by Raafia Dabir | 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 Raafia Dabir | 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 Raafia Dabir | Feb 23, 2016 | Uncategorized
Here’s 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...
by Raafia Dabir | Dec 12, 2015 | Behavioural Finance, Financial Planning, Plan your Finance - Articles
“For better or worse…..for richer or poorer.” This is what most of us promise to our spouse when we pledge ourselves in marriage. But unfortunately, many couples can’t seem to survive either richer or poorer due to the poor money management skills. Finances are those...
by Raafia Dabir | Oct 21, 2015 | Retirement Planning
Now you can check your EPF balance on the go. The EPFO has launched three facilities linked to the account holder’s mobile phone through which one can check EPF balance: Mobile app. Missed call service. SMS service. Mobile App Get the Universal Account Number (UAN)...