Financial Planning

2014-15 income tax exemption limit   in the new slab   Income Tax rate Upto 2,50,000 NIL 2,50000 – 5,00,000 10% 5,00,000-10,00,000 20% Income above Rs 10 Lac 30% 1 crore and above 30% Tax 10% surcharge

Banks are giving your money at higher interest to others as loan. To elaborate, when you put Fd in any of the bank, they lend some of your money to certain retail or corporate. For example you are doing an fd at 8%, bank pays you fix rate of 8% and against that they lend the same money in housing loan / personal loan/ car loan / mortgages etc.,

Your money got doubled ?  If someone feels their money got doubled ? Again have a look at your portfolio....i mean entire portfolio, with real estate, bank fd, ppf,epf,gold, company fd, stocks, etc., Indian investor is having less than 3% in equity, i do not say that, actaully this is an actual figure in india.

HDFC Equity Fund  SIP Investments Since Inception 15 year SIP 10 year SIP Total Amount Invested (Rs.) 11,35,000 9,00,000 6,00,000 Market Value as on November 29, 2013 (Rs.) 1,56,69,501.07 60,55,473.21 13,40,883.44 Returns (Annualised)*(%) 23.72% 22.68% 15.37% Market Value of SIP in Benchmark# (Rs). 43,43,412.04 27,30,778.04 9,80,754.62 Benchmark Returns (Annualised)(%)# 12.71% 13.60% 9.50% Market Value of SIP in Additional Benchmark# # (Rs).                 41,00,695.35                26,56,395.51 10,44,771.41 Additional Benchmark Returns (Annualised)(%)# # 12.20% 13.28% 10.69%

When I was a kid...I love to do cycling and going out with friends, we use to have lots of races on cycle. But at the early stage, I was afraid to paddle the bicycle....the 1st paddle was tough for me... it required a lot of courage.....and confidence. ....I started learning bicycle but I failed so many times, slipped off it, cycle punctured, small accidents, but in the end, I learn that by doing constant efforts of keeping my eye on it & balanced it quiet well. Sometimes I fell down looking here and there, what my friends are doing it, how far or near they are. But after making a small mistake I learned that focus and balance is the only thing from which I will be able to manage it well. But do you remember the 1 st day of cycling? The 1 st paddle you put your leg on? it was scary, isn't it? True? But what now? After years of practice, you can run the cycle in zig-zag ways too? Seen the same people riding a cycle on the levels o...

Equity ? What is it ? Equity = Ownership = Partnership = Investment in Business To make it simple, Equity Means doing Business or Investing in a Particular Business and earning profit from it. When you start a new business, think of an idea & start implementing the same, risk is always there on the performance of business, the probability that business will prosper or not ? You invest some amount & expect some returns over a period of 5-10-15 years. Now you are a share holder / owner of business / partner in business.

What is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is levied on the strength of an Act called Income tax Act which was passed by the Parliament of India. What do you mean by income earned in India ? Income earned in India is not limited to income earned within the geographical limits or boundaries of the country. Certain incomes are also deemed to have been earned in India although they may have been earned outside the country.