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5 types of income to remember while filling ITR - (A)

There is little less than a day and a half left before the deadline for submitting the Income Tax return (ITR). The deadline, July 31, is fast approaching. Meet this deadline if you don’t want to pay late fees, default interest on taxes owed, and lose other benefits of filing the ITR before the due …

Five key financial issues that need your attention - (A)

Whether you’re on time deposits, have a home loan, or are a taxpayer, there are several big changes coming in August that will affect your piggy bank. Aggressive RBI Monetary Policy Announcement For the month of June, India’s headline retail inflation rate, as measured by the Consumer Price Index (CPI), was 7.1%. This brings average …

How Educational Inflation can harm your child's future - (A)

What is the first thing that comes to mind when inflation rises? Fruit and vegetable prices? Maybe fuel costs too. While discussions about the cost of lemons, tomatoes, and potatoes have been all the rage, there are other areas where inflation has consistently affected over time. The cost of education is one of those areas …

New limits for international mutual funds based on redemption - (A)

As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …

How to plan for the care of your child with special needs beyond life - (A)

We often worry about what will happen to our children when we are not around: who will take care of them? It’s a fleeting thought that gets overwhelmed by our busy schedules and naturally caters to the child’s needs. We do our best to make sure our child is well cared for at all times. …

Eyeing for an international scholarship - This how you can maximize your chances - (A)

For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …

Ways to shorten your home loan approval time - (A)

If you want to buy a home, the lengthy approval process can seem daunting. Even in today’s digital age, home loan applications require a lot of paperwork to be submitted and reviewed by the lender. Because let’s face it, the housing market is tough for just about everyone and no one wants to wait weeks, …

Seven common mistakes people make when planning for health insurance - (A)

Company health policy is sufficient, personal policy is not necessary This is one of the most common mistakes we have come across from people who work in the corporate sector: they rely on the group policy offered by their company and do not have personal coverage. They don’t realize two things: First, an office policy …

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