In the ever-evolving landscape of financial advisory services in India, a multitude of factors is coming together to bring about substantial transformations. The industry is being reshaped by the influence of technology, shifts in regulations, and a steadfast commitment to inclusivity. These collective forces are instrumental in defining the current state of the advisory landscape, marking...
In the dynamic world of finance, technology is playing a pivotal role in reshaping traditional paradigms. One such disruptive force gaining prominence in India is robo-advisory. This innovative approach to wealth management is revolutionizing how individuals invest and plan for their financial futures. In this exploration, we will delve into the evolving landscape of robo-advisory in India,...
While more and more people are proceeding towards living an over-the-top EMI driven lifestyle forcing them to live a pay check-to-pay check life, thinking about financial planning itself is a sign denoting a financially independent, secured, stable and organized future. As it’s rightly said that a goal without a plan is just a wish, all your goals related to your financial stability,...
Estate planning involves preparing for accumulation, maintenance and distribution of an estate in an efficient manner which shall be in sync with your end goals. Contrary to popular belief, people belonging to all the rungs of society have the right to plan their estate for maximizing its value and passing it over to their heirs in a hassle-free manner. Today we are going to take a look...
Ambassador car was once a top gun of Indian automobile industry. Leaving apart the look factor, it was one solid performer in terms of strong body, spacious indoor and superb mileage. It was impossible to think of any suitable alternative of ambassador during the 90’s era. But a decade and significant automobile innovations later, the ambassador can hardly be traced in the automobile...
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...
The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb Right time to start retirement planning is NOW! Ideally the day when you start earning we should start saving for retirement. But it rarely happens. Many time we get retirement planning advice but very few people implement the advice immediately. Delays in implementing the retirement plan is...
Retirement planning requires careful and systematic planning. As we shift from one stage of life to another, from wealth accumulation to spending phase, we need to change our strategy. It requires us to select and follow right strategy pre and post retirement. In pre-retirement period we need to avoid common investment mistakes which may in turn hamper our post retirement life. To ensure we...