Is it really worth saving small amounts like Rs 2,000 per month?
A lot of young investors are often confused if it’s really worth saving small chunks of money in the start of their careers? A lot of investors don’t save enough at the start of their career and wonder if they should start saving only in the future when they are able to save a “respectable” […]
Are we rich or are we poor? A readers story
”Are we rich; or are we poor ?”…….. This was the question my daughter framed when she was old enough to seek pocket-money. Instead, we chose to keep money in a safe spot for ALL expenses including household and my job was to keep replenishing it. It was tricky to deny them a fixed amount […]
11 changes in Personal Finance Industry in last 10 yrs
We just entered 2020, and I thought let me pen down some observations of the last decade. I had started blogging from the last 12 yrs and it’s been quite a long and amazing journey. From a small blog, we are now one of the biggest personal finance websites in India with millions of readers […]
5 Major Changes in Budget 2020 (NRI Taxation Myths + New vs Old Slab)
Budget 2020 was a big event. For last so many days before the budget, there was this noise and expectations around raising 80C limits, change in tax slabs, and reversal of Long term capital gains tax on equity or at least giving the benefit of Indexation in equity taxation. However, nothing like that happened. Infact, […]
How NRI’s can claim tax benefit under DTAA?
The taxation becomes more complicated when you moved out of one country to another for earning. A lot of times, an NRI will be earning in India as well as abroad, and pay the income tax in India and abroad both at the same time, because of many country levy tax on global income. This […]
Surrender v/s Paid-up – which is better option for your old insurance policies?
Do you want to get rid of your old money back insurance plans, but are confused if you should “surrender” or make it “paid up”? Today I will explain which one is the best option amongst the two. Surrender vs Paid-up option in Insurance policies All those assured insurance plans which your parents made you […]
Arogya Sanjeevani Policy – A uniform health insurance plan (REVIEW)
IRDA has recently announced the launch of health insurance policy called “Arogya Sanjeevani Policy” (official link) which will have standard features which are required by a common man for his health insurance requirement. IRDA thought of a standard policy which will be exactly same across insurers with similar features. In this review, I plan to […]
5 changes in PPF rules which will impact you (PPF scheme 2019)
On 12th December, the Government of India has notified some changes to the PPF Scheme 1968. The government has replaced the earlier PPF Scheme, 1968 to the new Public Provident Fund (PPF) Scheme, 2019. You can view the following 5 min video I created on this topic. Let us see what changes have been made […]
Learn how to save money to do what you love [PODCAST – 49 min]
Do you want to know how to save money to do what you love in life? I recently did a 49 min audio podcast with Sanjay Khandelwal of The Break School. The podcast is mainly aimed at those who want to do something on their own by quitting their jobs, but they get stopped because […]
What is Cost Inflation Index (CII)
Can you guess, what these numbers are for 200, 220, 240 or 264? Don’t worry it is not some math thing. These numbers are used as measures to save you from paying higher taxes on the sale of any capital asset like real estate or gold. It’s the value of the “Cost Inflation Index” (CII) […]