Good Debt v/s Bad Debt:How to understand the difference?

Most of us have taken Loans in our lives for one or other objectives but When I speak with people on whether one should borrow or not and whether debt is good or bad, I find that most of people are on either extremes, some believe that one should always borrow money for their needs …

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Legal Structure of Mutual Funds in India.

In my last article “ All about Mutual Funds. Advantages & Disadvantages of Mutual funds”,I had discussed about basics as well as advantages and disadvantages of Mutual funds. Mutual Funds are very strong and stable vehicle for investing in different asset classes. Most of the investors whether they are investing in Mutual Funds or not, …

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How to fight denied Insurance Claims with the help of Insurance Ombudsman?

Generally whenever insurance claims whether it is life insurance claims or Non life insurance claims are rejected, policy holders directly approach a lawyer and file case at consumer court. What happens is, filling a case in the court is very costly affair because lawyer will charge you his fees as well as expenses for fighting …

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HUF-Part-3 Legal Aspects & Disadvantages of HUF

In my first article on HUF & Tax Planning which was published on 4th June, 2015 I had discussed ” What is HUF? & How to create HUF?“ and in my second article on HUF & Tax Planning which was published on 19th June, 2015 I had discussed “How to reduce Tax Liability using HUF?“. …

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HUF – Part-2 How to Reduce your Tax Liability using HUF?

In my last article we had discussed “What is HUF & How to create HUF?” In this article we will be discussing How to reduce your Tax Liability using HUF as a separate entity in the eyes of Income Tax Act. ♦ Separate Legal entity:  HUF is a separate legal entity in the eyes of Income Tax …

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Investment, Speculation and Gambling: How are they different?

Your approach determines whether you are investor, speculator or Gambler? Most of the people who are participating in different asset classes like Equities, Commodities , Real estate or other asset classes don’t understand whether they are actually investor, speculator or gambler. It is very important to understand your own behavior as an investor because that …

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5 Money Actions that can create disaster in your Financial Life.

1 Most of you have been reading my articles for quite a long time. I have written a lot on how you can organize your financial life. Now this time I want to tell you what you should not do. Successful Financial life can be achieved by avoiding mistakes and adopting a disciplined approach towards …

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Are you sure that your family can survive without you?

Are you sure that if you die today your family will be able to survive and enjoy same life style that they are enjoying now ?  All the capital expenses like your children’s education & higher education expenses, marriage expenses and all other type of expenses will be mate properly?, your wife will not have …

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Varishtha Pension Bima Yojana- Life long Taxable Guaranteed Return of 9.30% p.a. for Senior Citizens.

Whenever interest rates are falling, senior citizens are always under stress to maintain their income, because their income from interest through fixed deposit is falling and that is their main source of income. NDA Govt which ended its tenure in 2004 was very sensitive to this issue and so they brought two schemes in their …

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