Repayment of loans (vs) Investment
Introduction There is a general confusion among people whether they should repay the existing loan or invest the money?. There is no rule says that either of the option is good, because it differs for each person’s capacity and the nature of debt or investment. In this post I will be writing down few points [...]
New Tax Code to be UnVeiled
In this post I am writing about the new tax code which will be announced by the next budget. The news about the new tax code looks very good and it is heaven for the salaried people because it is mostly benefited from the salaried professionals by slashing the Tax Rates. Lets look into the [...]
Budget 2009 Highlights
Yesterday Union finance minister announced the Budget for 2009-2010. This blog summarize the important points on the budget. Silver to cost more. Tax to be levied on Law Firms. Textile units to receive tax holiday. LCD TVs to cost less. Custom duty on LCD TVs cut from 10% to 5%. Set-Top Boxes to cost more. [...]
Difference between Investment and Insurance
This blog post explains the difference between Investment and Insurance. Most of the time people confuses both savings and the insurance. Some times without proper knowledge investing in the insurance will eat your money. Here you will see a simple example explains all that. Insurance is nothing but an agreement between the insurer (The Insurance [...]
Learn About Mutual Funds
Introduction In this blog I am writing about the Mutual Funds and risk factors involved in investing on Mutual Funds.Now a days investing in the share market and mutual funds are become very common and people choose mutual funds for one more reason, TAX Savings. As I heard, most of the people who invested on [...]
