New year 2016 : Ten Best Money Moves ..!

10 Best Money Moves for 2016 These 10 decisions will ensure that your portfolio yields better returns, your transactions become savvier and your finances improve in the new year. At the beginning of 2015, many stock market pundits had estimated that equities will deliver roug…

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3 things to do after you get your first salary..!

3 things to do after you get your first salary..! By   FundsIndia Desk You are just out of college, and have landed your first job. You are now a salaried individual. What you have in hand is your hard-earned money. You can either spend this money whichever way you want, or / …

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Welcome 2016 with 6 alluring resolutions to shape-up a financially secured life!

Welcome 2016 with 6 alluring resolutions to shape-up a financially secured life! 1. Pursue a hobby  This one is really powerful. More time that you spend on pursuing something purposeful, more is the contentment in life.  You would also suddenly stop equating the purp…

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HSBC India launches ‘HSBC Skills for Life’ progamme

HSBC India launches ‘HSBC Skills for Life’ progamme HSBC Skills for Life programme will skill over 75,000 young people and women Partners with Swades Foundation for rolling out the first vertical of the programme HSBC launched HSBC Skills for Life, a skill development progra…

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Individuals and investment process by Mr. Benjamin Graham.

Investing Mantra's - Stock Market "Individuals Who can not master  their emotions are  ill-suited  to profit from  the investment process"- Mr.  Benjamin Graham.

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Who can avail income tax benefit on education loan?

Who can avail income tax benefit on education loan? An individual can avail of tax benefit on interest paid on an education loan for self or a relative. Relative meaning spouse, child or / a student for whom the individual is a legal guardian.

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Education Loan : Effective Rate of Interest

Education  Loan : Effective Rate of Interest Education  Loan Amount (Rs.) Interest Rate Interest Amount (Rs.) Yearly Tax Savings (Rs.) Effective Rate of Interest 2,00,000 13.5% 27,000 8,343 9.33% 4,00,000 13.5% 54,000 16,686 9.33% 6,00,000 13.5% 81,000 16,686 9.33%

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Rajiv Gandhi Equity Savings Scheme: Investment of Rs.50,000 per Year, and for 3 consecutive years.

Rajiv Gandhi Equity Savings Scheme: Maximum investment of Rs.50,000 per financial year, and for 3 consecutive assessment years. Rajiv Gandhi Equity Savings Scheme & Benefits..! * Rajiv Gandhi Equity Savings Scheme (RGESS) is a equity tax advantage savings scheme for equit…

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