Direct tax expert Vikas M Gandhi offered some valuable tips on tax saving during a chat on Thursday.
'The long maturity of these funds makes them well-suited for long-term financial goals such as saving for retirement or children's education or marriage.'
An emergency fund, as the name suggests, is one in which you have three months to six months' salary.
These tips have helped many car owners over the years.
Rishi Mehra on the home work you need to do before opting for one
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
Here are 7 ways you can get out of debt after going on a great holiday!
With a strong plan in mind, Public Provident Fund can become an important and strong part of your investment, says Naval Goel.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
Direct tax expert Vikas M Gandhi offers some valuable tax-saving tips.
Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.
'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'
Opting for slightly lower scale in clarity, colour and carat weight can bring down the cost substantially.
If used without much care credit cards can become debt traps. But there are ways to use them to your advantage, says Rajiv Raj
Communicate your every step towards the betterment of their future. If the initial hand-holding will be done right, they will understand and respect your decision of helping them, says Naval Goel.
If your child is 20 when s/he decides to pursue higher eduction and her/his current age is 3 years, then here's a plan for you...
For an entrepreneur, managing his personal finances well is half the battle won.
Home First Finance will be answering readers' home loan queries. Mail your queries to getahead@rediff.co.in with the subject line 'Home Loan Query' and we will have your queries answered by Home First Finance.
Don't focus on market or product returns -- focus on your target rate of return, and then choose an investment.
Here are few steps that if followed will put your finances on track and help you live a prosperous life with comfort
With rise in medical costs surpassing general inflation, getting a treatment/surgery or illness treated in a hospital requires an enormous financial surplus or an alternative financial arrangement. Harjot Singh Narula offers simple tips to reduce these costs
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
In India, younger workers willing to work at lower salaries are easily available, so you could find yourself out of a job before 60. Therefore, save for retirement with urgency, advises Sanjay Kumar Singh.
NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.
Right steps you can considerably reduce the tax outgo.
Despite the current bout of volatility, debt-oriented hybrid funds remain well suited for risk-averse investors.
If you think nobody will ever try to breach your data online get out of your shell. NOW!
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
The ability to make smarter data-driven decisions will be a critical skill that every employer will be looking at in every prospective employee.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Finance minister has made life difficult for seniors under the pretext of preventing tax frauds.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Here, we are going to discuss a few winter car care tips that can save you a lot of hassle, giving you a comfortable drive even when the cold is unbearable.
Images from the English Premier League matches played over the weekend.