Though you may have been given a good hike (say 20 per cent), the actual take-home salary would increase by less than 10 per cent.
STPs help you to move money from one scheme to another within the same fund
NPS shifts the onus of fund management from the company or government to you.
Some things you need, to garner an educational loan for studies abroad.
The I-T Act ensures that you cannot divert income within the family.
Paying attention to your remuneration package will lessen your tax outgo.
If you have not made any retirement plans, reverse mortgage can help you in old age.
Lead a flamboyant lifestyle but keep an eye on the future.
Investing in different asset classes gives immunity against undue market risks.
People must understand that they should buy insurance in their own interests or benefits (of their dependants) and not only as a tax-saving instrument.
Increasing asset allocation with every salary increase is a must for working couples.
Tax planning is a coherent part of any financial plan