Personal Finance Blog
There are certain changes to Health Insurance Tax Benefits 2018-19 (AY 2019-20) after the Budget 2018. Many of us have health insurance either from our employer or on our own. However, we forget to claim a few tax benefits. Hence, let us understand these changes in detail.We all know the importance of health insurance in today's costly medical … [Continue reading]
The biggest goal of an individual's financial life is to plan for Retirement. Hence, the financial industry came up with so many FANCY Retirement Calculators. You just have to input the data and within few minutes you end up with desired numbers to achieve the retirement goal.Is Retirement Planning is so easy? Whether we must trust these … [Continue reading]
Whether Debt Funds are alternative to Fixed Deposits (FDs)? Recently Reliance Mutual Fund launched one NFO Reliance Nivesh Lakshya Fund. One of my blog reader unluckily brought to my notice after the NFO was over.However, this is the classic example of how debt funds are sold by few as an alternative to Fixed Deposits. Hence, thought to write … [Continue reading]
What is the applicable latest Post Office Small Saving Schemes Interest rates July-Sept 2018? The government announced the interest rate for PPF, Sukanya Samriddhi, NSC, KVP Interest Rates July-Sept 2018. Let us see the changes applicable with effective from 1st July 2018.Earlier the interest rates used to be announced on yearly once. However, … [Continue reading]
Now Income Tax Department started new facility of avail instant e-PAN online at free of cost. Those who have not PAN card can apply and avail e-PAN instantly at free of cost. What is e-PAN? e-PAN is a digitally signed PAN card issued in electronic format by Income Tax Department using Aadhaar e-KYC process. Hence, to avail this facility, you must … [Continue reading]
Do you wish to check free CIBIL credit score on WhatsApp instantly? Many of us aware that now we will get yearly once free credit score. Let us see the process in detail. What is the meaning of Credit Score or Rating? A credit score is a number that shows an individual’s creditworthiness. Usually, banks or lenders use this credit score to … [Continue reading]
It is pleasure to share with you all that I am launching a Fee-Only Financial Planning Service. I have received my SEBI RIA registration certificate. Hence, happy to launch the much awaited Fee-Only Financial Planning Service.As you may be aware that during the 6th Birthday of my blog, I have announced you that I am planning to launch … [Continue reading]
What are the types of Debt Funds in India after the SEBI's Categorization and Rationalization of Mutual Fund Schemes? How are they classified now? Let us discuss on this aspect in detail.The Debt Funds in India after SEBI's Categorization and Rationalization of Mutual Fund Schemes are mainly divided into 16 types. However, to make it simple, … [Continue reading]