by Jhaveri Kartik | May 13, 2016 | Plan your Finance - Articles
Receiving a financial windfall is often a life-changing event. However, successfully managing windfall gain is tough for most people as they might be in a state of happiness or extreme grief. In both cases it is quite easy to fall prey to financial evangelists,...
by Jhaveri Kartik | Apr 8, 2016 | Uncategorized
The RBI policy announcement on 5th April, 2016 was actually a very progressive one. However it is quite unfortunate that the stock market reacted quite adversely. Let’s understand the central bank’s monetary tools from an economic perspective. So...
by Jhaveri Kartik | Mar 3, 2016 | Financial Planning, Plan your Finance - Articles, Retirement Planning
Budget 2016 announced that ONLY 40% of your EPF (Employees Provident Fund) is tax free. Similar is the situation with NPS & superannuation fund and recognised provident fund. The balance 60% is now going to be taxed and this has created a furore. Relax! Things are...
by Jhaveri Kartik | Mar 2, 2016 | Uncategorized
Prima facie Budget 2016 does not have much to speak of. It was business as usual and the government did its bit of supporting its socialist agenda. There are a few really good things here and there and a lot of things that were necessary to have in the space of rural...
by Jhaveri Kartik | Feb 23, 2016 | Uncategorized
Hereโs a short summary of what we expect from budget 2016 and we hope that the Finance Ministry obliges. 1. Direct and Indirect Taxes At present, for individuals the non taxable income limit is Rs. 2.5 lakhs and for senior citizens, the limit is Rs. 3 lakhs. For very...
