Gold is ideal vehicle for investment as it protects your wealth from inflation. Everyone should have a component of gold in his/her investment portfolio. If you are looking to start investment in gold, you should consider few important points. In this article, I have listed down the beginners tips for gold investment. Different Modes to [...]
[Click to continue...]Income Tax Slab for Financial Year 2012-13 As per the budget 2012-13, the income tax slab for Financial year 2012-2013 has changed. The new income tax slab becomes applicable from 01st April. The income tax exemption limit has increased from Rs 1,80,000 to Rs 2,00,0000. So that means, for income upto Rs 2,00,000 you don’t [...]
[Click to continue...]Here are the main contents of budget 2012-13 which might be of interest to most of the readers of FinanceSynergy. This content is not the complete extract of budget but an overview of it for the general audience. Starting with the most important news for normal tax payers. The basic exemption limit is increase from [...]
[Click to continue...]After I wrote the post on Gold ETF funds in India, I received emails from readers asking how to buy Gold ETF funds in India. So I decided to write a post on it for everyone’s benefit. Since Gold ETF is an Exchange Traded Fund, it is traded on the exchange just like stocks or [...]
[Click to continue...]We are already in last month of this financial year. Most of the readers of FinanceSynergy must have done their tax saving investments. For those of you still haven’t done your tax investments, you should do it now. LNT Infrastructure Bond 2012A Series Tranche 2 The LNT Infrastructure bond issue has been extended till 12th [...]
[Click to continue...]Having a newborn baby is extremely exciting. As a new parent, you probably have many hopes and dreams for your new son or daughter and can`t wait to have this special little person in your life. However, you also need to be aware of the fact that there are significant costs associated with having a [...]
[Click to continue...]As a newly wed couple, part of your success in marriage will be to handle your finances well. A great percentage of couples in India are unhappy with their marriage because of financial issues. You can avoid this trap by securing your money as early as possible in your marriage and save yourself a lot [...]
[Click to continue...]How do you choose a mutual fund to invest either a lump sum amount or start SIP? What are the key factors that you look at? Here is the list of some of the important factors you should consider in this process. Equity or Debt Mutual Fund? If you are looking to invest a big [...]
[Click to continue...]Managing personal finance is one of the toughest challenges facing almost everyone in the current economic climate. The media is filled with stories about rising levels of personal debt, repossession of homes and assets, unpaid bills and bad credit ratings. Wage rises are negligible or frozen altogether, while inflation is rising. Households find that their [...]
[Click to continue...]Earlier on this blog, we have discussed about mutual funds but in this post, we are going to discuss about the tax on mutual funds. As some of you may already be aware that there are two types of income from Mutual funds: Capital gain and dividends. Capital gain is the increase in value of [...]
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