Personal Finance

Importance of Investment Planning based on individual goals

April 25, 2012 by sknlakshmi

Introduction - Financial Goals

Planning for Summer Vacation

April 18, 2012 by sknlakshmi

Nowadays people are rushing behind their life. Spending leisure time with the family becomes a very big question mark. Hence, people started a practice of vacation trips to spend their time with the family at least once in a year. Actually speaking, it is not a leisure time but it is a quality time, by which they share their experience with their children. It is a must in everyone’s life.

Importance of Financial literacy while Personal Financial Management Planning

April 3, 2012 by sknlakshmi

Financial Planning

With everything happening in the economy, you need to have a personal financial plan. Such a plan for your personal finances will help you navigate the roads of your life. No matter what situations life may throw your way, a financial plan will help you plan for rather than react to situations that may arise, make better choices, and ultimately achieve the financial goals you have for you and your family.

Union Budget 2012-13 - An overview From common investors' point of view

March 23, 2012 by sknlakshmi

Union Finance Minister Pranab Mukherjee on 16 March 2012, tabled the union budget in the parliament for the financial year 2012-13. He presented the fourth annual budget after he took over as the finance minister in 2008, seemed to focus on the recovery of the domestic economy.

Tax free Investments

March 9, 2012 by sknlakshmi

Current financial year has come to an end and it's time for individuals to give the final touches to their income tax planning and savings. There are many sections defined under the Income Tax Act that enable individuals to save tax by investing in various qualified instruments. It's time for investors to review their investments in tax-saving instruments and look at possibilities to save maximum possible tax in the current financial year. Saving tax is the main motto of all taxpayers

Why should I Invest

March 3, 2012 by sknlakshmi

Save Money

Tax Savings investments

February 28, 2012 by sknlakshmi

Investing in bond may be best in a volatile market

January 20, 2012 by sknlakshmi

Now investors face an unpredictable stock market that's back-dropped by an uncertain global economy. No matter. Investors should know where to invest to create wealth. Every one’s portfolio should contain certain percentage of investment in bonds to manage the portfolio value in a highly volatile market. These days, it seems, you can't go anywhere without hearing how the markets are doing. Bonds are safe place to keep some of your savings.

Tax planning

December 23, 2011 by sknlakshmi

ELSS and its comparison with ULIP

December 2, 2011 by sknlakshmi

Tax planning will soon be on everyone's mind. Now Indian tax payers have multiple tax saving options available in the market but the most critical part is making the right choice. The very first question come into mind is, which scheme will help save tax while maximizing returns. Although, traditional tax saving instruments like Public Provident Fund (PPF) and National Saving Certificate (NSC) been hot favorite since long, but now Indian economic growth has opened up a large number of other avenues.