds For 2018
The equity market is on a roller coaster rider following the tax imposition on long term capital gains. Though investors are still reeling from the shock of having to pay tax on their incomes, mutual fund investments hold attraction with many. The potential for return through equity oriented mutual fund schemes is quite high which makes equity mutual funds a top pick for many...
LTCG Tax on Equity Investments from 1st April, 2018.
According to the provisions of the latest Union Budget, 2018, a long term capital gains tax would be imposed on long term capital gains incurred from selling equity shares or equity-related investments. This provision has got investors worried about their equity investments. They are in doubt whether to hold onto their investments or to sell them off before 31st March 2018 and book their...
Separate or Joint Will : Which is the Right Choice?
Creating a Will can be overwhelming and uncomfortable for many. Coming to terms with one’s own mortality as well as deciding on the distribution of all assets can be quite a tumultuous task. However, this legal document is critical to ensure that your loved ones are taken care of after you pass away. For a lot of couples, creating a joint Will may seem easier, but is rarely recommended. Even...
Prevent future hassles with the right legal Will advice
The ritual of creating one’s own Will can be quite daunting for many. Not only does one need to divide their investments and assets among their loved ones, but also come to terms with their own mortality. Yet, without this document, the estate and investments accumulated during a lifetime of hard work could be in jeopardy with legal hassles preventing the transfer of assets to your...
Top 5 Pharma Stocks To Look After In 2017 For Maximizing Returns !
Certain sectors like pharma that are open to inventions that can add value to healthcare and life are always popular options for investors since they produce good returns. Just because pharmaceuticals is the most promising sector to come out with new and innovations, investors always look up to them for maximizing returns. This is the way we have seen the unprecedented growth of certain...