Tax saving options under Indian Income Tax Section 80C

Section 80C under the Income Tax act of India provides several avenues to save tax. Currently an individual can get tax exemption up to Rs. 150,000 by investing in these instruments. Some of the tax saving options under Income Tax Section 80C in India are PF, PPF, ELSS, NSC, SSY, home loan principal repayment etc.

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How compound interest works – for you and against you?

Compound interest is a powerful thing. If done well, the compounding machine can work wonders for your life. If not, compounding can work against you. Read more on how compound interest works – for you and against you

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The risk in not investing in equities

While equities (including mutual funds) have historically given good returns in a long time horizon. they come with a risk. However, while there is a risk associated with investing in equities, there is a risk associated with not investing in equities also.What are the risks of not investing in equities?

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Real cost of buying a home for investment

Real estate has been one of the most popular investment options among people. People buy it either for living or as an investment. Among other things such as rental income & price appreciation, the pride and satisfaction of owning a home is one of the reasons why people invest in real estate. However, what is […]

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Capital protection or capital growth?

What is your purpose of investing – Most of the answers to this question can lead to one of the following – capital protection and capital growth. Which goal should you be chasing?

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Prerequisites before aiming for financial independence

Want to become financially independent (or partially financially independent? ). There is no magic wand but to earn decently, save & invest well and keep expenses low. Doing this, you may reach closer (at your own pace, depending upon your pace!). However, before beginning the journey towards financial independence, there are certain prerequisites, that you […]

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25 financial tips for a 25 year-old

If you are 25 year old, there is a good likelihood that you would have started working or are likely to start soon. And hopefully start(ed) managing your own finances.So, what do you do next? Here are 25 financial tips for a 25-year-old!

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Is Rs 1 Crore enough to retire in India?

If you have Rs. 1 Crore in your bank account, is it good enough to retire? Answering this question in affirmative or otherwise will not make or break your F.I.R.E. journey, in case you are pursuing one. However, it is a common question and asking more subsequent questions can help you arrive at a number […]

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PPF versus ELSS – Which is a better investment?

PPF or ELSS – Which is a better investment? – is a question in mind of many savers and/ or investors. While both these instruments are popular among people seeking tax exemption under Income Tax Section 80C, their objectives & eventual returns can be different. Before we begin, let’s try to understand each of these […]

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