Family finances: Simple goals, disciplined investing to ease journey A cursory look at the Godboles’ portfolio is unlikely to enthuse any financial planner. A dismal net worth of Rs 84,000, a moderate income, poor investments, and no life or health insurance. The obvious lack of financial planning for this couple in their early 30s would…
Ghidiyals must approach their targets one at a time & invest in a disciplined manner Praful Ghidiyal is a rare combination of youthful zeal and prudence. The 24-year-old Mumbai-based manager has started early with his financial planning, maintains a high rate of savings despite a low income, is enthusiastic about equity investment, has clarity about…
Family finances Section; October 15, 2012 Gopalans need to diversify to get financial plan back on track NET WORTH OF THE GOPALANs Asset Current value Real estate – Rs 95 lakh FDs – Rs 5.5 lakh Equity – Rs 1.66 lakh Cash – Rs 30,000 Total – Rs 1.02 crore Liabilities: Rs 19 lakh (current value) A net worth of Rs 83…
The one big day of the year, which almost all of the taxpayers and investors await, is today. It is the Budget Day. Though I would call the announcements to be of a very low significance, this year’s budget has something in it for the fixed income investors. Here is what the budget has in…
From working people to senior citizens, there are a host of tax saving schemes that one can opt for. Shalini saksena gives you a lowdown on some ways to help you pay lesser tax by saving more The 2013 Budget is out and it has brought good news, especially for those whose total taxable income is up…
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Rural Electrification Corporation (REC) will be launching the first public issue of tax-free bonds for the current financial year from 30th of this month. The company is offering quite…
