Some people make lot of money from stocks while majority of people either stay afloat or lose money. Why this happens? Certainly it is not a matter of luck that draws so many intelligent people to the equity market. There is obviously a grave science behind making profits from stock market investments. Understanding a few factors regarding the business stocks you are going to put your hard...
Whether you are going to be retired at the end of your long professional career or just wish to take voluntary retirement only to enjoy life and freedom from compulsory professional obligations, at the time of your retirement what you invariably require is financial security or a lump sum corpus of money that can take care of all your expenses for the rest of your life. Well, there are several...
A new year is a new opportunity to think about small and large ways to improve our daily lives. We can also make some new plans to plan out our new financial diary for a brand new year.
By all means, your overall financial planning depends upon your earnings and prior assets, and most importantly entities such as student loans, housing, and car. Still, smart evaluation can keep you on a...
A lot of individuals think it is not necessary to buy life insurance coverage at an early phase of life. The reason behind buying a life insurance is to secure the future of the loved ones even after you are not around anymore. Buying it at an early age, saves a lot for your future and it is one of the best investment options. The financial experts would also propose you to buy life insurance...
Common man panics whenever there is any notice from Income Tax department and runs to tax consultant. But most of the notices are just in form of intimation or reminder, where responding within required time limit is the key. Now we will look at 6 major reasons for which you may get notice from Income Tax Department. You have not filed the income tax return Income Tax department is...
A DTAA is a tax settlement signed between two or more countries. Its chief objective is that the tax payers in these countries could avoid being taxed twice on the same earnings. A DTAA is applicable in situations where a tax payer lives in one country and earns the salary in another.
DTAAs can either be extensive to obscure all sources of income or be bounded to specific areas such as taxing...
The SCSS (Senior Citizen Savings Scheme), launched in the year 2004, was a considerable hit as it gave higher returns on the investment. It contains all the elements that a senior citizen investor could ask for: fixed returns, immunity of capital and regular payoffs. Under the Section 80C, the Senior Citizens’ Saving Scheme (SCSS) also provides tax benefits and premature...