All the employers begin to collect tax planning and investment proof under 80C on december.  The advantage of early tax planning and investment is investment proof can be submitted to employer. So income tax would be calculated based on investments by employers itself.  If investment on March, it needs to be updated while filing tax. But we have to wait ...

Have you noticed that every mutual fund is marked with (D) or (G) in its name.  It is single letter in the mutual fund name, but it provides more value to your money.  In this post, we will explore Growth vs Dividend option in mutual funds.  How it impacts you and your money.  Let us explore few funds names and ...

In India, section 80C allows 1.5 lakhs from gross total income for investments, insurance and specified expenses.  This 1.5 Lakhs is non taxable to encourage saving and investment among Indian citizens.  The eligible investments include life insurance, Equity Linked Savings Schemes (ELSS) mutual funds, Public Provident Fund (PPF), National Savings Certificate (NSC), etc., while expenses and outflows can include tuition ...

Before offer you loan or credit card, Bank should know about your financial history and credit worthiness. CIBIL helps banks to measure the individual’s capability and probability of repaying the loan. CIBIL (Credit Information Bureau (India) Limited) is Credit Information Company (CIC) that provides credit related services to its members nationwide. CIBIL scores are very important when it comes to ...