Difference between Tax Deduction vs Tax Exemption vs Tax Rebate

We easily understand terms like income or savings, because they are relatable. But, Tax Exemption, Tax Rebate, and Tax Deductions sound tiring and dull, even though these have the potential to reduce our tax burden.lets under difference between Tax Exemption, Tax rebate, the Tax deductionTax Deduction: In simple word, through income tax deduction your grossContinue reading “Difference between Tax Deduction vs Tax Exemption vs Tax Rebate”

How to make a claim in your health insurance plan?

A health insurance policy comes to your aid in medical emergencies. It pays for the medical costs which you incur in case you or your family member gets hospitalized. The medical expenses can put a financial strain on you and when you have a health insurance plan, this strain can be minimized. That is whyContinue reading “How to make a claim in your health insurance plan?”

Coronavirus & Your Mutual Fund Investments

Coronavirus has everyone worried. It’s potential social and economic impact has rattled global markets and things are getting scarier every day. While we are worried about our health, to some extent we are worried about our money too.Since the outbreak of Coronavirus, the markets saw sharp corrections, and the selling pressure will continue for someContinue reading “Coronavirus & Your Mutual Fund Investments”

4 Reasons Why Personal Health Insurance is Important? Should You Rely only on Group Health Insurance

Why should I buy a health insurance policy when my company is giving me that benefit. This is one of the most common answers given by working professionals. And to be fair they have a valid point. But relying only on the group health cover might not be the smartest idea. Life’s journey is notContinue reading “4 Reasons Why Personal Health Insurance is Important? Should You Rely only on Group Health Insurance”

Should you opt for floater funds?

Debt Funds are a conservative investor’s delight. They have two important factors – safety and stability which many investors look out for while investing their hard-earned money. There are 16 variants of these schemes which helps investors choose a scheme as per their needs and financial goals. In this article, we will talk about aContinue reading “Should you opt for floater funds?”

Mutual Fund Review: HDFC Midcap Opportunities Fund | Mid-cap Fund Analysis 2019 | Should you invest?

Mutual Fund Review: HDFC Midcap Opportunities FundThe midcap fund is much risky vs large-cap fund due to more volatilebut over the long run, they are a seriously good instrument for wealth creationHDFC Midcap Opportunities Fund is a huge fund, the single fund represent almost 1out every 3 rupees that get invested in the mid-cap categoryHDFCContinue reading “Mutual Fund Review: HDFC Midcap Opportunities Fund | Mid-cap Fund Analysis 2019 | Should you invest?”

What is Public Provident Fund (PPF) and its benefits

What is Public Provident Fund (PPF) and its benefitsPPF or Public Provident Fund is one of the most popular mediums used by taxpayers to save tax under Section 80c. Public Provident Fund Features: Risk-return equation The interest rate for Jan -Mar 2020: 7.9% Low risk and one of the safest investment Investment limit is yearlyContinue reading “What is Public Provident Fund (PPF) and its benefits”

How the National Pension System gives you an added tax benefit

The Government of India has launched various savings and investment schemes which help you to save and create a financial corpus and also get tax benefits. The National Pension System (NPS) is one such saving scheme which allows you to create a corpus for your retired life. Let’s understand what this scheme is all aboutContinue reading “How the National Pension System gives you an added tax benefit”

How much term life insurance do I need?

Life Insurance: Term life insurance is the simplest, most effective way to secure your family’s future. It ensures your family can take care of themselves in case anything happens to you. However, to ensure this happens properly, you need to have the right cover.5 Steps to calculate the term insurance coverage :1: Factors in yourContinue reading “How much term life insurance do I need?”

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