Hi,
I want to plan for the year 2013-14. I am 28 years old and likely to get married in few months.I am the sole earning member in my family and lives with my parents as of now. My annual gross income is Rs.7 lacs.
Savings:
1)EPF of Rs.5k per month which turns out to be Rs.60k per annum
2)SIP of Rs.1k per month in each Mutual Fund
i) DSPRock Top 100 Equity Fund
ii) HDFC Equity Fund
I want to take home loan for Rs.20 lacs in this fiscal year.
Pls suggest me how to manage my income with good savings and investments and lesser income tax.